Lower My Tax Now Blog

Have you ever received a letter in the mail with the initials IRS?

I bet a million dollars that your heart started pounding! And I would have heard you say, “Oh my God, I’m getting audited!”

Stop right there!

The good news is there are various reasons why IRS will give you…

Did you recently move or change your home or business mailing address? If so, here are the forms you need to be aware of.

Hello, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.

Use Form 8822 Change of Address to notify the IRS of a change to your home mailing…

Hello, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.
Here’s a tax question, I got from one of my clients:

Should I use my retirement monies to pay off debt?

Here are the facts of the case:

Client has two credit card debts. One credit card has a balance of $40,000 at…

Is your kid planning to work this summer? If so, make sure you know the tax basics.

Hello, this is Noel Dalmacio, your ultimate CPA at lowermytaxnow.

Here are four things you need to consider if your kid decides to get a summer job:

Tax returns. Assuming no other sources of income,…