admin

LP TAX & BOOKKEEPING PROS LLC RALPH PINNEY EA MCKINNEY, TX  75072 303-881-9762 TAX YEAR 2026 Education Tax Benefits Education Tax Benefits If you pay tuition, fees, and other costs for attendance at an eligible educational institution for yourself, your spouse, or your dependent, you may be able to take advantage of one or more […]

McKinney, TX  75072 303-881-9762 ralphp@lptaxandbookkeepingpros.com www.lptaxandbookkeepingpros.com The Invisible Shadow: Exploring the 19th-Century DNA of the Modern IRS Lien What if you woke up tomorrow morning to find a quiet, invisible guest sitting at your kitchen table, legally claiming a stake in your toaster, your car, and the very roof over your head without ever knocking

McKinney, TX  75072 303-881-9762 ralphp@lptaxandbookkeepingpros.com www.lptaxandbookkeepingpros.com TAXPAYER GUIDE 10 IRS Letters Every Taxpayer Should Recognize What each one means, why it showed up in your mailbox, and what happens if you don’t respond. The IRS sends hundreds of different letters and notices. Most taxpayers will never see more than a handful of them — but

Is Your Employer Withholding Enough? Many employees assume their payroll department is withholding the correct amount of tax. Unfortunately, that’s not always the case. Changes in tax laws, multiple jobs, a working spouse, dependents, bonuses, or simply an outdated Form W-4 can all result in too little federal income tax being withheld. A quick review

Can You Deduct a Home Office? If you run a business from your home, you may qualify for a valuable tax deduction. The IRS allows a deduction for certain home-related expenses when part of your home is used for business purposes. You may qualify if: • You have a space in your home that is

LP TAX & BOOKKEEPING PROS LLC Ralph Pinney, EA McKinney, TX 75072 303-881-9762 Audits Listen, I know getting anything from the IRS with the word audit on it can make your stomach drop. Most people immediately start wondering if they did something wrong, how bad this is going to get, and whether they can just

What if you woke up on a crisp Monday morning, poured your coffee, and opened a certified letter that effectively told you your business bank account was no longer yours to use? It is a nightmare scenario that thousands of business owners face every year, often just as they are trying to gear up for

You are sitting on your sofa, perhaps mid-way through a late-night movie or a Sunday sports broadcast, when that voice booms from the television or the radio. It is deep, authoritative, and impossibly confident. It asks if you are drowning in IRS debt and then makes a promise that sounds like a miracle: they can

What happens when the person on the other end of the line at the IRS is no longer a person at all? For decades, the path to an installment agreement was paved with paperwork, human negotiation, and the steady, sometimes sympathetic ear of a revenue officer. But the landscape of tax debt is shifting beneath

Margery sat at her kitchen table, the glow of her laptop screen reflecting the tears in her eyes as she stared at an ad that seemed like an answer to a prayer. ‘IRS Fresh Start Program Authorized Firm: Wipe Out Your Tax Debt for Pennies with Our Secret Loophole!’ The voice on the other end