New Freedom Tax Relief LLC

08/31/2022

IRS seeks transformation in new 5-year plan

The IRS’s fiscal 2022–26 Strategic Plan sets out goals to modernize its operations and interactions with taxpayers while adapting to new challenges and threats.

08/30/2022

Superfund Excise Tax Is Catching Many Companies By Surprise

The Superfund Excise Tax went into effect on July 1, 2022, and many companies are still struggling to understand how it applies. With the first excise tax deposit due on July 29th, coupled with the potential to avoid penalties if paid timely, assessing if the tax applies should be a top priority.

08/29/2022

New IRS Strategic Plan: Agency issues a five-year plan with a goal to help taxpayers

IR-2022-142, July 20, 2022 — The Internal Revenue Service today released a new five-year Strategic Plan that outlines its goals to improve taxpayer service and tax administration.

08/26/2022

Three Reasons To Seek A Tax Professional And How

The number one reason you want to hire a tax professional is that the tax professional comes with professional knowledge.

08/24/2022

2 moves to cut tax bills for advisors facing lower income this year

Stock market woes are depressing earnings for advisors who charge on client assets, but the pass-through benefit and a health insurance deduction can alleviate a lot of the pain.

08/22/2022

Our team of expert tax specialists is here to help you reduce your debt to the IRS. Call New Freedom Tax Relief today for a tax relief program in Phoenix AZ.

08/22/2022

Voices Key considerations for employee benefit plan audits

The Auditing Standards Board's SAS 136 has revamped the audit requirements for EBPs subject to ERISA.

08/21/2022

Our team of expert tax specialists is here to help you reduce your debt to the IRS. Call New Freedom Tax Relief today for a tax relief program in Mesa AZ.

08/20/2022

Owing taxes to the IRS can be incredibly stressful. Call New Freedom Tax Relief today to learn more about a tax relief program in Glendale az!

08/19/2022

At New Freedom Tax Relief, we are here to provide you with advice, avoid expensive complications, and guide you through a tax relief program in Chandler AZ.

08/19/2022

Drugmaker AbbVie shielded profits from U.S. taxes, Senate report says

The new report from Democrats on the Senate Finance Committee comes as lawmakers struggle to advance an economic package that could overhaul global tax laws.

08/18/2022

If you get health insurance through the public marketplace, a midyear review can help avoid a tax surprise

Certain life changes — including to income or family size — can affect how much you can receive in advance tax credits to reduce your health-care premiums.