Author: John Eberhard
Should I Get a Reverse Mortgage???
by Dave Horwedel, EA A Story I knew a lady in her late 60s who was in good health and frustrated she could not do what she wanted to do in her “golden years.” She had worked hard all her life, mainly as a salesperson, and was still working in her own business, selling at […]
Tax Blog, Tax PreparationHow to Minimize the Tax Hit on a Home Sale
by Dave Horwedel, EA Minimizing Tax on Sale of a Home If you’re looking to sell your home, you should take a close look at the exclusion rules and cost basis of your home to reduce your taxable gain on the sale. You are welcome to contact Torchlight Tax if you would like our assistance […]
Tax Blog, Tax PreparationTorchlight Tax is Hiring Now and for 2024
This is Dave Horwedel, EA and Founder of Torchlight Tax. We are now hiring EAs and CPAs who can crank out tax returns and/or do IRS Representation. Remote positions are available in addition to in-house positions. If you have your own tax practice but would like some part-time tax work to keep you busy, we […]
Tax Blog, Tax PreparationEmployee Retention Credit for Plumbing and HVAC Firms – Do you Qualify or Not?
Getting an ERC, if you truly qualify, can be a huge boon for you and your business. There can be a lot of money involved.
Employee Retention CreditEmployee Retention Credit for Construction and Real Estate Development Firms-Do you Qualify or Not???
Getting an ERC, if you truly qualify, can be a huge boon for you and your business. There can be a lot of money involved here.
Employee Retention CreditHow to Minimize Audit Risk!!!
Taxpayers are terrified of audits. This is understandable. They can be a lot of hassle. However, if your tax
IRS Representation, Tax Blog, Tax PreparationTaxpayer Bill of Rights 4: Your Right to Challenge the IRS’s Position and Be Heard
You have a right to disagree with the IRS. Sometimes, the IRS makes mistakes, and you can take a different..
IRS Representation, Tax PreparationThe Taxpayer Bill of Rights 3: Your Right to Pay the Correct Amount of Tax
You have a fundamental right with the Internal Revenue Service, The Right to Pay No More than the Correct Amount of Tax.
Tax Blog, Tax PreparationTaxpayer Bill of Rights 2: The Right to Quality Service
Have you experienced the frustration and disappointment of encountering bad service when dealing with the IRS?
IRS Representation, Tax PreparationTaxpayer Bill of Rights 10: Ensuring a Fair and Just Tax System
Taxpayers have a RIGHT to be treated fairly by the IRS. This can be useful in asking for managerial assistance, an appeal to..
IRS Representation, Tax Blog, Tax Preparation