Category: Tax Blog

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 […]

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 […]

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 […]

Taxpayers are terrified of audits. This is understandable. They can be a lot of hassle. However, if your tax

You have a fundamental right with the Internal Revenue Service, The Right to Pay No More than the Correct Amount of Tax.

Taxpayers have a RIGHT to be treated fairly by the IRS. This can be useful in asking for managerial assistance, an appeal to..

You have the right to choose an authorized representative of your choice to act on your behalf in your dealings with the IRS.

Taxpayers are sometimes worried that the IRS may use their confidential tax data improperly to their detriment.

This right entitles you to a fair and impartial administrative appeal of most…

You as a taxpayer have the Right to Privacy in dealing with the IRS. The article below, quoted directly…