by Ledger General | May 24, 2022 | Tax Tips and News
Federal law requires you to maintain copies of your tax returns and supporting documents for three years. This is called the “three-year law” and leads many people to believe they’re safe provided they retain their documents for this period of time. Even if the...
by Ledger General | Apr 27, 2022 | Tax Tips and News
The IRS recently detailed the steps to take if you receive a letter. Here’s what they had to say: The IRS mails letters or notices to taxpayers for a variety of reasons including: • They have a balance due.• They are due a larger or smaller refund.• The agency...
by Ledger General | Mar 17, 2022 | Tax Tips and News
It feels like spring deadlines in Chicago! While this lovely weather may not be consistent yet, the deadlines are here to stay. If you’re an existing client, make sure to get your documents to us by 4/1. Returns where documents are received after 4/1 will...
