Welcome to Eric M Hunt, CPA
Contributing to a Roth IRA is a fantastic way to build tax-free wealth, but there is a major catch: you must have eligible earned income to participate. If you found yourself unemployed but still funded your Roth IRA from your savings or unemployment benefits, you have a compliance issue on your hands. Under the strict […]
Are you a taxpayer but worried about paying the full amount upfront? It’s obvious to panic in this situation, but the solution is an IRS Payment Plan. Paying taxes in one go can be worrisome for most individuals, so these installment agreements allow the taxpayers to break down their tax amount into monthly payments that […]
Tax season might end after returns are filed, but for many professionals and taxpayers, the need for assistance continues well beyond that point. Whether addressing notices, checking refund status, or resolving compliance issues, the IRS Practitioner Priority Service Line (PPS) is an essential tool that streamlines communication between tax experts and the IRS. With the […]
