Ask A Firs: Recent Episodes

ADH Financial Services LLC

From IRS questions to investment information, this podcast will cover all money related topics.

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If you need help with any irs issues please visit our website at www.adhfinancial.com. Click on book an appointment

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Our email address is s.hall@adhfinancial.com

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This episode will discuss what to send when IRS wants to verify certain tax return Items.

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This episode will discuss the most common issues IRS letters

Where to find more information regarding IRS letters

https://www.irs.gov/individuals/understanding-your-irs-notice-or-letter

CP 2000 Notice Information

https://www.irs.gov/taxtopics/tc652

IRS Bill notices

https://www.irs.gov/taxtopics/tc653

Notice Requesting additional Documentation

https://www.irs.gov/taxtopics/tc654

To book an appointment with us please visit ⁠⁠www.adhfinancial.com⁠⁠. Click on book an appointment.

To reach us by phone please contact us at 313-427-3667

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Please join our Facebook Group: ADH Financial Group ⁠⁠https://www.facebook.com/groups/1047397632029374 ⁠⁠

Send us a question at: S.Hall@adhfinancial.com



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This episode will discuss IRS delinquent tax returns

IRS Policy Statement P-5-133

Click on the link below, look at the page menu on the left and click on P-5-133

https://www.irs.gov/irm/part1/irm_01-002-001#idm140337011242656

Filing Past Due Returns

https://www.irs.gov/businesses/small-businesses-self-employed/filing-past-due-tax-returns

Timeframe IRS can assess your missing return

https://www.irs.gov/filing/time-irs-can-assess-tax#:~:text=The%20IRS%20can%20usually%20assess,Statute%20Expiration%20Date%20(ASED).

Timeframe to claim refund

https://www.irs.gov/filing/time-you-can-claim-a-credit-or-refund

To book an appointment with us please visit ⁠www.adhfinancial.com⁠. Click on book an appointment.

To reach us by phone please contact us at 313-427-3667

Please follow our Facebook Page: ⁠https://www.facebook.com/adhfinancialservicesLLC ⁠

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This episode will discuss how to pay the Internal Revenue Service when you owe.

Tax Topic- Tax Payment Options

https://www.irs.gov/taxtopics/tc202#:~:text=Short%2Dterm%20payment%20plans%20(up,liability%20is%20paid%20in%20full.

Make IRS payments electronically-

https://www.irs.gov/payments/direct-pay

https://www.irs.gov/payments/pay-your-taxes-by-debit-or-credit-card

Request an installment agreement-

https://www.irs.gov/payments/online-payment-agreement-application

Other options if you owe-

https://www.irs.gov/payments/get-help-with-tax-debt

Offer in compromise

https://www.irs.gov/payments/offer-in-compromise

Currently Non Collectible and National Standards Used

https://www.irs.gov/businesses/small-businesses-self-employed/temporarily-delay-the-collection-process

https://www.irs.gov/businesses/small-businesses-self-employed/collection-financial-standards

IRS Terms Used

Notice of Federal Tax Lien

https://www.irs.gov/businesses/small-businesses-self-employed/understanding-a-federal-tax-lien

CSED

https://www.irs.gov/filing/time-irs-can-collect-tax#examplesadd

To book an appointment with us please visit www.adhfinancial.com. Click on book an appointment.

To reach us by phone please contact us at 313-427-3667

Please follow our Facebook Page: https://www.facebook.com/adhfinancialservicesLLC

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Send us a question at: S.Hall@adhfinancial.com

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A brief breakdown of a Tax Deduction vs Tax Credit .Additional information regarding a Tax Deduction Vs a Tax Credit: https://www.irs.gov/pub/irs-pdf/p17.pdf

To book an appointment with us please visit www.adhfinancial.com. Click on book an appointment.

To reach us by phone please contact us at 313-427-3667

Please follow our Facebook Page: https://www.facebook.com/adhfinancialservicesLLC

Please join our Facebook Group: ADH Financial Group https://www.facebook.com/groups/1047397632029374

Send us a question at: S.Hall@adhfinancial.com

Helpful Websites: https://linktr.ee/adhfinancial

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This episode will discuss the most commonly used schedules that are attached with your tax return

Additional information regarding commonly used schedules please click here: https://www.irs.gov/forms-pubs/schedules-for-form-1040

To book an appointment with us please visit www.adhfinancial.com. Click on book an appointment.

To reach us by phone please contact us at 313-427-3667

Please follow our Facebook Page: https://www.facebook.com/adhfinancialservicesLLC

Please join our Facebook Group: ADH Financial Group https://www.facebook.com/groups/1047397632029374

Send us a question at: S.Hall@adhfinancial.com

Helpful Websites: ⁠https://linktr.ee/adhfinancial

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A brief breakdown the IRS standard deduction vs itemized deductions.Additional information regarding standard deduction vs itemized deductions: https://www.irs.gov/pub/irs-pdf/p501.pdfhttps://www.irs.gov/pub/irs-pdf/p529.pdfhttps://www.irs.gov/pub/irs-pdf/i1040sca.pdfTo book an appointment with us please visit www.adhfinancial.com. Click on book an appointment.

To reach us by phone please contact us at 313-427-3667

Please follow our Facebook Page: https://www.facebook.com/adhfinancialservicesLLC

Please join our Facebook Group: ADH Financial Group https://www.facebook.com/groups/1047397632029374

Send us a question at: S.Hall@adhfinancial.com

Helpful Websites; https://linktr.ee/adhfinancial

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A brief breakdown of the various business returns used to report income and expenses To book an appointment with us please visit www.adhfinancial.com. Click on book an appointment.To reach us by phone please contact us at 313-427-3667Please follow our Facebook Page: https://www.facebook.com/adhfinancialservicesLLCPlease join our Facebook Group: ADH Financial Group https://www.facebook.com/groups/1047397632029374Send us a question at: S.Hall@adhfinancial.com

Helpful Websites: A brief breakdown the IRS standard deduction vs itemized deductions. Additional information regarding standard deduction vs itemized deductions: https://www.irs.gov/pub/irs-pdf/p501.pdf https://www.irs.gov/pub/irs-pdf/p529.pdf https://www.irs.gov/pub/irs-pdf/i1040sca.pdf To book an appointment with us please visit www.adhfinancial.com. Click on book an appointment.

To reach us by phone please contact us at 313-427-3667

Please follow our Facebook Page: https://www.facebook.com/adhfinancialservicesLLC

Please join our Facebook Group: ADH Financial Group https://www.facebook.com/groups/1047397632029374

Send us a question at: S.Hall@adhfinancial.com

Helpful Websites; ⁠https://linktr.ee/adhfinancial⁠

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This podcast will cover who you clam as a dependent on your tax return. 

Here is publication 501. You can find more information on who you can claim as a dependent by clicking on the following link. 

https://www.irs.gov/pub/irs-pdf/p501.pdf

https://apps.irs.gov/app/vita/content/globalmedia/overview_of_the_rules_for_claiming_4012.pdf

Here is are a few links for assistance with certain credits for dependents.  

https://www.irs.gov/pub/irs-pdf/f886he.pdf

https://www.irs.gov/pub/irs-pdf/f886hdep.pdf

https://www.irs.gov/pub/irs-pdf/f14815a.pdf

IRS interview to help you determine if someone is your dependent.  https://www.irs.gov/help/ita/whom-may-i-claim-as-a-dependent

To book an appointment with us please visit www.adhfinancial.com. Click on book an appointment.

To reach us by phone please contact us at 313-427-3667

Please follow our Facebook Page:  https://www.facebook.com/adhfinancialservicesLLC

Please join our Facebook Group: ADH Financial Group  https://www.facebook.com/groups/1047397632029374

Send us a question at: S.Hall@adhfinancial.com

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How to select a tax preparer. The IRS guide is listed in this link. https://www.irs.gov/newsroom/tips-to-help-people-choose-a-reputable-tax-preparer?fbclid=IwAR1WeOzyx4EIcyaA3z3xhgvQhbHAqlHo8sGzi5DGJpF64W_K73PtLRPHvfE

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This episode will discuss the different IRS filing statuses. Please review Publication 501 for additional information. Go to www.adhfinancial.con to book an appointment for tax assistance. Call us at 313-427-3667. E-mail us at s.hall@adhfinancial.com

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From Publication 501 I will describe who must file a tax return

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This is our first introduction podcast episode. Please stay tuned for detailed tax related content