Posted on May 19th, 2026 

A plain-English guide for taxpayers who received an IRS balance-due notice 

Prepared for Taxhauz / Tomini Business Advisors 

Quick takeaway: A CP14 notice usually means the IRS processed your return and shows an unpaid balanc…

Posted on March 31st, 2026 

Tax debt can start as a stressful letter and quickly turn into something that affects your paycheck, bank account, and peace of mind. Many people delay action because they hope the balance will get easier to handle on its o…

Posted on February 20th, 2026

Getting a letter from the IRS can spike your stress in about three seconds flat, especially when it suggests you underreported income. A CP2000 notice is common, but it still needs careful attention because deadlines, docu…

Posted on January 27th, 2026.

Getting mail from the IRS is a special kind of adrenaline rush, the unfun kind.

Your brain goes straight to worst case scenarios, then you read two lines and still have no idea what they want.

We get it, we’ve talked p…

You don’t have to carry an IRS notice alone. Taxhauz can step in, communicate with the IRS on your behalf (with proper authorization), and guide the situation to resolution—so you can stop losing sleep.

Getting a letter from the IRS can ruin your week. …

Game On: The tax Cuts and Jobs Act (TCJA) and Its Impact on Your Taxes

The Tax Cuts and Jobs Act (TCJA) has shaped the U.S. tax system for nearly seven years, influencing how businesses and individuals manage their taxes. With key provisions set to expir…

The FinCen BOIR (Beneficial Ownership Information Reporting) deadline is right around the corner, and missing it could lead to civil penalties of up to $591 per day, criminal fines up to $10,000, and even up to 2 years in prison.

What is FinCen BOIR?…

Fractional CFO services offer part-time or as-needed financial leadership for businesses that may not require a full-time CFO. Here are some examples of services provided under this model:

1. Financial Strategy & Planning: A fractional CFO helps in deve…

Dear Client:

If you’ve recently been billed by the IRS with the claim that you owe a penalty for late filing, late payment, or missed employment tax deposits, I urge you to pause before making any payment. You may not have to pay that penalty at all.

The…

The Foreign Earned Income Exclusion (FEIE) is a lifesaver for U.S. expats, letting you exclude up to $120,000 of foreign-earned income from your U.S. taxes in 2023. If you qualify through either the Bona Fide Residence Test (living abroad for a full tax …

The clock continues to tick. Here are the upcoming deadlines for filing your Business Ownership Information (BOI) reports with the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN).

Deadlines

If your business existed as of J…

Posted on June 07th, 2023.

Tax season can be a stressful and overwhelming time for individuals and businesses alike. The complexities of tax laws and regulations can leave many feeling lost and uncertain. 

Expert Tax Advice:

Professional accountants b…