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Archive for January 21, 2021

Salt Alert: Nevada Amnesty Program

Salt Alert: Nevada Amnesty Program

The Nevada Legislature has enacted a one-time tax amnesty program for qualified businesses or individuals doing business in Nevada.

Benefits Of Amnesty

The program allows for penalty and interest to be waived on outstanding taxes that were due and payable on or before June 30, 2020, which includes monthly tax returns due on May 31, 2020 or before, and quarterly tax returns due April 30, 2020 or before.

Amnesty Period

The amnesty period is February 1, 2021 – May 1, 2021.

Taxes Covered Under Amnesty Program

The following tax types are eligible for amnesty:

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Office Of Pardon Attorney And Pardons Of President Trump


The Office of the Pardon Attorney assists the President in the exercise of executive clemency. Under the Constitution, the President’s clemency power extends only to federal criminal offenses. All requests for executive clemency for federal offenses are directed to the Pardon Attorney for investigation and review. The Pardon Attorney prepares the Department’s recommendation to the President for final disposition of each application. Executive clemency may take several forms, including pardon, commutation of sentence, remission of fine or restitution, and reprieve.

For a list of all Presidential Pardons granted by President Trump, go the United States Department of Justice link: 

Can You Go To Jail for Past-Due (Delinquent) Taxes?

Can I Go To Jail for Past-Due (Delinquent) Taxes?

Past-due (delinquent) taxes create a stressful situation for taxpayers who fall behind or file late.  Liens, wage garnishment, and fines only increase anxiety for those behind on their taxes.  To make matters worse, there is a question of an even bigger punishment for delinquent taxes: Can you go to jail for falling behind on taxes?

The question is more complicated than a simple yes or no.  Many factors play into decisions the IRS makes regarding criminal charges for tax issues.

Key Insights:

1.)  Why the IRS can file criminal charges against you

2.)  How long does the IRS have to make their case against you?

3.)  What other penalties can the IRS impose for delinquent taxes

Yes, You Can Go To Jail

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Now An Easy Way To File Forms 1099, W-2, And ACA Forms Before The February 1, 2021 Due Date

Now An Easy Way To File Forms 1099, W-2, And ACA Forms Before The February 1, 2021 Due Date

Small and medium sized businesses are moving to the cloud to easily file Forms 1099, W-2 and ACA. As an authorized IRS transmitter of these forms, the process is made much easier for you with efile4Biz. This quick and easy interface will have you filing forms in just minutes so you have more time to spend on other activities.

You work in the cloud to enter your data manually of via an excel template or use your accounting apps like Quickbook or Xero. If you are a tax preparer filing on behalf of multiple clients, they offer multiple options. You can use Excel Template, Xero API, Quickbooks Desktop Plugin, Quickbooks Online Plus and Quickbooks Online Accountant. Cost is $1.50 Per Form. eFile4Biz files with IRS, then prints, emails or sends through post email copy of Forms to recipients for you.