What are RITA Penalties and CCA Cleveland Collections? Are you receiving letters from organizations such as RITA and CCA? Do they threaten to apply late fees and garnished wages for taxes you’ve paid already? Are you confused, wondering how you can afford this on top of income tax? Local taxes collected by the city can be...Continue reading
Are you interested in learning how to get your IRS tax penalties waived? Are you wondering if the State of Ohio waives tax penalties? What about RITA, our local tax collection agency serving most of the Northeast Ohio region? If you (or your corporation) file your tax return late or fail to pay your taxes...Continue reading
What to Do If I Owe Back Taxes But I Can't Pay? You just filed your federal income tax return, looked at the amount you owed, and started to sweat because you don’t have the money. Whatever you do, ignoring your back taxes will not make it better. Even if you have several years of...Continue reading
As we posted last month in "Work From Home Tax Benefits in Cleveland Area," you may be entitled to a RITA tax refund. However, your local municipality tax collector, which is what RITA and CCA are - tax collection agencies, are waiting for you to request the refund. RITA refunds will not be automatic. CCA...Continue reading
Do you live in the Cleveland area and work from home? If so, you should be aware of the many work from home tax benefits. Aside from potential home office deductions and other write-offs routinely claimed by the self-employed (see "Tax Reduction Strategies for the Self-Employed"), a huge benefit could depend on comparing the Municipal...Continue reading
Our specialty at Ken-Mar Tax is to provide our tax preparation clients with tax strategies that will legally reduce their tax obligations. As an IRS enrolled agent, Ken Weinberg keeps up-to-date about all the IRS tax codes in order to use them to your advantage. Tax Strategies for Getting Married, Divorced, Staying Single, Adding Your...Continue reading
As tax-reduction strategy specialists for the self-employed, at Ken-Mar Tax we specialize in working with local, Cleveland area, small business owners, contractors and solopreneurs. We know, at this time of year, your goal is to either eliminate, or at least reduce, the taxes you’ll owe – or better yet, get the IRS to owe you!...Continue reading
Millions of taxpayers are still waiting for refunds and/or struggling to understand IRS notices saying their refund amounts have been adjusted. And the IRS expects to receive another 4 million returns for tax year 2020 by the October 15th tax filing extension deadline. – Forbes October 10, 2021 Why are tax refunds so late? Why...
What is Form 1099-NEC? Starting with the 2020 tax year, the IRS requires businesses to use the new Form 1099-NEC to report nonemployee compensation – not Form 1099-MISC, which was previously used. Filing Taxes With a 1099-NEC If you are self-employed and receiving any type of 1099 forms, you should be using a tax preparation...
Do you have IRS back taxes from years passed? Were you already dreading the idea of doing your 2019 taxes because of your federal tax liability? Are you in an existing installment agreement with the IRS for unpaid taxes or have a pending Offers in Compromise (OIC)? The IRS announced a new series of relief...Continue reading
As our Ken-Mar Tax clients know, we pride ourselves on maximizing tax deductions for the self-employed – which is why so many of our customers are real estate agents, small business owners and W-2ed employees with “side-hustles” like ride-sharing with Uber or Lyft, selling hand-made crafts on etsy or re-selling on Facebook Marketplace, Poshmark or...Continue reading
Enrolled Agents of IRS Cleveland Given Details of 5-Year Plan Recently the enrolled agents of Ken-Mar Tax have been notified of the large-scale effort of the Internal Revenue Service (IRS) to increase their workforce and update their technology in order to help enforce the implementation of new tax laws. A recent article in the Government...Continue reading
Do you owe back taxes in Ohio? Now is the time to file all Ohio back taxes and receive major savings during the Ohio Tax Amnesty period of January 1, 2018 – February 15, 2018. Whether you’re self-employed, a small business or file an individual tax return, you may apply for Ohio tax amnesty which...
As Cleveland tax preparation specialists we spend most of our time after “tax season” (the time period between Jan 14th and April 15th of each year) focusing on new clients that come to us with IRS, Ohio and local back taxes, tax resolution issues that can include wage garnishments and tax penalties and helping sort...Continue reading
There are many conflicting opinions you’ll read on line and get from CPAs and tax preparation specialists about when to file a 1099 as a business and how to prepare your taxes as an individual receiving a 1099 Form. As an enrolled agent Ken Weinberg attends hours of continuing education regarding the tax code, is...Continue reading
Has time gotten away from you? Have you not filed your income taxes for 2016? Maybe you were too busy in January and February enjoying some of the most unseasonably warm weather for our Cleveland area. Or maybe you’re still waiting on some tax documents. Whatever the reason, the tax filing deadline this year is...Continue reading
Have you recently started driving for Uber, Lyft or another ride-share company to pick up some extra cash? Unless you’ve met with Ken Weinberg of Ken-Mar Tax, you’re probably missing out on even more money in tax deductions! Being a tax reduction strategist for the self-employed, Ken specializes in helping people like you who get...Continue reading
At Ken-Mar Tax we specialize in tax reduction strategies for the self-employed because after decades of studying the tax code, working with the IRS and preparing tax returns for self-employed individuals we realize there are still many business expenses that get forgotten when filing taxes. One thing we do to help our clients is equip...Continue reading
We obviously advocate being proactive rather than reactive but we also understand when life, schedules, apprehension and other issues become obstacles to your tax planning. What we don’t understand is the mentality that somehow your taxes will take care of themselves. They won’t. The taxes you owe won’t pay themselves and the tax refund you...Continue reading
Ken-Mar Tax is Proud to Announce Receipt of the 2015 Angie’s List Super Service Award Award reflects company’s consistently high level of customer service Ken-Mar Tax has earned the service industry’s coveted Angie’s List Super Service Award, reflecting an exemplary year of service provided to members of the local services marketplace and consumer review site in 2015....Continue reading