Tax Guys is a premier tax service located in Fresno, CA, offering fixed prices and no surprises for tax preparation, entity formation, and tax consultation. They are known for their expertise in navigating the IRS collection process and helping clients in the gig economy. With the official start date of the 2024 tax season announced by the IRS, Tax Guys is ready to accept and process 2023 tax returns, ensuring that taxpayers meet the filing deadline of April 15, 2024.
In response to feedback from taxpayers and to reduce confusion, Tax Guys highlights the IRS announcement of a delay in Form 1099-K reporting for 2023 payments. This delay aims to minimize taxpayer confusion caused by the distribution of Forms 1099-K to individuals who may not have a tax obligation. Tax Guys also provides information on the Corporate Transparency Act (CTA), a federal law aimed at enhancing transparency and preventing illicit activities. They explain the reporting requirements for beneficial owners and the penalties for non-compliance, while offering added security through free accounts with Verifyle.com to upload tax documents.
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