Generated by All in One SEO v4.9.10, this is an llms.txt file, used by LLMs to index the site.

# Franek Tax Services

Providing superior tax preparation services

## Sitemaps

- [XML Sitemap](https://franektaxservices.com/sitemap.xml): Contains all public & indexable URLs for this website.

## Posts

- [Taxes 2020 And Beyond](https://franektaxservices.com/taxes-2020-and-beyond/) - What do taxes and income look like in the year following Covid-19 and the pending election? How can you relax yet plan for a refund in the year ahead?
- [Franek Tax Services Launches new Website](https://franektaxservices.com/franek-tax-services-launches-new-website/) - Franek Tax Services is proud to showcase their new FreshySites - Website Design website. FreshySites - Website Design company is a web design and web development agency, WordPress website design company and WooCommerce web developer. FreshySites is focused on thoughtful and beautiful design, with fast turn-around and prices themselves on best-in-industry customer service with over 2,200 web
- [How Will COVID-19 Affect Your Taxes?](https://franektaxservices.com/covid-19-and-taxes/) - Here are some responses to commonly asked questions concerning COVID-19 and taxes.
- [NCDOR - Department of Revenue Provides  Special Penalty Relief](https://franektaxservices.com/ncdor-department-of-revenue-provides-special-penalty-relief-2/) - NCDOR - Department of Revenue Provides Special Penalty Relief Due to COVID-19
- [Filing Deadline Extended to July 15](https://franektaxservices.com/filing-deadline-extended-to-july-15-2/) - U.S. Treasury Secretary announces on Twitter
- [Have a Hobby You Make Money From?](https://franektaxservices.com/have-a-hobby-you-make-money-from-2/) - Taxpayers who make money from a hobby must report that income on their tax return.
- [Preparing for Tax Returns](https://franektaxservices.com/preparing-for-tax-returns-2/) - Gathering records before preparing tax return makes filing go smoother. As taxpayers are getting ready to file their taxes, one of the first things they’ll do is gather their records. To avoid refund delays, taxpayers should gather all year-end income documents before filing a 2019 tax return. It’s important for folks to have all the
- [Small Business Owners May Benefit From This](https://franektaxservices.com/small-business-owners-may-benefit-from-this/) - Small business owners should find out if they can benefit from claiming this deduction. The home office deduction can help small business owners save money on their taxes. Taxpayers can take this deduction when they file their taxes if they use a portion of their home exclusively, and on a regular basis, for any of the following:
- [Reasons for You to File a 2019 Tax Return](https://franektaxservices.com/reasons-for-you-to-file-a-2019-tax-return/) - While many people are required to file a tax return, it’s a good idea for everyone to determine if they should file. Some people with low income are not required to file but will need to do so if they can get a tax refund. Five Tips for Taxpayers Who are Deciding Whether to File
- [Earned Income Tax Credit](https://franektaxservices.com/earned-income-tax-credit/) - The earned income tax credit benefits working people with low-to-moderate income. Here are a few things people should know about this credit.
- [What to Know About the Amount of a Tax Refund](https://franektaxservices.com/what-to-know-about-the-amount-of-a-tax-refund/) - Certain transactions can affect tax withholdings and influence the taxpayer’s anticipated refund.
- [IRS Provides Tax Inflation Adjustments for 2020](https://franektaxservices.com/irs-provides-tax-inflation-adjustments-for-2020/) - The tax law change covered in the revenue procedure was added by the Taxpayer First Act of 2019, which increased the failure to file penalty to $330 for returns due after the end of 2019. The new penalty will be adjusted for inflation beginning with tax year 2021. The tax year 2020 adjustments generally are used on tax returns filed in 2021.
- [New Version Out of SSN Scam](https://franektaxservices.com/new-version-ssn-scam/) - Be on the lookout for new variations of tax-related scams. The latest is with SSN!
- [Still Time To Contribute to Your IRA](https://franektaxservices.com/contribute-to-your-ira/) - Whether you are a veteran in your career or you are working an hourly job you still have time to contribute to your Traditional IRA if you were under 70 years and 6 months old by the end of 2019 and receive taxable compensation. IRA or individual retirement accounts are alternative to employer-related accounts. If
- [Tax Tips to Help New Business Owners Find Success](https://franektaxservices.com/tax-tips-to-help-new-business-owners-find-success/) - If you are starting business, there are so many things to consider, and taxes are one of the major ones.
- [Am I Taking Too Many Exemptions](https://franektaxservices.com/too-many-exemptions/) - Be knowledgeable about the tax deductions you are taking. The wrong ones can get you into trouble.
- [It’s Important Taxpayers Know Their Filing Status](https://franektaxservices.com/important-taxpayers-know-filing-status/) - When a taxpayer files their tax return, they need to know their filing status. What folks should remember is that a taxpayer’s status could change during the year. So, any time is a good time for a taxpayer to learn about the different filing statuses and which one is best for them. Knowing the correct filing
- [Education Credits to Help](https://franektaxservices.com/education-credits-to-help/) - Two Education Credits Help Taxpayers with College Costs With school back in session, parents and students should look into tax credits that can help with the cost of higher education. They do this by reducing the amount of tax someone owes on their tax return. If the credit reduces tax to less than zero, the
- [Tax Credit for Other Dependents](https://franektaxservices.com/other-dependents/) - Taxpayers with dependents may qualify to claim a few different tax credits. One of these is the child tax credit. The child tax credit benefits people whose dependent meets a series of tests. If the dependent doesn’t meet those qualifications, the taxpayer may be able to claim the credit for other dependents. Here’s some info about
- [New 100% Depreciation](https://franektaxservices.com/new-100-depreciation/) - The 100% additional first-year depreciation deduction generally applies to depreciable business assets with a recovery period of 20 years or less and certain other property. Machinery, equipment, computers, appliances, and furniture generally qualify.
- [Include Your Home Office as a Tax Deduction](https://franektaxservices.com/home-office-tax-deduction/) - Taxpayers/business owners who use their home for business may be eligible to claim a home office deduction. It allows qualifying taxpayers to deduct certain home expenses on their tax return. This can reduce the amount of the taxpayer’s taxable income. Below are some things to help taxpayers understand the home office deduction and whether they can claim it.
- [Know Your Tax Exemptions & Deductions](https://franektaxservices.com/know-your-tax-exemptions-deductions/) - If you are worried about having too many exemptions at the last minute, you are better off overpaying money to the IRS.
- [Estimated Taxes - What You Need to Know](https://franektaxservices.com/estimated-taxes-what-you-need-to-know/) - For small business owners and self-employed people, that usually means making quarterly estimated tax payments.
- [Tax Benefits of Summer](https://franektaxservices.com/tax-benefits-of-summer/) - Taxpayers who itemize their deductions may be doing things this summer that will affect the tax returns they file next year. The higher standard deduction means fewer taxpayers are itemizing their deductions.
- [Car Expenses - Claim Them - Yes or No](https://franektaxservices.com/car-expenses-claim-them-yes-or-no/) - Please re-verify if you are still eligible to continue to claim the business use of your car even though you may have on past tax returns. Some taxpayers can. Some cannot. Here’s a breakdown of which taxpayers can claim this deduction when they file their tax returns. Business owners and self-employed individuals Individuals who own
- [Tips for Teens with Jobs](https://franektaxservices.com/tips-for-teens-with-jobs/) - With summer here, many students will turn their attention to making money from a summer job. Whether it’s flipping burgers or filing documents, the IRS wants student workers to know some facts about their summer jobs and taxes. New Employees Employees – including those who are students – normally have taxes withheld from their paychecks
- [Paycheck Checkup](https://franektaxservices.com/paycheck-checkup/) - It's the middle of the year. Have you done a "Paycheck Checkup" yet? It is always a good idea for taxpayers who work multiple jobs or who may be adding summer employment to complete a Paycheck Checkup. Why? Doing this will help you check if you are having the right amount of tax withheld from
- [Tax Deductions for Educators](https://franektaxservices.com/tax-deductions-for-educators/) - Educators may be able to deduct unreimbursed expenses on their tax return. This deduction can put money right back in the pockets of eligible teachers and other educators. Here are some things to know about this deduction. Educators can deduct up to $250 of trade or business expenses that were not reimbursed. As teachers prepare
- [IRS Reminder: June 17 is Next Deadline](https://franektaxservices.com/irs-reminder-june-17-deadline/) - Joe Franek Tax Services here in Cary NC can help taxpayers figure their quarterly payments simply and accurately.
- [Estimated Taxes Payments - Who, When and Where](https://franektaxservices.com/estimated-taxes-payments-who-when-and-where/) - The Internal Revenue Service today reminded self-employed individuals, retirees, investors and others who pay their taxes quarterly that the first estimated tax payment for tax year 2019 is due Monday, April 15, 2019, for most taxpayers. A 2018 tax return and 2019 Form 1040-ES, Estimated Tax for Individuals, can help these taxpayers estimate their first
- [Your Healthcare and Taxes](https://franektaxservices.com/your-healthcare-and-taxes/) - As we approach the tax season, we can forget to include healthcare information. If you were without insurance of any sort throughout the year, then you may owe a penalty. If you did not have any credits this year and made above the average household income your penalties might eat into your return or leave
- [Holiday Preparations and What to Consider](https://franektaxservices.com/holiday-preparations-and-what-to-consider/) - It’s already nearing the Holiday Season as we find ourselves moving through October. Thanksgiving, Chanukah, and Christmas are intended to be the most festive times of year, but for many they can strain finances and leave others emotionally exhausted. Instead of getting discouraged or becoming high strung take a moment to reflect and read this
- [Beware of Fraudulent Charities](https://franektaxservices.com/beware-of-fraudulent-charities/) - Generosity takes its form in different ways, it could be donating some of your valued time by volunteering for a good cause or maybe donating some money to the less fortunate. While there is totally nothing wrong in donating money to a worthy course, you should be wary of the way you spend your money
- [Top Five Things You Need to Know About the New Federal Tax Law](https://franektaxservices.com/top-five-things-you-need-to-know-about-the-new-federal-tax-law/) - New Federal Tax Law Highlights Late last year, Congress managed to push through a federal tax bill that would overhaul the whole system. President Donald Trump signed the bill into law on 22nd, December 2017. This was an incredibly significant event in the history of our country, seeing as it was the first major tax overhaul for over 3
- [Don't Fall Victim To Tax Scams](https://franektaxservices.com/dont-fall-victim-tax-scams/) - Taxes are likely to be exposed to scammers just like any other thing else could. A lot of taxpayers have been victimized by these tax scammers. They normally use tactical skills to bait you. They can decide to give you a huge offer on your tax in form of tax relief or refund, or just
- [The American Opportunity Tax Credit (AOTC)](https://franektaxservices.com/american-opportunity-tax-credit/) - What to know when filing taxes College is coming up, and qualified students should prepare for joining and registering in the various colleges. Some may have qualified, but they do not have the means for enrollment. Not to worry, the American Opportunity Tax Credit (AOTC) gives you the aid. This credit is only for education
- [All You Need to Know About Tax Extensions](https://franektaxservices.com/need-know-tax-extensions/) - The tax day is approaching, and everyone gets busy to file their tax return by the deadline, which is April 15. Some people might need more time for preparing their return, because of personal obligations or many other reasons, so they need to apply for a tax extension. To get an extension of six months,
- [A Checklist of What You'll Need To File Your Taxes](https://franektaxservices.com/checklist-youll-need-file-taxes/) - There's a saying that in life, there are only 2 permanent things- death and taxes. But truth be told, filing your yearly tax doesn't have to be a life or death situation. You can cut back on considerable time and headaches just by having the right kind of materials within easy reach. The best time
- [Check Your Tax Withholding this Summer](https://franektaxservices.com/check-tax-withholding-summer/) - Because you do not wish to end up paying the IRS extra money at tax time, figuring out the amount to withhold in your W-4 worksheet is important and can be complicated. You also do not want to receive a substantial tax refund if you are wise, because you are letting the government borrow your
- [Child Care And Tax Writeoffs](https://franektaxservices.com/child-care-tax-writeoffs/) - The IRS requires anyone accepting money from parents for childcare to file childcare tax returns as a business operator or self-employed operator. If you are operating a home daycare business, the federal tax code allows you a number of deductible expenses. Knowing what and how to record and use these expenses gives you enough time
- [Five Things Your Tax Pro Wants You to Know](https://franektaxservices.com/five-things-your-tax-pro-wants-you-to-know/) - 1. Know what you are doing Getting the basics down allows for you to understand how to set things up to make it easier for your tax professional. The internet provides a wealth of information in articles, videos, etc. Get a basic understanding of how the tax system works, as well as key details on
- [IRS Simplifies Penalty Relief](https://franektaxservices.com/irs-simplifies-penalty-relief/) - IRS Introduces Automatic Process for Eligible Taxpayers The IRS announced a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time, reducing the need for them to request assistance. The new Automatic Exemption from Penalty will replace the long-standing First Time Abate administrative relief and is designed Starting this summer, the Automatic Exemption from Tax Penalty (AEP) program will provide automatic administrative relief for eligible taxpayers.
- [IRS and Security Summit Partners Announce New Framework](https://franektaxservices.com/irs-and-security-summit-partners-announce-new-framework/) - Better Protect Taxpayers The IRS and Security Summit partners announced a restructuring of the public-private partnership designed to strengthen protections and enhance information sharing across the tax system. The change supports ongoing efforts to safeguard taxpayers from identity theft and related fraud. What is The Security Summit The Security Summit is a unique public-private partnership As IRS security tightens, hackers are stealing raw tax and financial data to file realistic fake returns. Discover how to secure your business today.
- [IRS Resources for Small Businesses](https://franektaxservices.com/irs-recognizes-resources-for-small-businesses/) - Helpful Resources The IRS announced a series of resources to support small businesses during National Small Business Week. For over 60 years, the U.S. Small Business Administration has recognized National Small Business Week to honor the critical role small businesses play in the nation’s economy. The IRS joins the effort by highlighting tools, guidance, and educational Discover essential tax tools, expert guidance, & educational resources for small businesses designed to help them thrive & stay compliant.
- [IRS List of Occupations Customarily Receiving Tips](https://franektaxservices.com/irs-list-occupations-customarily-receiving-tips/) - Treasury, IRS Issues Final Regulations The Department of the Treasury and the IRS issued final regulations on the “No Tax on Tips” provision. The One, Big, Beautiful Bill final regulations provide the list of occupations that receive tips and define “qualified tips” that eligible taxpayers may claim as a deduction. Treasury and the IRS received over IRS issues final "No Tax on Tips" rules! Find out which occupations qualify and how to claim your new deduction under the "One, Big, Beautiful Bill.
- [The One Big Beautiful Bill: What Small Business Owners Need to Know](https://franektaxservices.com/the-one-big-beautiful-bill-what-small-business-owners-need-to-know/) - The One Big Beautiful Bill: What Small Business Owners Need to Know. Stay in the know about this new aid for small business owners . Don't miss out.
- [IRS $1.2 Billion in Refunds for Tax Year 2022](https://franektaxservices.com/irs-1-2-billion-refunds-for-tax-year-2022/) - Time is Running Out to Claim Refunds From 2022 - April 15th is the Deadline The IRS announced that over 1.3 million people across the nation have unclaimed refunds for tax year 2022 and face an April 15 deadline to submit their tax returns. The IRS estimates that approximately $1.2 billion in refunds remain unclaimed Over $1.2 billion in 2022 federal tax refunds remains unclaimed, with a median of $686. The deadline to file and claim these funds is April 15.
- [Create an IRS Individual Online Account](https://franektaxservices.com/create-an-irs-individual-online-account/) - The IRS encourages all taxpayers to create an IRS Individual Online Account to access their tax account information securely online and to help protect against identity theft and fraud. The IRS Individual Online Account is available to anyone who can verify their identity. Tax professionals can support this effort by encouraging clients to use an IRS The IRS Individual Online Accounts are open to anyone who verifies their identity. It helps prevent tax-related fraud.
- [Stay in the Know About Likely Tax Increase Following 2025](https://franektaxservices.com/2017-tax-cuts-expiring/) - Learn what you need to know about the potential cuts of the 2017 Tax Cuts expiring. Will it be renewed or is this uncertain?
- [Never Too Early to Get Ready for the 2026 Tax Season](https://franektaxservices.com/never-too-early-to-get-ready-for-the-2026-tax-season/) - Get Ready Now for Tax Season The IRS encourages taxpayers to take steps now to prepare for the upcoming filing season by visiting IRS.gov/GetReady for tips on what is new and what to consider before filing. This is the first in a series of special IRS "Get Ready" reminders to help taxpayers prepare in early Prepare for the upcoming tax season! The IRS recommends organizing your paperwork and visiting the IRS.gov/GetReady website.
- [Treasury, IRS Issue Guidance on the Additional First Year Depreciation Deduction](https://franektaxservices.com/treasury-irs-issue-guidance-on-the-additional-first-year-depreciation-deduction/) - Amendment as Part of the One, Big, Beautiful Bill Additional First Year Depreciation Deduction The TREAS and the IRS today issued Notice 2026-11 PDF that provides taxpayers with guidance on the permanent 100% additional first year depreciation deduction for eligible depreciable property acquired after Jan. 19, 2025, provided by the One, Big, Beautiful Bill. The notice also The TREAS and the IRS provided guidance on the permanent 100% additional first-year depreciation deduction for eligible property.
- [IRS Provides Penalty Relief for Tax Year 2025 For Information Reporting - Tips and Overtime](https://franektaxservices.com/irs-provides-penalty-relief-for-tax-year-2025-for-information-reporting-tips-and-overtime/) - The article on the IRS's website can be a bit confusing in regards to the DoT and the IRS issued guidance providing penalty relief to employers and other payors for tax year 2025 regarding new information reporting requirements for cash tips and qualified overtime compensation under the One, Big, Beautiful Bill. Below, I have used Treasury and the IRS provide transition penalty relief for tax year 2025 under the One, Big, Beautiful Bill. But core returns must be complete and correct.
- [IRS Starts Post Appeals Mediation Pilot Program](https://franektaxservices.com/irs-starts-post-appeals-mediation-pilot-program/) - Via The Independent Office of Appeals The IRS Independent Office of Appeals is launching a two-year pilot program to make Post Appeals Mediation (PAM) more attractive to taxpayers. “Appeals is committed to offering Alternative Dispute Resolution programs as a cost-effective option for resolving cases, improving the taxpayer’s experience, and making the best use of IRS The IRS Independent Office of Appeals is initiating a two-year pilot program to enhance the appeal of Post Appeals Mediation (PAM) for taxpayers.
- [False Tax Credit Claims Tied to Social Media](https://franektaxservices.com/false-tax-credit-claims-tied-to-social-media/) - IRA Assesses $162 Million in Penalties The IRS is warning taxpayers about an increasing wave of scam tax schemes spreading across social media, which encourage the improper use of credits like the Fuel Tax Credit and the Sick and Family Leave Credit. These frauds have prompted thousands of people to submit incorrect or baseless tax returns, The IRS is warning taxpayers about a wave of scam tax credit claims spreading on social media.
- [Accounting Software for Small Business Owners](https://franektaxservices.com/accounting-software-small-business-owners/) - Small Businesses need accounting software! Here are the basics on Intuit QuickBooks, Xero, and Excel for small businesses.
- [New Tax Deductions that Could Impact Your Small Business in 2025](https://franektaxservices.com/new-tax-deductions-that-could-impact-your-small-business-in-2025/) - Preparing taxes in 2024? Don't short change yourself on your tax bill or return. Here are the new tax deductions that could impact your small business in 2025.
- [Tax Pros Must Have a Written Information Security Plan to Protect Client Data](https://franektaxservices.com/tax-pros-must-have-a-written-information-security-plan-to-protect-client-data/) - IRS Security Summit Reminder The article, published by the IRS, highlights the importance of tax professionals maintaining a Written Information Security Plan (WISP) to safeguard client data from identity theft and breaches. This is part of the "Protect Your Clients; Protect Yourself" campaign, a collaborative effort with the Security Summit partners. Key Reminders for Tax The IRS emphasizes the critical role of tax professionals in upholding a Written Information Security Plan (WISP) to defend client information against identity theft and data breaches.
- [Protect Your Clients; Protect Yourself From Scams](https://franektaxservices.com/protect-your-clients-protect-yourself/) - The IRS and Security Summit partners have launched the 2025 summer Protect Your Clients; Protect Yourself campaign to help tax professionals combat tax-related identity theft. Now in its tenth year, the campaign, part of the broader Security Summit initiative involving the IRS, state tax agencies, and the tax community, aims to raise awareness about data New scams are continuing to emerge. The IRS & the Security Summit partners announced the start of the special summer Protect Your Clients; Protect Yourself campaign.
- [Did You Miss The IRS Tax Filing Deadline?](https://franektaxservices.com/did-you-miss-the-irs-tax-filing-deadline/) - The IRS offers resources for taxpayers who missed the April 2025 federal income tax filing deadline and owe taxes, interest, and penalties. If you've missed the IRS tax filing deadline, it's important to act promptly to minimize any potential penalties and interest. The first step is to file your tax return as soon as possible The IRS offers resources for taxpayers who missed the April 2025 tax filing deadline and owe taxes, interest, and penalties. File your return asap.
- [IRS Announces Stable Interest Rates for Third Quarter of 2025](https://franektaxservices.com/irs-announces-stable-interest-rates-for-third-quarter-of-2025/) - Washington — The Internal Revenue Service announced that interest rates for tax overpayments and underpayments will remain unchanged for the calendar quarter beginning July 1, 2025. For individual taxpayers, both the rate for overpayments (receiving a refund from the IRS) and underpayments (taxes owed to the IRS) will be 7% per year, compounded daily. A
- [Protect Important Records](https://franektaxservices.com/protect-important-records/) - You Never Know When A Disaster Might Occur Disaster preparation season kicks off soon with National Wildfire Awareness Month in May and National Hurricane Preparedness Week, May 4-10. Be Prepared The IRS emphasizes the importance of preparation. With 12 major disaster declarations in 2025 already issued by FEMA, the IRS urges taxpayers to protect their Disaster preparedness season begins with National Wildfire Awareness Month in May and National Hurricane Preparedness Week, May 4-10.
- [Over 1.1 Million Americans Risk Losing $1 Billion in Unclaimed 2021 Tax Refunds](https://franektaxservices.com/over-1-1-million-americans-risk-losing-1-billion/) - Unclaimed 2021 Tax Refunds April 15 Deadline Looms For 2021 Tax Refunds The Internal Revenue Service (IRS) has announced that over 1.1 million individuals nationwide are eligible for unclaimed tax refunds from the 2021 tax year, totaling more than $1 billion. Taxpayers must file their 2021 tax returns by April 15th to claim these funds. The IRS announced that over 1.1 million individuals are eligible for unclaimed tax refunds from the 2021 tax year.
- [Tax Season Is Under Way](https://franektaxservices.com/tax-season-is-under-way/) - With Tax Season Under Way - Use IRS Online Tools for Faster Help The IRS has announced that the 2025 tax filing season is underway and anticipates high call volumes around Presidents Day weekend. To avoid long hold times, taxpayers are encouraged to utilize the online resources available at IRS.gov for immediate assistance here irs.gov According to Treasury’s Bureau of the Fiscal Service, during tax season paper refund checks are 16 times more likely to have an issue.
- [IRS Announces Jan. 27 As Start to Tax Season](https://franektaxservices.com/irs-announces-jan-27-as-start-to-tax-season/) - Tax Season As of January 10th the IRS' Free File Program is open. Direct File available starting Jan. 27 for taxpayers in 25 states. The Internal Revenue Service announced that the nation’s 2025 tax season will start on Monday, Jan. 27, 2025, and will feature expanded and enhanced tools to help taxpayers as a result The IRS announced that the 2025 tax season will begin on Jan. 27th. Taxpayers can expect improved tools & services thanks to ongoing modernization initiatives.
- [IRS Recovers Billions in Tax](https://franektaxservices.com/irs-recovers-billions-in-tax/) - $4.7 Billion Recovered for U.S. Taxpayers, Help From Whistleblowers The IRS provided the regular quarterly update to the Strategic Operating Plan, outlining key milestones in criminal investigations, improvements to taxpayer services and advancements in digital modernization that have transformed agency operations while protecting billions of taxpayer dollars. The IRS has now recovered $4.7 billion from The IRS has recouped $4.7 billion through new initiatives, including $1.3 billion from wealthy tax evaders, $2.9 billion from criminal investigations, and $475 million from whistleblowers.
- [IRS Help Available to Victims of Hurricanes Helene and Milton](https://franektaxservices.com/irs-help-available-to-victims-of-hurricanes-helene-and-milton/) - May 1 Deadline Now Applies to Individuals and Businesses WASHINGTON — In the wake of the devastating hurricanes that have ravaged Florida and the Southeast in recent weeks, the Internal Revenue Service reassured victims that it stands ready to provide the tax-related assistance they need to recover from these storms. IRS.gov has a variety of
- [Am I Next? IRS Hauls in Millions From Rich Americans](https://franektaxservices.com/am-i-nextirs-hauls-in-millions-from-rich-americans/) - Am I Next? IRS hauls in millions from Rich Americans alerting us to our own tax practices. As the Season ends, fear not small business owners. There's more!
- [Your Technical Guide to Side Hustles and Taxes](https://franektaxservices.com/side-hustles-and-tax-time/) - Side Hustles and Tax Time: Here is how to conquer your schedule C and 1099-K by keeping track of your income and expenses.
- [Tax Relief Now Available to Hurricane Debby Victims](https://franektaxservices.com/tax-relief-available-to-hurricane-debby-victims/) - The Internal Revenue Service announced tax relief for individuals and businesses in four states affected by Hurricane Debby. Affected taxpayers in South Carolina, North Carolina, Florida, and Georgia now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments. The IRS is offering relief to any area designated Taxpayers in SC, NC, Florida, and Georgia hit by Hurricane Debby have received tax relief from the IRS.
- [IRS Regulations Requiring Broker Reporting of Digital Assets](https://franektaxservices.com/irs-regulations-requiring-broker-reporting-of-digital-assets/) - The U.S. DOT and the IRS issued final regulations requiring custodial brokers to report sales and exchanges of digital assets, including cryptocurrency. These reporting requirements will help taxpayers file accurate tax returns concerning digital asset transactions, which are already subject to tax under current law. These final regulations reflect consideration of more than 44,000 public The U.S. DO) and the IRS have joined forces to implement new reporting requirements for buying and selling digital assets like cryptocurrency.
- [Scams Targeting Seniors](https://franektaxservices.com/scams-targeting-seniors/) - IRS Warns Against Scams Targeting Seniors As part of continuing efforts to protect the senior community, the IRS issued a warning about the rising threat of impersonation scams. These scams target older adults by pretending to be government officials and aiming to steal sensitive personal information and money. By posing as representatives from agencies such The IRS cautioned the public today about a growing number of impersonation scams, with seniors being a particular target.
- [Interest Rates 3rd Quarter 2024](https://franektaxservices.com/interest-rates-3rd-quarter/) - The IRS announced that interest rates will remain the same for the calendar quarter beginning July 1, 2024. Here is a complete list of the new rates: 8% for overpayments (payments made in excess of the amount owed), 7% for corporations. 5.5% for the portion of a corporate overpayment exceeding $10,000. 8% for underpayments (taxes IRS interest rates: 8% for overpayments (payments made in excess of the amount owed), 7% for corporations; 5.5% for the portion of a corporate overpayment exceeding $10,000; 8% for underpayments (taxes owed but not fully paid); and 10% for large corporate underpayments.
- [Missed The Tax Deadline?](https://franektaxservices.com/missed-the-tax-deadline/) - File Quickly to Avoid Penalties and Interest The IRS encourages taxpayers who missed the April tax filing deadline to file a tax return as soon as they can. Don't let additional penalties and interest charges accrue even if you missed the tax filing deadline. File your return as soon as possible to avoid these charges. Missed the tax filing deadline? It's important to file your return as soon as possible to avoid additional charges .
- [2023 Tax Season Is Almost Here](https://franektaxservices.com/2023-tax-return-time-almost-here/) - Don't Wait! Get ready now to file 2023 federal income tax return in early 2024 With the nation's tax season rapidly approaching, the Internal Revenue Service reminds taxpayers there are important steps they can take now to help "get ready" to file their 2023 federal tax return. This is the first in a series of Organizing tax records makes it easier to prepare a complete and accurate tax return. It helps avoid errors.
- [September 15 Third Quarter Estimated Tax Deadline](https://franektaxservices.com/september-15-third-quarter-estimated-tax-deadline/) - Taxpayers who pay estimated tax are reminded that the deadline to submit their third quarter payment is September 15, 2023. Taxpayers not subject to withholding may need to make quarterly estimated tax payments. Taxpayers such as gig workers, sole proprietors, retirees, partners, and S corporation shareholders generally must make estimated tax payments if they expect to have Taxpayers such as gig workers, sole proprietors, retirees, partners, & S corporation generally must make estimated tax payments.
- [Direct File Officially Opens In 12 States](https://franektaxservices.com/direct-file-officially-opens-in-12-states/) - 12 Pilot States With Positive Reviews The IRS announced the full-scale launch of the innovative Direct File pilot and encouraged eligible taxpayers in 12 states to try the new service to file their tax returns online for free directly with the IRS. The pilot effort has been in testing mode for several weeks, allowing early users
- [IRS Phones Peak Times](https://franektaxservices.com/irs-phone-peak-times/) - First Try IRS Online Tools and Resources for Help With the 2024 filing season in full swing, the Internal Revenue Service encourages taxpayers to visit IRS.gov and use online tools to get answers quickly and avoid phone delays during the anticipated peak demand for IRS phone lines around the Presidents Day holiday. New this year, Presidents Day weekend, when many people prepare their taxes, historically marks a peak period for IRS phone lines.
- [Don't Be A Victim of Identity Theft](https://franektaxservices.com/identity-theft/) - | As tax season comes to a close, don't relax on your precautions regarding identity theft. This happens any time of year.
- [Hidden Holiday Deductions for Business Owners](https://franektaxservices.com/hidden-holiday-deductions/) - End-of-year expenses for business owners may qualify for a write-off. Look for these hidden holiday deductions for business owners.
- [Student Tax Credit](https://franektaxservices.com/student-tax-credit/) - Can You Use A Student Tax Credit? As the school year approaches, college students wonder if they need to report scholarships or tuition on their tax returns. Undergraduate students are at a lower risk of owing money to the IRS. Everyone attending a college, technical college, or university should gather certain records to obtain tax Attending a college, tech college, or university? Gather your records to obtain tax credits.
- [Tips on What to Do If You Are Notified of An IRS Audit](https://franektaxservices.com/tips-on-what-to-do-if-you-receive-an-irs-audit/) - You just received noticeof an IRS audit. Don't Panic! Here are tips on what to do if you receive a small business audit. We have you covered at Franek Tax.
- [Common Ways to Settle your Tax Debt with the IRS](https://franektaxservices.com/common-ways-to-settle-your-tax-debt/) - There are several ways of paying off your tax debt if you can't pay it outright. Learn more about those ways here in my blog.
- [Ways to Avoid Panic During Tax Season](https://franektaxservices.com/ways-avoid-panic-tax-season/) - Save yourself headaches & stress by planning for success during tax season. Find a tax representative specializing in your field of work.
- [IRS Issues Standard Mileage Rates for 2024](https://franektaxservices.com/irs-issues-standard-mileage-rates-for-2024/) - #post_excerptThe IRS issued the standard mileage rates for 2024; the mileage rate increases to 67 cents a mile, up 1.5 cents from 2023.
- [IRS Updates Tax Gap Projections](https://franektaxservices.com/irs-updates-tax-gap-projections/) - Projected Annual Gap Rises to $688 Billion The IRS released new tax gap projections for tax years 2020 and 2021 showing the projected gross tax gap increased to $688 billion in tax year 2021, a significant jump from previous estimates. The new estimate reflects a rise of more than $192 billion from the prior estimates This marks the first year tax gap projections have been provided for single tax years & the beginning of tax gap updates annually.
- [Taxpayers Can Go Paperless For IRS Correspondence](https://franektaxservices.com/taxpayers-can-go-paperless-for-irs-correspondence/) - IRS to achieve paperless processing for all tax returns by filing season 2025 IRS paperless processing initiative will eliminate up to 200 million pieces of paper annually, cut processing times in half, and expedite refunds by several weeks Paper-based processes have long hampered the IRS and frustrated taxpayers. The challenges created by paper are two-fold: Taxpayers will have the option to go paperless for IRS correspondence by 2024 filing season & the IRS to achieve paperless processing for all tax returns by filing season 2025.
- [IRS Offers Tips on Disaster Preparedness](https://franektaxservices.com/irs-offers-tips-disaster-preparedness/) - Tips On Preparedness and How To Protect Personal Information In regards to National Hurricane Preparedness and National Wildfire Awareness month, the IRS is reminding taxpayers to protect important tax and financial information as part of a complete emergency disaster preparedness plan. So far in 2023, FEMA has declared disasters for mudslides, landslides, severe storms, tornadoes, These tips will help taxpayers protect personal financial and tax information with a complete disaster preparedness plan.
- [Warning Taxpayers of A New Tax Scam](https://franektaxservices.com/warning-taxpayers-of-a-new-tax-scam/) - Tax Scam Misleading People The Internal Revenue Service warned taxpayers to be on the lookout for a new tax scam mailing that tries to mislead people into believing they are owed a refund. The new scheme involves a mailing coming in a cardboard envelope from a delivery service. The enclosed letter includes the IRS masthead This tax scam mailing tries to mislead people into believing they are owed a refund. It involves a mailing coming in a cardboard envelope from a delivery service.
- [Small Business Tax Prep](https://franektaxservices.com/small-business-tax-prep/) - Small business tax prep is different than other forms of tax preparation. Ensure you have all the needed materials ready for your accountant.
- [Claim $1.5 Billion In IRS Refunds](https://franektaxservices.com/claim-1-5-billion-in-irs-refunds/) - Time's Running Out - July 17th Deadline The Internal Revenue Service announced that nearly 1.5 million people across the nation have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return. The IRS estimates almost $1.5 billion in refunds remain unclaimed because people haven't filed their 2019 tax Nearly 1.5 million people across the nation have unclaimed refunds for the tax year 2019 but face a July 17 deadline to submit their tax return.
- [Taxpayers Can Avoid IRS Penalties](https://franektaxservices.com/taxpayers-can-avoid-irs-penalties/) - Using electronic payment and agreement options for taxpayers who owe can help avoid penalties and interest With the tax deadline approaching, the IRS reminded taxpayers they can avoid late filing and interest penalties by submitting their tax return and any payments due by April 18. For struggling taxpayers who can't pay by the deadline, the The IRS provides multiple ways to file for an extension, & get information to help file their tax return & payment options if they have trouble paying by the April 18 deadline.
- [Interest Rates Remain The Same For Q2](https://franektaxservices.com/interest-rates-remain-the-same-for-q2/) - The IRS announced that interest rates will remain the same for the calendar quarter beginning April 1, 2023. For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily. Here is a complete list of the new rates: 7% for overpayments (payments made in excess of the amount owed), 6% for
- [January 23, 2023 Is The Opening Date For Tax Season](https://franektaxservices.com/january-23-tax-season-starts/) - The IRS announced that January 23, 2023, will be the beginning of the nation's 2023 tax season when the agency will begin accepting and processing 2022 tax year returns. More than 168 million individual tax returns are expected to be filed, with the vast majority of those coming before the April 18 tax deadline. People have January 23, 2023, is the beginning of the nation's 2023 tax season when the IRS will begin accepting and processing 2022 tax year returns.
- [IRS Dirty Dozen Is Back](https://franektaxservices.com/irs-dirty-dozen-is-back/) - Scammers use every trick in their communication arsenal to steal your identity, personal financial information, money, and more. Suspicious communications in all its forms designed to either trick, surprise or scare someone into responding before thinking is No. 7 on the 2022 "Dirty Dozen" scams warning list, the Internal Revenue Service announced, warning everyone to No. 7 on the 2022 "Dirty Dozen" scams warning list is text message scams. The IRS does not use text messages.
- [IRS Has A Five Year Strategic Plan](https://franektaxservices.com/irs-strategic-plan/) - If you ever have to remind the Irs of their five-year strategic plan, here is what that is. The new five-year Strategic Plan outlines its goals to improve taxpayer service and tax administration. The IRS Strategic Plan FY2022-2026 will serve as a roadmap to help guide the agency's programs and operations. The plan will also help meet The Strategic Plan, developed with input from external partners as well as IRS employees, focuses on four goals that will help improve customer service.
- [Tax Extension Filers, Don't Miss These Tax Credits](https://franektaxservices.com/tax-extension-filers/) - The IRS reminds taxpayers who've yet to file their 2021 federal income tax return and are on a tax extension, to make sure they take advantage of the deductions and credits for which they're entitled and to file electronically as soon as possible. "Each year, eligible taxpayers overlook money-saving deductions and credits that can help them For those who have filed a tax extension, make sure you take advantage of the deductions and credits to which you areentitled.
- [Disaster Relief For Ian Victims In Carolinas](https://franektaxservices.com/disaster-relief-for-ian-victims-in-carolinas/) - October 17 Tax Deadline Hurricane Ian victims throughout both North Carolina and South Carolina now have until February 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today. This is similar to the release announced last week for Ian victims in Florida. Disaster Relief Ian Disaster Relief
- [Interest Rates Increase First Quarter of 2023](https://franektaxservices.com/interest-rates-increase/) - The Internal Revenue Service announced that interest rates will increase for the calendar quarter beginning January 1, 2023. For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily, up from 6% for the quarter that began on October 1. Here is a complete list of the new rates: 7% for The IRS announced that interest rates will increase for the calendar quarter beginning January 1, 2023.
- [401(k) Contribution Increases For 2023](https://franektaxservices.com/401k-contribution-increases-for-2023/) - The 401(k) limit increases to $22,500 for 2023, and the IRA limit rises to $6,500 The IRS announced that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. The IRS today also issued technical guidance regarding all of the cost‑of‑living adjustments affecting dollar limitations Contribution increases for a 401(k) go to $22,500 for 2023, & the IRA limit rises to $6,500.
- [$1.2 Billion In Tax Penalties Being Refunded](https://franektaxservices.com/1-2-billion-tax-penalties-refunded/) - TAX PENALTIES To help struggling taxpayers affected by the COVID-19 pandemic, the IRS issued Notice 2022-36, which provides penalty relief to most people and businesses who file certain 2019 or 2020 returns late. The IRS is also taking an additional step to help those who paid these tax penalties already. Nearly 1.6 million taxpayers will Relief is automatic; most of $1.2 billion in tax penalty refunds will be delivered to eligible taxpayers by this month.
- [Electronic Tax Refunds Taking Longer](https://franektaxservices.com/tax-refunds-taking-longer/) - Even though the Internal Revenue Service issues most refunds in less than 21 days for taxpayers who filed electronically and chose direct deposit, some refunds may take longer. Many different factors can affect the timing of a refund after the IRS receives a return. A manual review may be necessary when a return has errors, If you filed electronically and expected your tax refund in a week or so, you may be disappointed.
- [IRS Launches Resource Page](https://franektaxservices.com/irs-launches-resource-page/) - #post_excerptThe IRS announced a special new page its website to provide the latest details and information affecting the 2022 tax filing season
- [IRS Is Finally Advancing With Technology](https://franektaxservices.com/irs-advancing-with-technology/) - IRS Unveils Voice and Chatbots They have begun using voice and chatbots on two of its specialized toll-free telephone assistance lines and IRS.gov, enabling taxpayers with simple payment or collection notice questions to get what they need quickly and avoid waiting. Taxpayers can still speak with an IRS telephone representative if needed. "Our phone lines The IRS has finally come into the 21st century! They have started putting chatbots into use for taxpayers.
- [Lower Tax Penalty](https://franektaxservices.com/lower-tax-penalty/) - #post_excerptHave you been levied with a tax penalty? There are a few ways you can lower the burden caused by late or incomplete taxes.
- [Get Ready For 2022 Taxes](https://franektaxservices.com/get-ready-for-2022-taxes/) - #post_excerptIRS new regulations for 2022 taxes regarding Economic Impact Payments and claiming the Recovery Rebate Credit.
- [IRS Provides Guidance on Per Diem Rates](https://franektaxservices.com/irs-provides-deduction-guidance/) - The IRS issued notice to clarify how the temporary 100% biz deduction for food or beverages from restaurants applies to taxpayers properly applying the rules.
- [IRS Announces 401K Limit Increase](https://franektaxservices.com/irs-announces-401k-limit-increase/) - The Internal Revenue Service announced that the amount individuals can contribute to their 401(k) plans in 2022has increased to $20,500, up from $19,500 for 2021 and 2020. The IRS also issued technical guidance regarding all of the cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2022 in Notice The amount individuals can contribute to their 401K in 2022 has increased to $20,500, up from $19,500 for 2021 & 2020.
- [Too Many Exemptions?](https://franektaxservices.com/too-many-exemptions-2/) - Too many tax exemptions may mean you owe money to the IRS. The last thing anyone wants is to find out that the IRS is billing them for a couple of grand or that they owe a penalty. It is better to overpay and receive a return than pay too little and have another bill
- [Relief For Work Opportunity Tax Credit](https://franektaxservices.com/relief-work-opportunity-tax-credit/) - #post_excerptThe IRS announced it is providing transition relief to certain employers claiming the Work Opportunity Tax Credit (WOTC).
- ["Dirty Dozen" Tax Scams](https://franektaxservices.com/dirty-dozen-tax-scams/) - #post_excerptThe IRS urges all taxpayers to be on guard, especially during the pandemic, for the "Dirty Dozen" list of 2021 scams.
- [Interest Rates Remaining The Same For Third Quarter](https://franektaxservices.com/interest-rates-remaining-the-same-for-third-quarter/) - #post_excerptUnder the IRS, the rate of interest is determined on a quarterly basis. The rates will remain the same for the calendar quarter beginning 7/1/2021.
- [IRS Free File](https://franektaxservices.com/irs-free-file/) - #post_excerptIRS Free File can help people who have no filing requirement find overlooked tax credits and get a refund.
- [Some Quick Reminders For Tax Season](https://franektaxservices.com/quick-reminders-tax-season/) - Tax season is here and sadly, taxes are an annual occurrence for most of us. With all of the changes to our current economy, it is easy to forget some minor details. There are some slight changes to tax policy since this year was the start of a new administration along with the end of
- [Tax Day Extended](https://franektaxservices.com/tax-day-extended/) - The Treasury Dept. & IRS announced on March 17, 2021 that the federal income tax day for filing for individuals for the 2020 tax year is extended. tax season
- [Additional Flexibility For Health FSAs](https://franektaxservices.com/additional-flexibility-for-health-fsas/) - August 12, 2026 The IRS provided flexibility for employers in the following areas related to health FSAs and dependent care assistance programs...

## Pages

- [Home](https://franektaxservices.com/) - [et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.16″ _module_preset=”default” custom_padding=”||||false|false” global_colors_info=”{}”][et_pb_fullwidth_slider module_class=”bannerWrap” _builder_version=”4.16″ _module_preset=”default” custom_button=”on” button_text_size=”22px” button_use_icon=”off” button_custom_padding=”0px|0px|0px|0px|true|true” text_orientation=”left” content_max_width=”820px” content_max_width_tablet=”84vw” content_max_width_phone=”” content_max_width_last_edited=”on|tablet” custom_padding=”10.3vw|0px|10.3vw|0px|true|false” custom_padding_tablet=”15vw||15vw||true|false” custom_padding_phone=”” custom_padding_last_edited=”on|tablet” button_text_size_tablet=”16px” button_text_size_phone=”14px” button_text_size_last_edited=”on|tablet” global_colors_info=”{}” button_bg_color__hover_enabled=”off|hover” button_bg_color__hover=”#ffffcd” button_bg_enable_color__hover=”on” button_text_color__hover_enabled=”off|hover” button_text_color__hover=”#010366″][et_pb_slide button_text=”About us” button_text_2=”Services” button_link=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjE1NSJ9fQ==@” button_link_2=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjE1NyJ9fQ==@” admin_title=”Don’t panic, Call Joe Franek!” _builder_version=”4.16″ _dynamic_attributes=”button_link,button_link_2″ _module_preset=”default” header_level=”h3″ header_font=”||||||||” header_font_size=”50px” use_background_color_gradient=”on” background_color_gradient_direction=”90deg” background_color_gradient_stops=”rgba(0,0,0,0.5) 0%|rgba(0,0,0,0) 45%” background_color_gradient_overlays_image=”on” background_color_gradient_start=”rgba(0,0,0,0.5)”
- [Resources](https://franektaxservices.com/resources/) - [et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.5.1″ _module_preset=”default” saved_tabs=”all”][et_pb_fullwidth_header title=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IiIsImFmdGVyIjoiIn19@” admin_label=”Inner Page Banner” _builder_version=”4.5.1″ _dynamic_attributes=”title” _module_preset=”default” title_font=”|800||on|||||” title_text_align=”center” title_font_size=”68px” title_line_height=”2em” background_color=”#707070″ background_image=”https://franektaxservices.com/wp-content/uploads/resourcesBanner.jpg” background_blend=”overlay” height=”425px” height_tablet=”” height_phone=”400px” height_last_edited=”on|phone” max_height=”425px” max_height_tablet=”” max_height_phone=”400px” max_height_last_edited=”on|phone” custom_padding=”140px||||false|false” title_font_size_tablet=”55px” title_font_size_phone=”35px” title_font_size_last_edited=”on|phone” title_letter_spacing_tablet=”” title_letter_spacing_phone=”” title_letter_spacing_last_edited=”on|desktop” background_color_tablet=”rgba(112,112,112,0.92)” background_last_edited=”on|tablet” background_enable_color_tablet=”on” background_position_tablet=”center” background_blend_tablet=”overlay”][/et_pb_fullwidth_header][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.5.1″ _module_preset=”default” custom_padding=”50px||0px||false|false”][et_pb_row column_structure=”1_3,1_3,1_3″ _builder_version=”4.5.1″ _module_preset=”default”][et_pb_column type=”1_3″ _builder_version=”4.5.1″ _module_preset=”default”][et_pb_button button_url=”#tax-forms” button_text=”Tax Forms” button_alignment=”center” admin_label=”Tax
- [Appointments](https://franektaxservices.com/appointments/) - [et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.5.1″ _module_preset=”default” saved_tabs=”all”][et_pb_fullwidth_header title=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IiIsImFmdGVyIjoiIn19@” admin_label=”Inner Page Banner” _builder_version=”4.5.1″ _dynamic_attributes=”title” _module_preset=”default” title_font=”|800||on|||||” title_text_align=”center” title_font_size=”68px” title_line_height=”2em” background_color=”#707070″ background_image=”https://franektaxservices.com/wp-content/uploads/appointmentBanner.jpg” background_blend=”overlay” height=”425px” height_tablet=”” height_phone=”400px” height_last_edited=”on|phone” max_height=”425px” max_height_tablet=”” max_height_phone=”400px” max_height_last_edited=”on|phone” custom_padding=”140px||||false|false” hover_enabled=”0″ title_font_size_tablet=”55px” title_font_size_phone=”35px” title_font_size_last_edited=”on|phone” title_letter_spacing_tablet=”” title_letter_spacing_phone=”” title_letter_spacing_last_edited=”on|desktop” background_color_tablet=”rgba(112,112,112,0.92)” background_last_edited=”on|tablet” background_enable_color_tablet=”on” background_position_tablet=”center” background_blend_tablet=”overlay” title_text=”appointmentBanner”][/et_pb_fullwidth_header][/et_pb_section][et_pb_section fb_built=”1″ custom_padding_last_edited=”on|phone” _builder_version=”4.5.1″ _module_preset=”default” background_color=”#fbfbfb” custom_padding=”120px||120px||true|false” custom_padding_tablet=”50px||50px||true|false” custom_padding_phone=”30px||30px||true|false”][et_pb_row _builder_version=”4.5.1″ _module_preset=”default” width=”55%” width_tablet=”80%” width_phone=”80%”
- [Services](https://franektaxservices.com/services/) - [et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.5.1″ _module_preset=”default” saved_tabs=”all”][et_pb_fullwidth_header title=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IiIsImFmdGVyIjoiIn19@” admin_label=”Inner Page Banner” _builder_version=”4.5.1″ _dynamic_attributes=”title” _module_preset=”default” title_font=”|800||on|||||” title_text_align=”center” title_font_size=”68px” title_line_height=”2em” background_color=”#707070″ background_image=”https://franektaxservices.com/wp-content/uploads/ServicesBanner.jpg” background_blend=”overlay” height=”425px” height_tablet=”” height_phone=”400px” height_last_edited=”on|phone” max_height=”425px” max_height_tablet=”” max_height_phone=”400px” max_height_last_edited=”on|phone” custom_padding=”140px||||false|false” title_font_size_tablet=”55px” title_font_size_phone=”35px” title_font_size_last_edited=”on|phone” title_letter_spacing_tablet=”” title_letter_spacing_phone=”” title_letter_spacing_last_edited=”on|desktop” background_color_tablet=”rgba(112,112,112,0.92)” background_last_edited=”on|tablet” background_enable_color_tablet=”on” background_position_tablet=”center” background_blend_tablet=”overlay”][/et_pb_fullwidth_header][/et_pb_section][et_pb_section fb_built=”1″ custom_padding_last_edited=”on|phone” _builder_version=”4.5.1″ _module_preset=”default” custom_padding=”120px||120px||true|false” custom_padding_tablet=”50px||50px||true|false” custom_padding_phone=”30px||30px||true|false” locked=”off”][et_pb_row column_structure=”1_2,1_2″ make_equal=”on” module_class=”equalHeight columnReverse” _builder_version=”4.5.1″ _module_preset=”default” width=”91%”
- [About Us](https://franektaxservices.com/about-us/) - [et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.5.1″ _module_preset=”default” saved_tabs=”all”][et_pb_fullwidth_header title=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IiIsImFmdGVyIjoiIn19@” admin_label=”Inner Page Banner” _builder_version=”4.5.1″ _dynamic_attributes=”title” _module_preset=”default” title_font=”|800||on|||||” title_text_align=”center” title_font_size=”68px” title_line_height=”2em” background_color=”#707070″ background_image=”https://franektaxservices.com/wp-content/uploads/AdobeStock_325997922-1.jpg” background_blend=”overlay” height=”425px” height_tablet=”” height_phone=”400px” height_last_edited=”on|phone” max_height=”425px” max_height_tablet=”” max_height_phone=”400px” max_height_last_edited=”on|phone” custom_padding=”140px||||false|false” title_font_size_tablet=”55px” title_font_size_phone=”35px” title_font_size_last_edited=”on|phone” title_letter_spacing_tablet=”” title_letter_spacing_phone=”” title_letter_spacing_last_edited=”on|desktop” background_color_tablet=”rgba(112,112,112,0.92)” background_last_edited=”on|tablet” background_enable_color_tablet=”on” background_position_tablet=”center” background_blend_tablet=”overlay”][/et_pb_fullwidth_header][/et_pb_section][et_pb_section fb_built=”1″ custom_padding_last_edited=”on|phone” _builder_version=”4.5.1″ _module_preset=”default” custom_padding=”120px||120px||true|false” custom_padding_tablet=”50px||50px||true|false” custom_padding_phone=”30px||30px||true|false” locked=”off”][et_pb_row column_structure=”1_2,1_2″ make_equal=”on” module_class=”equalHeight columnReverse” _builder_version=”4.5.1″ _module_preset=”default” width=”91%”
- [Blog](https://franektaxservices.com/blog/) - [et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.5.1″ _module_preset=”default” saved_tabs=”all”][et_pb_fullwidth_header title=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IiIsImFmdGVyIjoiIn19@” admin_label=”Inner Page Banner” _builder_version=”4.5.1″ _dynamic_attributes=”title” _module_preset=”default” title_font=”|800||on|||||” title_text_align=”center” title_font_size=”68px” title_line_height=”2em” background_color=”#707070″ background_image=”https://franektaxservices.com/wp-content/uploads/american-dollar-bills-and-vintage-light-box-with-inscription-4386369.jpg” background_blend=”overlay” height=”425px” height_tablet=”” height_phone=”400px” height_last_edited=”on|phone” max_height=”425px” max_height_tablet=”” max_height_phone=”400px” max_height_last_edited=”on|phone” custom_padding=”140px||||false|false” hover_enabled=”0″ title_font_size_tablet=”55px” title_font_size_phone=”35px” title_font_size_last_edited=”on|phone” title_letter_spacing_tablet=”” title_letter_spacing_phone=”” title_letter_spacing_last_edited=”on|desktop” background_color_tablet=”rgba(112,112,112,0.92)” background_last_edited=”on|tablet” background_enable_color_tablet=”on” background_position_tablet=”center” background_blend_tablet=”overlay” title_text=”american-dollar-bills-and-vintage-light-box-with-inscription-4386369″][/et_pb_fullwidth_header][/et_pb_section][et_pb_section fb_built=”1″ custom_padding_last_edited=”on|tablet” _builder_version=”4.4.1″ custom_padding=”50px||20px||false|false” custom_padding_tablet=”30px||0px||false|false” custom_padding_phone=”30px||0px||false|false”][et_pb_row use_custom_gutter=”on” make_equal=”on” _builder_version=”4.4.1″][et_pb_column type=”4_4″ _builder_version=”4.4.1″][et_pb_blog fullwidth=”off” include_categories=”all”
- [Contact](https://franektaxservices.com/contact/) - [et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.5.1″ _module_preset=”default” saved_tabs=”all”][et_pb_fullwidth_header title=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IiIsImFmdGVyIjoiIn19@” admin_label=”Inner Page Banner” _builder_version=”4.5.1″ _dynamic_attributes=”title” _module_preset=”default” title_font=”|800||on|||||” title_text_align=”center” title_font_size=”68px” title_line_height=”2em” background_color=”#707070″ background_image=”https://franektaxservices.com/wp-content/uploads/contactBanner.jpg” background_blend=”overlay” height=”425px” height_tablet=”” height_phone=”400px” height_last_edited=”on|phone” max_height=”425px” max_height_tablet=”” max_height_phone=”400px” max_height_last_edited=”on|phone” custom_padding=”140px||||false|false” title_font_size_tablet=”55px” title_font_size_phone=”35px” title_font_size_last_edited=”on|phone” title_letter_spacing_tablet=”” title_letter_spacing_phone=”” title_letter_spacing_last_edited=”on|desktop” background_color_tablet=”rgba(112,112,112,0.92)” background_last_edited=”on|tablet” background_enable_color_tablet=”on” background_position_tablet=”center” background_blend_tablet=”overlay”][/et_pb_fullwidth_header][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row column_structure=”2_3,1_3″ make_equal=”on” module_class=”middle-align” _builder_version=”4.5.1″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”2_3″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Contact Franek

## Categories

- [Uncategorized](https://franektaxservices.com/category/uncategorized/)
- [Blog](https://franektaxservices.com/category/blog/)
- [Quarterly Taxes](https://franektaxservices.com/category/quarterly-taxes/)
- [Tax Deductions](https://franektaxservices.com/category/tax-deductions/)
- [Business Expenses](https://franektaxservices.com/category/business-expenses/)
- [Tax Credit](https://franektaxservices.com/category/tax-credit/)
- [Filing Status](https://franektaxservices.com/category/filing-status/)
- [IRA](https://franektaxservices.com/category/ira/)
- [SSN Scam](https://franektaxservices.com/category/ssn-scam/)
- [Tax Adjustment](https://franektaxservices.com/category/tax-adjustment/)
- [Tax Withholding](https://franektaxservices.com/category/tax-withholding/)
- [tax season](https://franektaxservices.com/category/tax-season/)
- [COVID-19](https://franektaxservices.com/category/covid-19/)
- [IRS](https://franektaxservices.com/category/irs/)
- [tax penalties](https://franektaxservices.com/category/tax-penalties/)
- [disaster relief](https://franektaxservices.com/category/disaster-relief/)
- [security](https://franektaxservices.com/category/security/)

## Tags

- [COVID-19](https://franektaxservices.com/tag/covid-19/)
- [Joe Fanek Tax Services](https://franektaxservices.com/tag/joe-fanek-tax-services/)
- [Small Business taxes](https://franektaxservices.com/tag/small-business-taxes/)
- [Taxes](https://franektaxservices.com/tag/taxes/)
- [Franek Tax Services](https://franektaxservices.com/tag/franek-tax-services/)
- [NC State Taxes](https://franektaxservices.com/tag/nc-state-taxes/)
- [charity scams](https://franektaxservices.com/tag/charity-scams/)
- [Fraudulent Charities](https://franektaxservices.com/tag/fraudulent-charities/)
- [Estimated Tax Payments](https://franektaxservices.com/tag/estimated-tax-payments/)
- [Estate Taxes](https://franektaxservices.com/tag/estate-taxes/)
- [Self-employed](https://franektaxservices.com/tag/self-employed/)
- [Tax Deductions](https://franektaxservices.com/tag/tax-deductions/)
- [Business Expenses](https://franektaxservices.com/tag/business-expenses/)
- [charity deductions](https://franektaxservices.com/tag/charity-deductions/)
- [property taxes](https://franektaxservices.com/tag/property-taxes/)
- [withholding taxes](https://franektaxservices.com/tag/withholding-taxes/)
- [Exemptions](https://franektaxservices.com/tag/exemptions/)
- [Tax exemptions](https://franektaxservices.com/tag/tax-exemptions/)
- [Business owners](https://franektaxservices.com/tag/business-owners/)
- [Cary NC](https://franektaxservices.com/tag/cary-nc/)
- [Depreciation](https://franektaxservices.com/tag/depreciation/)
- [tax credit](https://franektaxservices.com/tag/tax-credit/)
- [education credit](https://franektaxservices.com/tag/education-credit/)
- [IRA](https://franektaxservices.com/tag/ira/)
- [SSN Scam](https://franektaxservices.com/tag/ssn-scam/)
- [taxadjustments](https://franektaxservices.com/tag/taxadjustments/)
- [capital gain](https://franektaxservices.com/tag/capital-gain/)
- [dividends](https://franektaxservices.com/tag/dividends/)
- [tax withholding](https://franektaxservices.com/tag/tax-withholding/)
- [filing taxes](https://franektaxservices.com/tag/filing-taxes/)
- [1099](https://franektaxservices.com/tag/1099/)
- [W2](https://franektaxservices.com/tag/w2/)
- [hobby](https://franektaxservices.com/tag/hobby/)
- [FSAs](https://franektaxservices.com/tag/fsas/)
- [tax scams](https://franektaxservices.com/tag/tax-scams/)
- [dirty dozen](https://franektaxservices.com/tag/dirty-dozen/)
- [tax planning](https://franektaxservices.com/tag/tax-planning/)
- [deductions](https://franektaxservices.com/tag/deductions/)
- [irs](https://franektaxservices.com/tag/irs/)
- [Roth IRA](https://franektaxservices.com/tag/roth-ira/)
- [tax payments](https://franektaxservices.com/tag/tax-payments/)
- [penalties](https://franektaxservices.com/tag/penalties/)
- [tax refund](https://franektaxservices.com/tag/tax-refund/)
- [identity theft](https://franektaxservices.com/tag/identity-theft/)
- [Identity protection](https://franektaxservices.com/tag/identity-protection/)
- [student tax credit](https://franektaxservices.com/tag/student-tax-credit/)
- [american opportunity tax credit](https://franektaxservices.com/tag/american-opportunity-tax-credit/)
- [college tuition](https://franektaxservices.com/tag/college-tuition/)
- [tax extension](https://franektaxservices.com/tag/tax-extension/)
- [tax penalties](https://franektaxservices.com/tag/tax-penalties/)
- [disaster relief](https://franektaxservices.com/tag/disaster-relief/)
- [401k](https://franektaxservices.com/tag/401k/)
- [interest rates](https://franektaxservices.com/tag/interest-rates/)
- [tax counseling](https://franektaxservices.com/tag/tax-counseling/)
- [business write-offs](https://franektaxservices.com/tag/business-write-offs/)
- [small business tax preparation](https://franektaxservices.com/tag/small-business-tax-preparation/)
- [tax services](https://franektaxservices.com/tag/tax-services/)
- [small business tax accountant](https://franektaxservices.com/tag/small-business-tax-accountant/)
- [small business tax audit](https://franektaxservices.com/tag/small-business-tax-audit/)
- [tax audit](https://franektaxservices.com/tag/tax-audit/)
- [IRS tax audit](https://franektaxservices.com/tag/irs-tax-audit/)
- [tax debt solutions](https://franektaxservices.com/tag/tax-debt-solutions/)
- [irs tax debt](https://franektaxservices.com/tag/irs-tax-debt/)
- [independent contractors](https://franektaxservices.com/tag/independent-contractors/)
- [income from apps](https://franektaxservices.com/tag/income-from-apps/)
- [small business owners](https://franektaxservices.com/tag/small-business-owners/)
- [IRS Direct Filing](https://franektaxservices.com/tag/irs-direct-filing/)
- [inuit quickbooks](https://franektaxservices.com/tag/inuit-quickbooks/)
- [franek tax](https://franektaxservices.com/tag/franek-tax/)
- [tax accountant](https://franektaxservices.com/tag/tax-accountant/)
- [tax software](https://franektaxservices.com/tag/tax-software/)
- [bookkeeping software](https://franektaxservices.com/tag/bookkeeping-software/)
- [cryptocurrency](https://franektaxservices.com/tag/cryptocurrency/)
- [NFTs](https://franektaxservices.com/tag/nfts/)
- [decentralized](https://franektaxservices.com/tag/decentralized/)
- [hurricane relief](https://franektaxservices.com/tag/hurricane-relief/)
- [irs hauls in millions from rich americans](https://franektaxservices.com/tag/irs-hauls-in-millions-from-rich-americans/)
- [tax audits](https://franektaxservices.com/tag/tax-audits/)
- [small business audit](https://franektaxservices.com/tag/small-business-audit/)
- [ultra rich audit](https://franektaxservices.com/tag/ultra-rich-audit/)
- [IRS tax haul](https://franektaxservices.com/tag/irs-tax-haul/)
- [2025 tax deductions](https://franektaxservices.com/tag/2025-tax-deductions/)
- [filing in 2025](https://franektaxservices.com/tag/filing-in-2025/)
- [2024 tax rules](https://franektaxservices.com/tag/2024-tax-rules/)
- [thanksgiving](https://franektaxservices.com/tag/thanksgiving/)
- [thanksgiving taxes](https://franektaxservices.com/tag/thanksgiving-taxes/)
- [2021 tax refunds](https://franektaxservices.com/tag/2021-tax-refunds/)
- [IRS refunds](https://franektaxservices.com/tag/irs-refunds/)
- [disaster occurs](https://franektaxservices.com/tag/disaster-occurs/)
- [IRS Interest rates](https://franektaxservices.com/tag/irs-interest-rates/)
- [tax pros](https://franektaxservices.com/tag/tax-pros/)
- [finance](https://franektaxservices.com/tag/finance/)
- [tax cuts and job acts](https://franektaxservices.com/tag/tax-cuts-and-job-acts/)
- [small business tax owners](https://franektaxservices.com/tag/small-business-tax-owners/)
- [tax cuts expiring 2017](https://franektaxservices.com/tag/tax-cuts-expiring-2017/)
- [appeal process](https://franektaxservices.com/tag/appeal-process/)
- [one big beautiful bill](https://franektaxservices.com/tag/one-big-beautiful-bill/)
- [Big Beautiful Bill](https://franektaxservices.com/tag/big-beautiful-bill/)
- [Online Account](https://franektaxservices.com/tag/online-account/)
- [small business deductions](https://franektaxservices.com/tag/small-business-deductions/)
- [Online Tax Documents](https://franektaxservices.com/tag/online-tax-documents/)
- [Tips](https://franektaxservices.com/tag/tips/)
- [resources for small businesses](https://franektaxservices.com/tag/resources-for-small-businesses/)
- [cybercriminals](https://franektaxservices.com/tag/cybercriminals/)
- [tax fraud](https://franektaxservices.com/tag/tax-fraud/)
- [fraud](https://franektaxservices.com/tag/fraud/)