Every year, before you know it, tax season approaches, and it’s time to send your tax returns in. Like in prior years, you either complete the annual tax documents on your own, or you hire a tax professional. Either way, you get everything submitted on time just like every other year, right? Well, shortly after,…

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McClure & Stewart can help with tax preparation to avoid back taxes and tax debt.

Gathering the necessary financial documents to prepare for tax season is a common occurrence as we reach the end of the year. Many individuals choose to partner with local tax preparation companies to handle the complexities of preparing for taxes. However, choosing to reach out to a certified public account (CPA) is often an excellent…

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Everyone can make small errors in judgment that turn out to have drastic consequences. Unfortunately, if you allow your taxes to accrue every year, you can end up in what is called a “tax debt cycle.” This cycle, also known as pyramiding, can feel like a neverending trap of paying tax debt. People try to…

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As you come to grips with your current financial situation, you may be wondering if there are other ways to get out from under your current tax debt. You do your research and discover that filing for bankruptcy can potentially provide you with the kind of tax relief you need.

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For most taxpayers, tax season is already stressful enough as it is. You have to worry about outstanding debt, collecting all of your tax documents, making time to meet with an accountant in your busy schedule, etc. These concerns and stressors were only amplified by the arrival of COVID-19, which tightened budgets for Salt Lake…

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In helping clients in and around Salt Lake City resolve problems with back taxes and restore their good standing with the IRS, there’s one particular hurdle we often have to clear: unified tax returns. As you know, most U.S. citizens are required to file an income tax return every year by April 15, although the…

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The coronavirus outbreak has created an atmosphere of uncertainty in communities all over the world. As citizens and business owners adjust to a new reality, living and working in isolation to help stop the spread of COVID-19, we’re all looking for ways to stay calm, grounded, and connected. Here at McClure & Stewart, our tax…

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