What You Can Expect With the 2021 Child Tax Credit

Curious about what to expect from the 2021 Child Tax Credit? The basic structure is that families will receive $3,000 for each dependent child who is between six and 17 years of age. For younger children, the tax credit is $3,600. Since this is a tax credit, the money you receive is taken from your […]

How Tax Attorneys Can Streamline the Income Tax Process

The average person in Tucson can handle the income tax process on their own without trouble. However, there are certain situations where the right Tucson tax attorney can make all the difference. If rules aren’t being followed, the Internal Revenue Service can become aggressive, even if you did the best you could. If a mistake […]

Solutions For Managing Taxes When Moving Into Retirement

People who are moving into the retirement phase of life often rely on the fact that their tax bills will go down at this time. However, this isn’t the truth for many people in Arizona and other states. The field of tax law is constantly changing, making it hard to keep up with what to […]

The Differences Between Tax Attorneys and CPAs

Sometimes it can be challenging to understand what a CPA is adept at doing and what tasks require the expertise of a tax attorney. Each one is an expert in dealing with taxes but in very different ways. While a CPA is an authority at preparing your taxes and making sure they are submitted, tax […]

Everything You Need To Know About IRS Collections

Nobody wants to be in a position of owing money to the Internal Revenue Service (IRS). It’s serious and can be stressful. While some individuals are tempted to ignore the entire situation, that’s just about the worst decision you can make. Getting on top of the situation immediately is a much better plan of action. […]

Guest Post: The Tax Benefits of Hiring Your Kids

At Guardian Tax Law, we work with multiple professionals around the United States that help their clients with tax strategies, planning, and preparation. CPAs, realtors, financial advisors, and other attorneys often refer their clients to us for help with tax debt resolution and we often refer to them to help clients stay out of tax […]

The Next Big Give Is Almost Here

A local charity, 100 Guys Who Give Tucson, will be doing their next “Big Give” on February 10th, 2021 at 6:00pm! The Big Give aims to gather 100 donors, contributing $100 each, to donate to a different local charity in the Tucson community each quarter with the goal of raising $10,000 in a single day. […]

Will you receive an extra payment from the IRS this year?

In March, at the height of the COVID-19 outbreak, the IRS decided to postpone the tax-filing deadline from April 15 to July 15. This postponement came at a critical time, allowing taxpayers to take an extra three months to file their returns, and come up with any money that may have been owed for 2019. The […]

IRS Set To Enforce Tax Law And Increase Tax Compliance

In an effort to enforce tax law and increase tax compliance, the IRS will be visiting more taxpayers who haven’t filed their past tax year. They are also researching new compliance methods, looking into tax data, and increasing collection efforts from taxpayers who are out of compliance or in collections. The main goal of the […]

5 ways to preserve your financial future

During uncertain times, like what we have experienced so far in 2020, it is important to preserve your financial future. Let’s take a look at five things that you can do to help secure your future financial situation, and guard against uncertainty and unpredictability. File your taxes. This is a great first step. Doing this […]