David Ramirez's (taxrelief808) Blog

Are you a Real Estate Owner or Real Estate Investor?You Need to Know and Understanding Cost Segregation and How it Benefits Real Estate InvestorsOwning a property, let alone investing in one is no easy feat. It takes considerable amounts of time, effort, and resources. However, what if we told yo...

AFFECTED BY THE MAUI WILDFIRES OR IDALIA OR OTHER NATURAL DISASTERSReconstructing Records for IRS After a Natural Disaster or Casualty Loss  TAX RECORDS Get free return transcripts immediately by visiting the Get Transcript tool on IRS.gov. To order transcripts by phone, call 800-908-9946 and fol...

As a real estate agent, navigating the complex world of taxes can be overwhelming. Yet, understanding tax deductions can be a game-changer for your financial health. These deductions are legal ways to reduce your taxable income, thereby lowering the amount you owe in taxes. In this blog, we'll ex...

Planning on taking a trip overseas?If you owe back taxes you may not be going! Understanding the IRS debt and Passport Certification Process By law (Internal Revenue Code Section 7345), the IRS will certify taxpayers with seriously delinquent tax debts to the State Department for specific actions...

For the Love 😍 of MoneyDon’t lose your Money 💵🙀🛑To the IRS If you fail to file and claim your refund with in 3 years or 2 years from when paid you May end up losing your refund There are some exceptions, one major one is due to “Financial Disability”. The IRS defines financial disability IRC 6511...

QUICK TIP TAX TIP EXTENSION BASICS2022 Tax ReturnCommon Reasons to File an Extension       Haven’t received all of your tax documents       Don’t want to feel rushed        Still need to organize your business expenses        Unexpected life, Shxt Happens Purpose of ExtensionTo obtain additional ...

How to stay clear of shady tax preparersTips on carefully choosing tax professionalsHow to avoid unscrupulous tax return preparers and how to find the right tax professional. People should be careful of shady tax professionals and watch for common warning signs, including charging a fee based on ...

When and Why will the IRS contact you in person ?Not Often but in some situations! Most IRS contacts are through regular mail delivered by the United States Postal Service. However, there are limited circumstances  when the IRS will come to a home or business as part of a collection investigation...

HAWAII TAX PROBLEMS?No Mainland National Firm Can Actually Help You Even If They Say They Can‼️😱 Hawaii Department of Taxation Basics Some Need to Know things about Hawaii Tax Issues I want to provide you with some basic information about common Hawaii taxes. Again, let me stress the basics. As w...

Received a Distraint Warrant from the IRS in the Mail?Think is Real, Thing Again because it is absolutely NOT! Fake tax warrants Has a distrant warrant been delivered to your door, claiming that the taxman has come calling? You’re not alone – in recent weeks there’s been an influx of fake warrant...