ORP, OR LLC
CASE SNAPSHOT Client: Business Owner Tax Years in Question: 2018–2023 State Tax Liability Claimed by IDOR: Paid in Full Savings Secured: $217,402 Monthly Payment Plan: Not Applicable Our team at IRS Trouble Solvers successfully filed a Voluntary Disclosure Agreement (VDA) application on behalf of this staffing company, which was approved for the tax years 2020–2023. As a result, the client was not required to file returns or pay balances due for the years 2018 and 2019. This strategic approach saved the business approximately $217,402 , not including the penalties and interest that would have been assessed for five years. WIN OF THE MONTH Staffing Company Avoids 5 Years of Tax Payments
Tax Deductions!
travel, and employment agency fees. Keep in mind this only applies if you itemize your deductions.
Self-Employment Expenses Freelancers and self-employed individuals often miss out on deductions for home office use, internet costs, and even business-related meals or travel. To qualify, make sure your home office is used only for work. Medical Expenses If your medical expenses exceed 7.5% of your adjusted gross income, you can deduct them. This includes out-of-pocket costs like prescriptions, dental care, and even mileage for driving to medical appointments.
Energy-Efficient Home Improvements If you’re installing energy-efficient windows, doors, or solar panels, you may qualify for a tax credit or deduction for contributing to a greener planet.
Educator Expenses Teachers often spend their own money on classroom supplies, and they can deduct up to $300 of these expenses. Married educators filing jointly can double this amount.
INGREDIENTS
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1 cup chopped dark chocolate 1/2 cup unsalted butter, melted 3/4 cup granulated sugar
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1/2 cup almond flour
1/2 cup chopped walnuts 4 large eggs, separated 2 tbsp cocoa powder
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DIRECTIONS
At IRS Trouble Solvers, we’re proud to help businesses like this staffing company resolve complex tax matters with proven solutions.
1. Preheat oven to 350 F and grease a springform pan with butter or nonstick spray. 2. Place chocolate in a medium bowl. Pour warm, melted butter over it, wait for 2 minutes, then stir until chocolate is melted and smooth. 3. Add sugar, almond flour, and walnuts and stir to incorporate. Stir in the egg yolks and set mixture aside. 4. In the bowl of a standing mixer fitted with the whisk attachment, whip egg whites on medium until stiff peaks form. 5. Fold 1/4 of the whipped egg whites into the chocolate batter. Repeat, 1/4 at a time, until egg whites are incorporated. 6. Pour batter into springform pan and bake for 30–35 minutes. 7. Remove from the oven and let it cool completely before removing from the pan. Dust with cocoa powder before serving.
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