Sonia Narvaez's (sonianarvaez) Blog

What You Need to Know About the Second PPP Loan A new coronavirus relief bill passed last month will provide $284 billion in Payroll Protection Program (PPP) loans for small businesses. The experts at Orlando based CPA Accounting & Tax Services shares important details about the new relief bill, ...

Perpetuated by the COVID-19 pandemic in 2020, the number of “gig-workers” has increased dramatically. With this increase in the workforce taking on what were once considered side jobs, that was intended to simply supplement income by occasionally driving for Uber or shopping for Instacart, gig wo...

 Historically only provided to victims of identity theft! Now, an Identity Protection Personal Identification Number (IP PIN) is soon to become the standard in verifying a taxpayer’s identity and will be required for tax filing in the future. What Is An IP PIN? An Identity Protection Personal Ide...

IRS Notice CP90 or a Letter 1058, or a Notice LT 11 – Final Notice of Intent to Levy and Your Right to a Hearing - is a written notification, required by law, to inform you that the IRS intends to place a levy on federal payments due to you 30 days after the date of the letter.If you or your busi...

 Looking to resolve your tax debt with the IRS? The first step is always tax compliance. You must be fully compliant in order for the IRS to consider certain tax resolutions. So, what exactly does compliance mean? Make sure all your tax return are current! IRS tax liabilities can happen to anyone...

Each year the IRS sends millions of letters and notices to taxpayers. Although some people may feel anxious when they receive one, many are easy to resolve. There are many reasons the IRS sends notices to taxpayers. The notice usually covers a specific issue about your account or tax return. It m...

The main focus of my practice is compliance and taxpayer representation. Today I had a taxpayer who came to see me who was audited last year and I am just now getting her information after 5 months. This happens mainly because she did not understand how the process works. To give you a better und...