Carr CPAs LLC

We want the entire world to be aware of these new requirements for all businesses established with a secretary of state. Large penalties will result from failure to file! Coming due January 1st of 2025 for companies established prior to January 1st 2024.

New rules require beneficial ownership reporting to FinCEN | Grant Thornton New Corporate Transparency Act require many corporations, LLCs and other entities to report beneficial ownership and other information to FinCEN.

Need to make sure the IRS has your bank info so that your stimulus payment will get to you? Here is the tool!

Economic Impact Payments | Internal Revenue Service We’re committed to helping you get your economic impact, or stimulus, payment as soon as possible. See if you are eligible for an Economic Impact Payment.

Happy to announce that Carr CPAs LLC was awarded the 2018 Rio Rancho Observer Reader's Choice Award for Tax Preparation Business. Thank you Rio Rancho!

We took spot 30 of the top 50 places to live in the US (TIME). Congrats Rio Rancho!

Rio Rancho, New Mexico Is No. 30 on MONEY's Best Places to Live list See why Rio Rancho, New Mexico is one of the best places to live in the U.S.

IRS Adds One Day to Tax Deadline: Now April 18, 2018 The IRS announced on Tuesday that it has extended the tax deadline by one day to April 18, 2018. The move comes as many tax professionals and individuals encountered difficulties with the IRS website, particularly its Direct Pay system, which allows ...

Procrastinated? Feel like you won't be able to finalize your return in time? You can always request an additional six months to file your tax return. One point to remember is that an extension of time to file is not an extension of time to pay any balance due. Do your best to send your payment before the deadline and save yourself a few dollars of penalty and interest. Give us a call if you need help extending or figuring what to send as payment before April 18th!

I personally received one of these calls the other day, it made us at Carr CPAs think it might be time to help pass the word. Some sure fire tips to help prevent being scammed:

1. The IRS will almost always contact you with a "friendly" letter first! We suggest responding to these letters, even if you can't pay the balance immediately. If they have sent you multiple letters, they may well try calling eventually.
2. An IRS agent will never tell you to pay a balance due with any form of prepaid card. The IRS will accept payments by check, by credit card through third party payment systems, or through electronic withdrawal from a bank account. Anyone who tells you otherwise, should be seen as very suspicious.
3. There are very few, if any, cases where an agent will ever ask you to remit payment to them directly. This would never occur during the first conversation you have had with the agent.
4. If you ever think that someone is not who they say they are (and they claim to be an IRS agent), thank them for their time and say goodbye (if they are a revenue agent, it never hurts to be courteous), then immediately call the IRS directly at their main number (800-829-1040). They will be able to tell you immediately if you do in fact have a tax situation, and what you need to do to resolve it.
5. If you think you have been a victim of any tax fraud, contact TIGTA (treasury inspector general for Tax Administration). http://www.treasury.gov/tigta/contact_report_scam.shtml . The only way the scammers can be stopped is if the authorities know that the scam is on going.

Fake IRS phone calls tops list of tax scams Scammers impersonating IRS agents are targeting the elderly and new immigrants threatening them with arrest, deportation or the loss of their driver's license. And the IRS says this scam is on the rise, topping its list of "Dirty Dozen" tax scams this year.

100 Years of Income Tax in the United States. More complicated, more expensive, and more time consuming. Let a CPA help you through the mess!

Carr CPAs LLC - 1913 to today We are a family owned Rio Rancho tax firm with 20 years in the area. From 1040 returns to business amendments, we know taxes! How can a CPA help you today?