IRS Penalty Abatement: First-Time Relief, AEP and Reasonable Cause
By RnM Advisory · Updated October 11, 2026 IRS penalty abatement means reducing or removing a penalty when the applicable relief requirements are met. A notice deserves a careful review: identify the penalty, tax year and deadline before deciding what to request. This guide helps individuals and business owners prepare for a penalty-relief review with […]
IRS Payment Plans in 2026: Installment Agreement Guide
By RnM Advisory · Updated October 11, 2026 An IRS payment plan can help you organize a federal tax balance into manageable payments. Before choosing a monthly amount, identify the tax years involved, review the balance and compare the proposed payment with your household or business cash flow. This guide explains the main options and […]
October 15, 2026 Tax Extension Deadline: Final Filing Checklist
By RnM Advisory · Updated October 11, 2026 The October 15, 2026 tax extension deadline is approaching. For most individual taxpayers who obtained a valid extension for their 2025 federal income tax return, this is the deadline to finish and file. If you still need help, organize your records now and tell your preparer about […]
Received an IRS Notice or Letter? What to Do Next
By RnM Advisory · Updated October 11, 2026 Received an IRS notice or letter and unsure what to do next? Begin with the notice number, the tax year and the response deadline. Those details determine the next step. This guide explains common situations and how to prepare for an IRS notice review with RnM Advisory […]
What Does Tax Preparation Mean?
By RnM Advisory · Updated October 11, 2026 Tax preparation is the process of gathering financial records, reviewing the information needed for a return, calculating the reported tax and preparing the return for filing. A useful review starts with your actual documents and the tax year involved. RnM Advisory provides tax preparation in Fort Lauderdale, […]
OBBBA Tax Changes for 2025 and 2026
By RnM Advisory · Updated October 11, 2026 OBBBA tax changes can affect the records you bring to your tax appointment and the deductions available on your federal return. The One Big Beautiful Bill Act, signed July 4, 2025, is described by the IRS as the Working Families Tax Cuts. This guide highlights provisions to […]
Tax Preparation Checklist for the 2027 Filing Season
By RnM Advisory · Updated October 11, 2026 Getting ready to file your 2026 tax return in 2027? Use this tax preparation checklist to organize your records before your appointment. A complete file helps your preparer ask the right questions and reduces last-minute requests for missing information. RnM Advisory provides tax preparation in Fort Lauderdale […]
Roth vs. Traditional 401(k): 2026 Tax Rules and Contribution Limits
By RnM Advisory · Updated October 11, 2026 The main difference between a Roth and a traditional 401(k) is when income tax applies. Your employer’s plan determines which options are offered. This guide explains the tax treatment, the 2026 employee contribution limits and the questions to bring to a tax review. Traditional versus Roth 401(k): […]
Tax Consulting in Fort Lauderdale: What to Expect
By RnM Advisory · Updated October 11, 2026 Looking for tax consulting in Fort Lauderdale? Start with the question you need answered and the records that support it. RnM Advisory helps individuals, families and business owners organize tax information, prepare returns, keep financial records and respond to IRS notices. Service is available in English and […]