How the IRS Adds Insult to Injury for Oklahoma City Taxpayers & How to Get Penalty Relief

Robin HarrisBlog

Every year, the IRS charges tax debtors a boat load of penalties. Just how much? If you’re in Oklahoma City and you owe taxes, you should definitely take a look… To put this in perspective, the IRS budget for 2021 is about $12 billion. That means the entirety of IRS operations could be funded this year with just the money … Read More

Robin HarrisHow the IRS Adds Insult to Injury for Oklahoma City Taxpayers & How to Get Penalty Relief

Key Healthcare Changes From ARPA For Oklahoma City Taxpayers

Robin HarrisBlog

Last week marked the one year anniversary of the CARES Act (stimulus round 1). This was such a monstrous piece of legislation, it’s still being unraveled. It made “Obamacare” (ACA) and the “Trump Tax Cuts” (TCJA) seem like junior league tweaks. We had not before seen a bill so massive and comprehensive in its changes to the tax code  … … Read More

Robin HarrisKey Healthcare Changes From ARPA For Oklahoma City Taxpayers

Big Earned Income Tax Credit Changes for all Oklahoma City Filers in 2021

Robin HarrisBlog

I have to apologize to all of my Oklahoma City clients for the sheer volume of tax-centric writing I’ve been doing the last few weeks and months. Normally, I like to write on other topics (in addition to the tax-related stuff) … but I cannot emphasize enough how massively and significantly the tax code has been impacted by all this … Read More

Robin HarrisBig Earned Income Tax Credit Changes for all Oklahoma City Filers in 2021

How COV-19 Affected Annual RMD for Oklahoma City Retirees

Robin HarrisBlog

With a third round of “stimmy” (as the kids say) hitting bank accounts for the past week, 90MM+ Americans (including some of us in Oklahoma City) are once again flush with cash. It remains to be seen what this will do for the economy, but combined with what seems to be a slow-but-steady sense of “reopening” in places that have … Read More

Robin HarrisHow COV-19 Affected Annual RMD for Oklahoma City Retirees

The NFT Craze, Explained By Robin Harris

Robin HarrisBlog

Events are happening fast in tax world, and we are VERY busy here at RLH Tax Services, LLC. But this is a good thing — we’ve been preparing for this season all year, and we love to serve. We knew that there would be unexpected curve balls this year, but “rewriting the tax code for tax returns that have already … Read More

Robin HarrisThe NFT Craze, Explained By Robin Harris

The New Stimulus Update and Tax Issues for Oklahoma City Filers

Robin HarrisBlog

The “American Rescue Plan” has been finalized. And there are things about the new stimulus update our Oklahoma City clients should know. While I normally write weekly, there is information in this strategy note that you need to know about now that might even impact how you proceed in the following days. As of this writing, Congress has agreed — … Read More

Robin HarrisThe New Stimulus Update and Tax Issues for Oklahoma City Filers

The Problem with Unfiled Tax Returns for Oklahoma City taxpayers

Robin HarrisBlog

Recently, I saw some data on the US Census Bureau website that was both encouraging and troubling at the same time. I would imagine Oklahoma City business owners who might face tax problems would be interested in seeing this: (Here is the page from which this is taken.) What this tells me is that there was a massive spike in … Read More

Robin HarrisThe Problem with Unfiled Tax Returns for Oklahoma City taxpayers

Third Stimulus Package Update For All Oklahoma City Taxpayers

Robin HarrisBlog

Despite what you might think, being a tax accountant is NEVER boring. We have all kinds of fun amusements that keep us going. We play little games like: “Guess The New Tax Law That Will Change Returns That Have Already Been Filed” — catchy title, I know, and we get to play it all the time. For instance, this new … Read More

Robin HarrisThird Stimulus Package Update For All Oklahoma City Taxpayers

Post-Stimulus Taxes for 2020

Robin HarrisBlog

I mentioned last week the key provisions of the “American Rescue Plan,” while it was just proposed legislation. Now that the House has passed it, there is more meat on those bones. I’ll run it all down for you once it’s been signed by the President, but the key provisions are what I indicated: An expansion of individual stimulus checks … Read More

Robin HarrisPost-Stimulus Taxes for 2020

Debunking Estate Plan Myths For Oklahoma City Taxpayers (Part 2)

Robin HarrisBlog

We’re diving in, with sleeves rolled up, with a bunch of our Oklahoma City area tax preparation clients in creating the best tax return possible for their 2020. Get on our list here: 405-938-9245 But here at RLH Tax Services, LLC we’re also keeping an eye on the Congressional conversation around the “American Rescue Plan” (or Stimulus Round 3) presented … Read More

Robin HarrisDebunking Estate Plan Myths For Oklahoma City Taxpayers (Part 2)