By Peoples Tax | October 3, 2019
What is an Offer-in-Compromise? An Offer-in-Compromise (OIC) is an Internal Revenue Service procedure that will enable some taxpayers to settle a tax debt for less than the full amount owed.  This procedure is an appropriate method to settle a taxpayer’s debt when he is unable to pay the total amount…
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Amended Tax Returns

By Peoples Tax | September 19, 2019
What is an amended return? Mistakes happen and tax returns are no exception. Filing an amended tax return corrects information reported previously. This includes making changes to filing status, dependents, or correcting income, credits or deductions. When do I need to complete an amended tax return? If a simple…
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Subway Map of Taxpayer’s Journey Through Tax Preparation

By Peoples Tax | August 2, 2019
Posted in: IRS Press Releases
In a straightforward, plain-talking news release (which is refreshing from the IRS), the Taxpayer Advocate Service (TAS), an independent organization within the IRS that helps taxpayers and protects taxpayer rights, recently released two important items a “subway map” that “illustrates, at a very high level, the stages of a taxpayer’s…
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Paycheck Checkup

By Peoples Tax | July 12, 2019
The IRS has launched a major initiative to encourage all employees to verify that they are having the appropriate amount of federal withholding taxes deducted from their paycheck. In order to use the IRS calculator tool, you will need your most recent pay stub and your most recent tax return.
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Tax Witholding: How To Get It Right

By Peoples Tax | April 9, 2019
Posted in: Individual Tax
Peoples Tax urges everyone to do a Paycheck Checkup early in 2019, even if you did one in 2018. As you may know, the federal income tax is a pay-as-you-go tax. You pay tax as you earn or receive income during the year. This year, your tax refund…
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7 Reasons to Try Our Virtual Tax Pro Service

By Peoples Tax | March 26, 2019
Posted in: Individual Tax
Haven’t been able to get yourself in for a tax prep appointment? We’re getting down to the wire on tax season. If you need to have your taxes prepared and just can’t find the time to come in, we have a solution: our Virtual Tax Pro℠ Service! Peoples Tax…
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3 Richmond Locations

West End

Corporate Office/The Forum Office Park

10120 W. Broad St., Suite C
Glen Allen, VA 23060

South of the River

Huguenot Place

1520 Huguenot Rd., Suite 111
Midlothian, VA 23113

Commonwealth Centre

4521 Commonwealth Centre Parkway
Midlothian, VA 23112

More information and Hours