IATC Inc.

We Provide Individual & Business Accounting Services

Individual & Corporate Taxes

Want to know what deductions you qualify for or how to deal with your specific tax problems? Our professionals will gladly provide consultation to answer your individual tax questions

Want to start your own business, but need some help We can go over the business plan, business structure, tax issues, accounting systems, and other important aspects of your future business

Audit Defense & Services

Our expert tax resolution services can help alleviate any IRS issues you may be experiencing IATC professionals can go through an IRS audit without you ever having to be being present

Where Every Number Counts

1629 K ST NW Ste. #300, Washington, DC 20006

M-F: 8am-5pm, S-S: Closed

Accounting Resources & Articles

New 1099 NEC Form 2021

The IRS has introduced a new Form the 1099-NEC The NEC is short for non employee compensation This is the new form for reporting independent contractor income The 1099-Misc will not be used to report income for individuals who're self-employed in 2020 What is a

Paycheck Protection Program 2

The President signed the “Consolidated Appropriations Act, 2021 into law This law provided $284B dollars to be used for the second round of the Paycheck Protection Program The application deadline for businesses wanting to receive a PPP2 loan is March 31, 2021 Due

5 End of 2020 Tax Planning Moves

The 2020 year is coming to a close and for most people their focus is the holidays Taxes season is also upon us There are a few things people can do to minimize their tax burden before the year is completely Over Give to a Charity Donating to a charity is a