How to prepare for an IRS audit
Filing taxes can be a daunting process, but there is something even more worrisome – tax audits.
What is a Federal Tax Lien Notice & what should you do if you receive one
What is a Federal Tax Lien and what should you do if you receive one
How to avoid an expensive tax bill … & what to do if you receive one
Tax season can be a time of great anticipation for millions of Americans with dreams of a nice, big, refund check coming soon. Yet this year, many Americans may find themselves surprised and coming up short on their refunds. Many taxpayers have been shocked to find that this year, instead of a big tax refund […]
What to do if you owe back taxes
Paying taxes is a fact of life, but when the amount is excessive, you may not have the funds to pay in full. Making a mistake on your taxes can be costly as well, and if you plug in the wrong numbers, the IRS will surely come calling. Whether you owe money to the IRS […]
Filing taxes when you owe money
What to do and what you need to know The tax-filing deadline will be here before you know it and pretty soon, you’ll be gathering up your receipts and plugging in numbers. I know you’re hoping for good news, and praying for a big refund in the process. If all goes well you won’t owe […]
What to do if you receive a Levy Notice from the IRS
The IRS is not one to mess around with when it comes time for repayment. They are the least forgiving creditor when it comes to collecting what they think is owed to them. The IRS will seize assets including bank accounts and property such as wages or real estate. Contact a tax relief firm […]
Do You Owe Money to the IRS But Can’t Pay? Try This.
When you owe back taxes and can’t afford to make any payments, then it may be time for a special tax status known as currently not collectible. This means that your debt is still considered valid even though there’s no chance at recovery right now. When you’re approved for currently not collectible status, the IRS […]
Do you have unfiled tax returns?
Unfiled tax Returns? Here’s what to do Filing your taxes is never a fun thing to do, but if have unfiled tax returns then the IRS will come calling. They have unbridled power to file a return on your behalf in their, not your, best interest. They have powerful collection tools and an unforgiving nature […]
5 Critical Reasons to Hire a Tax Resolution Professional
When a tax relief specialist is needed Dealing with tax issues can often be a challenge and feel overwhelming for many people. Choosing to work with a tax resolution professional is often a great choice if you are dealing with the IRS. These tax relief specialists can guide you throughout the entire process to help […]
When to amend
Think tax filing season is over? Why you may need to file an amended return Few people look forward to tax filing season. Unless you are an accountant who loves tax season, you probably dread this time of year, and you are thrilled when your return is in and your refund is on the way […]