Offer In Compromise Explained By The IRS

An offer in compromise is a settlement for taxpayers who cannot afford to pay their tax debt. Below are some things a taxpayer should know before applying for an offer in compromise: If a taxpayer can afford to pay what is owed, the IRS cannot accept a settlement...

Taxpayer Bill Of Rights

When dealing with your taxes, it is important to be cautious of small mistakes that could break the rules and result in a tax audit, tax problems or some involvement by the IRS. However, the IRS is also responsible for following rules that are set for them as well....

IRS Working Hard To Detect Fraudulent Tax Returns

According to a new report from the Treasury Inspector General for Tax Administration (TIGTA), the IRS has improved their investigation methods in detecting identity theft related fraudulent tax returns. Yet, the IRS needs to be more factual with their identity theft...

Is The IRS Calling, Or Is It A New Scamming Approach?

As the tax season is approaching, so are an increasing number of IRS scams. According to WBIW – a radio station broadcast, the Washington County Sheriff’s Department is reporting a significantly higher number of scams with newer techniques and advanced...