800-600-4300
Millions of dollars every year are charged to taxpayers by the IRS. Over time, that adds up to literally billions. Tens of billions. Should you, however, have a history of following the rules, certain penalties can be removed (abated), or waived by the IRS. There...
Most taxpayers have a tendency to panic when they receive a letter from the Internal Revenue Service (IRS). Upon receiving an IRS notice, they get all panicky and unsettled as they try to recall everything they did with the financial documents from the previous year....
Owing the IRS back taxes is an entirely different thing. It is nothing like owing your friends or a bank money. Creditors usually get help from a court whenever they have to garnish your income, for what you owe them. In the case of the...
The IRS says you owe them money. How do you know if it's true? Even if it is, what will you do? Whether it is to reduce tax debt or simply get to the bottom of a tax related problem, your best bet is to...
Have you ever experienced problems with your taxes or the IRS? Have those problems resulted in you having to pay additional money in the form of extra taxes, penalties, fees, etc.? If it looks like you might be additionally taxed or penalized, it's time to...
Can tax debt be reduced by an Offer In Compromise? For that matter, what is an Offer In Compromise? This is a program that lets a taxpayer settle, for only a portion of their owed tax liability, their tax debt. Just a couple of years...
Debt, in and of itself, can be life altering. For many, it is constantly in the back of their mind and effects everything they do. Tax debt, in particular, can hang over a person's head for a long time. But there is hope on the...
When it comes to collecting debt, the IRS has a whole arsenal at its disposal to use against you – levy your assets, place a lien on your income, and various other means including piercing the shroud of corporate anonymity. But what options do you...
Things have happened, and now you are facing a tax debt. You have to figure out how to pay it off but you currently do not have the means to do so. Furthermore, you have to deal with numerous administrative letters, confusing clauses, and outright...
The IRS and the IRS Appeals Department are separate bodies. If you dispute the results of an IRS audit you can instigate an IRSA administrative appeal against their decision in the Tax Court, or even settle the matter out of the court. The types of...