IRS
What to Do When You Get a Letter From the IRS
If you’re currently dealing with an audit, you may wonder how far back the IRS is allowed to go in reviewing your tax returns and assessing additional taxes and fees.
Read MoreWhat is the IRS Statute of Limitations on Collecting Tax Debt?
If you’re currently dealing with an audit, you may wonder how far back the IRS is allowed to go in reviewing your tax returns and assessing additional taxes and fees.
Read MoreWhat is the Statute of Limitations on IRS Audits?
If you’re currently dealing with an audit, you may wonder how far back the IRS is allowed to go in reviewing your tax returns and assessing additional taxes and fees.
Read MoreWhat Happens if You Don’t File Your Taxes On Time?
April 15 – the big deadline. The day you have to get your taxes in or else. Or else what? If you’ve ever scrambled to meet that deadline – and a lot of us have – you may have wondered what would actually happen to you if you missed it. Would you get dragged off…
Read MoreOne Client’s Worst Nightmare: Being Audited by the IRS
When Tara walked out to her mailbox and saw the heavy envelope from the IRS with the handwritten address, she had a bad feeling before she even opened it.
Read MoreWhat Can Trigger an IRS Audit?
While nearly 150 million federal tax returns are filed each year, the IRS audits less than 1% of them. However, for those that do get caught in the government’s crosshairs, the audit process can be long and costly.
Read MoreWhat are IRS Partial Pay Installment Agreements?
Taxpayer will still owe the debt but will have a smaller monthly payment based on ability to pay, which could help taxpayer stay in good standing…
Read MoreWhat Does Currently Non-Collectible (CNC) Mean?
Taxpayer will still owe the debt but will not have a monthly payment, which could help taxpayer stay in good standing with the IRS…
Read MoreWhat is the IRS’ Pilot Program: 84 Month Installment Agreement?
The upside to the 84-month pilot program is no financial statement is required and it is not based on ability to pay…
Read MoreWhat is the IRS’ Fresh Start Program: 72 Month Installment Agreement?
The upside to the 72 month Fresh Start installment agreement is no financial statement is required and it is not based on ability to pay…
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