by Elizabeth Holladay | Jan 9, 2025 | Business, IRS, Tax Tips
Facing tax penalties? The IRS offers relief through its First-Time Penalty Abatement program, designed to help eligible taxpayers reduce penalties for late filing, payment, or deposits. What Is First-Time Penalty Abatement and How Does it Work? The First-Time Penalty...
by Elizabeth Holladay | Mar 6, 2023 | Business, IRS, Tax Tips
Tax season can be an unpleasant time of year for a lot of taxpayers, especially if you owe money to the IRS or State. The one thing you can do is, be proactive, prepared, and engage a tax resolution specialist to help guide you. If you owe back taxes to the IRS, then...
by Elizabeth Holladay | Aug 31, 2022 | Business, IRS, Tax Tips
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 an excellent choice if you are dealing with the IRS. These tax relief specialists can guide you throughout the entire...
by jason | Sep 22, 2017 | Business, Companies, IRS, Tax Tips
You are certain your taxes were paid in full. Then why is the IRS claiming you owe more? The majority of taxpayers who receive tax error notices from the IRS just shake their heads and pay the amount claimed to be in error. But consider this: most IRS notices are...
by jason | Sep 19, 2017 | Business, Companies, Industry, IRS, Tax Tips
Tax firms abound. Perform a Google search for ‘tax specialists’ near you and view the results. Likely you will see taglines on many of those search results that proclaim “We can settle your IRS tax debt for pennies on the dollar” or some such impossible notion. Any...
by jason | Sep 15, 2017 | Business, Companies, IRS, Tax Tips
If you have entered into an installment agreement with the IRS to pay overdue taxes, your obligations are simple. Make your installment payments on time, file current tax returns on time, and pay your current taxes on time. Did you notice a key phrase? ‘On time.’ When...
