by jason | Sep 13, 2017 | Business, Companies, IRS, Tax Tips
Any letter arriving by certified mail warrants close attention, but when you open IRS Letter 1058 – Final Notice of Intent to Levy, do not merely set it aside. This is the final communication from the Internal Revenue Service of their intent to initiate...
by jason | Sep 12, 2017 | Business, Companies, IRS, Tax Tips
For any number of reasons, many people find themselves falling behind and owing the IRS for previous year’s taxes. Fortunately, the IRS will send a veritable barrage of official written notices to remind you about your outstanding balance. CP-501, CP-503, and CP-504...
by jason | Sep 11, 2017 | Business, Companies, IRS, Tax Tips
IRS Form 668(y) is an official IRS notice that a lien has been placed against your property for failing to resolve your outstanding tax debt. This lien protects the government’s interest in all your property, including bank accounts, personal property, real estate, or...
by jason | Sep 8, 2017 | Business, Companies, IRS, Tax Tips
When handling any tax-related concerns or issues, or dealing with the Internal Revenue Service (IRS), always be sure to obtain the best legal advice. Moreover, before securing the professional services of a tax firm, always ensure they are knowledgeable, of good...
by jason | Jun 6, 2017 | Business, IRS, Tax Tips
Trump’s Tax Reform On Wednesday, April 26, President Trump released his tax reform plan for 2017. As promised, he shook things up, proposing one of the biggest tax cuts in American history as well as decreasing the number of tax brackets. Read on to review a...
by jason | Mar 13, 2017 | Business, IRS, Tax Tips
What Kind of records should I keep? In order to know if you should retain a document, you should know that taxpayers have the responsibility to prove entries, deductions, and statements made on their tax return. This is known as the burden of proof. You must...
