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...
by jason | Sep 14, 2017 | Business, Companies, IRS, Tax Tips
If you have established an installment agreement with the IRS to eliminate outstanding tax debt, you may receive an occasional CP-521 Notice. This notice is a reminder that a payment is due, and will state the due date and remaining balance on your account. In...
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...
