by jason | Oct 7, 2022 | IRS, Tax Tips
Working with the IRS has never been easy, and tax settlement agreements are always complicated affairs. If you are currently working to pay off your tax debt, you may wonder what the recently passed ‘Inflation Reduction Act of 2022’ has in store for you....
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 | Aug 24, 2022 | IRS, Tax Tips, Updates
The IRS has authorized widespread AUTOMATIC penalty relief for certain 2019 and 2020 tax returns due to the pandemic resulting in $1.2 billion in penalties being refunded to 1.6 million taxpayers! To help struggling taxpayers affected by the COVID-19 pandemic, the IRS...
by Elizabeth Holladay | Jul 29, 2022 | IRS
On July 27, 2022, The IRS issued a statement regarding erroneous tax due notices that have been sent to thousands of taxpayers. The statement is as follows: The IRS is aware that some payments made for 2021 tax returns have not been correctly applied to joint taxpayer...
by Elizabeth Holladay | Jul 29, 2022 | IRS, Tax Tips
Unpaid payroll taxes are a serious matter to the IRS and are some of the worst kinds of back taxes you can owe. If you’re a small business owner with a payroll tax problem, read on to learn what you can do to avoid the IRS crippling your business or worse, shut your...
by jason | Feb 24, 2022 | IRS, Tax Tips
It is no wonder so many Americans dread the April 15 tax filing deadline. The U.S. tax code already contains more words than the Bible, and hundreds of pages of new rules and regulations are often added. With so much complexity, it is no wonder so many of us put off...
