by Spark Admin | Feb 21, 2022 | IRS
I got an IRS notice… what does it...
by jason | Apr 6, 2021 | IRS
Tax season is beginning to wrap up and many of our clients want to know if they qualify for an Offer in Compromise. An Offer in Compromise (OIC) is an agreement between a taxpayer and the IRS that will settle the taxpayer’s tax liability for less than the full amount...
by jason | Dec 16, 2017 | IRS, Tax Tips
April 15 is the officially recognized deadline for most taxpayers to file their tax returns and pay the IRS any tax that is owed. When processing these individual tax returns, the IRS examines each for mathematical accuracy and any other errors. At the completion of...
by jason | Nov 3, 2017 | IRS, Tax Tips, Uncategorized
The Fresh Start Program is a way the IRS helps taxpayers tackle their outstanding tax debt. This program has been available since 2011, with more refinements made over time. Overall, the program represents important changes in how the IRS evaluates and processes...
by jason | Nov 2, 2017 | IRS, Tax Tips
An Offer in Compromise (OIC) is an agreement made with the IRS that settles your tax debt for less than the full amount you owe. An OIC can be a powerful way to reduce your tax debt to something you can manage. Offering an acceptable offer in compromise requires loads...
by jason | Oct 13, 2017 | IRS, Tax Tips
A large number of married taxpayers file a joint tax return in order to reap certain benefits allowable under this filing status. It is important to remember, however, that when filing a joint return, both taxpayers are liable for the taxes owed under federal law. The...