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, 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...
by Spark Admin | Jun 1, 2021 | Tax Tips
Tax season is officially coming to an end, but many people are still dealing with tax debt and the IRS. You already know here at Reliance Tax Group, our priority is making sure you’re prepared. If you owe money to the IRS, we can help negotiate on your behalf! For...
by jason | Apr 29, 2021 | Tax Tips
Did you know that if your total tax burden is greater than $50,000 personally you’re required to fill out a financial statement to help determine how much you have to pay per month? The IRS has several Collections Information Statements to pick from and choosing which...
by jason | Apr 13, 2021 | Tax Tips
Tax season can be a stressful time and owing the IRS extra penalties can make it even more difficult. Have no fear! Here at Reliance, our top priority is always to make sure you have all the information you need. We’ll walk you through some of the common penalties...
