10 Ways to Settle Your IRS Tax Debt Do you Find dealing with the IRS frustrating, Intimidating and Time-consuming? You’re not alone. While taxpayers may always represent themselves in front of the IRS, many turn to professional tax help (specialized IRS Tax attorneys, CPAs, and Certified Tax Resolution Specialists) in order to maximize their chances […]
Reasons to Hire a Tax Attorney What can it mean if my name comes up before this powerful agency? Do I need a tax lawyer? When you have IRS tax problems, it is very important to handle that very carefully. IRS tax matters are a very crucial and sensitive issue and a slight mistake in […]
The Fresh Start program is a system where the Offer In Compromise (OIC) was reformed to make it easier for those in tax debt to write off much of their debts and get a fresh start. In 2011 the federal government came to the understanding that thousands of people with tax debt to the IRS […]
Under the new Tax Cuts and Jobs Act (TCJA) many people will find they now have to pay their taxes every quarter. If that’s you, you need to get the checkbook out as the next tax payment day is the 16th September. Who has to pay? There are two broad groups of taxpayers – those […]
If you have self-employed income or are retired the IRS has completely revamped its tax withholding calculator for you to get a good estimate as to how much tax you will have to pay. With self-employed and other types of taxpayers often now paying their bill quarterly it is sensible to have a look at […]
The IRS has given warning of two new tax scams where criminals are illegally taking money from people, pretending to be from government agencies. The first is rather worrying – a letter sent through the US Postal Service. The other are calls and emails purporting to be from the Taxpayer Advocate Service (TAS). Let’s look […]
It’s official – if you owe the IRS money you can’t hide anywhere on the planet. The IRS has just announced this month that if you owe it more than $52,000 it can ask the State Department to revoke your passport, preventing you from traveling to a third country.
Millions of Americans may be eligible for more money off their 2018-19 tax bill thanks to moves by Congress after the government shutdown.
The IRS is now able to contract a private debt collection agency to force you to repay your tax debt. In this blog we will show you how to be certain they are legitimate and how to deal with one when they announce they are coming to force you to repay your tax debt.
A Catholic evangelist was refused nearly $40,000 in tax deductions as the Tax Court judge felt that he benefited personally from the spending and not the nonprofit he is working with. Annapolis Md resident Robert Oliveri crisscrossed the United States, preaching the Word of God to whomever he meets. Marketwatch reports, he “evangelizes people he […]