It’s easy to panic when you receive a letter from the IRS. Just filling your taxes on time each year can feel like a hard enough task, but sometimes things can get a lot more complicated than that. Each year, the IRS takes on about one million audit cases. That means they go to individuals and businesses… Continue reading Everything You Need to Know About IRS Audit Representation
Tag: #TaxRelief #DebtRelief #IRS
What is Tax Relief and How Does it Work? The Ultimate Guide
What is Tax Relief and How Does it Work? Do you find yourself swarmed with tax debt? You may be able to take a little of the burden off. Here is everything you need to know about tax relief. Every year in the United States, there is over $450 billion in unpaid tax debt. Over… Continue reading What is Tax Relief and How Does it Work? The Ultimate Guide
When Will the IRS File Federal Charges Against You?
It started innocently. You forgot to pay taxes for one year, and one year turned into several years. Now, the fees and penalties have accumulated, and you don’t have the money to pay the government what you owe. You are now afraid of an IRS audit and the possibility that you might go to jail.… Continue reading When Will the IRS File Federal Charges Against You?
The IRS Form 8300 and How it Works
The IRS is the arm of the Treasury Department that collects funds payable to the government. As a taxpayer, you’re required to report your income and also pay taxes voluntarily. However, Uncle Sam won’t just take the word of your taxable income. Through Form W-2, you record your income earned through wages, while the Form… Continue reading The IRS Form 8300 and How it Works
How To Get the Most Out of Tax Write-Offs
Ever wondered if you could pay even less tax than you currently do? If you are an avid follower of the latest happenings in the country, you are very much aware of the constant wranglings between politicians and huge business corporations over the exploitation of tax loopholes. Yes, the super-rich are always looking for ways… Continue reading How To Get the Most Out of Tax Write-Offs