A new report by the Inspector General says that the Internal Revenue Service is currently doing business with 1168 vendors who owe back taxes. The … Read More
Offer in Compromise
We recently attended a seminar put on by the service regarding Offers in Compromise. In 2013 the IRS received approximately 74,000 offers. 45% of the … Read More
WHAT TO EXPECT FROM AN IRS TAX COLLECTOR
I have dealt with Iris tax collectors (Also known as revenue officers) From all across the country for years. Most of them are honest people … Read More
NEW TAX LAWS YOU SHOULD KNOW ABOUT
1. The child tax credit of $1000 per child under 17 is now permanent. $1000 is the maximum. If you are married filing joint and … Read More
IRS NOT PROTECTING TAX PAYER INFORMATION
The treasury inspector general for tax administration says that the IRS has not implemented eight out of 19 recommended fixes from previous audits in order … Read More
YOU ARE BEING AUDITED… WHAT DO YOU BRING?
If you are going through an audit, One very important question is what do you bring with you? Typically the audit notice will give you … Read More
FIELD AUDIT?
If you get a letter from the service telling you they want to audit you at your home or business then you have been chosen … Read More
REDUCE YOUR TAX DEBT
Everybody wants to reduce their tax bill with the IRS. But you can’t just call the IRS And say let’s make a deal. You have … Read More
WHY THE IRS REFUSES INSTALLMENT AGREEMENTS
Installment agreements are not usually the best solution for a tax Problem. But some people want them anyway. If you all more than $25,000 the … Read More