If you owe the IRS, some amount of fear and panic is understandable. After all, the Internal Revenue Service wields the power of the United States federal government, something no other debt collector can claim. They are considered the most brutal collection agency in the world. It is easy to freeze and just do nothing […]
tax resolution
If You Can’t Pay Your Taxes, You Have Legitimate Options
If You Can’t Pay Your Taxes, You Have Legitimate Options If you can’t pay what you owe the IRS, you have some options. However, the worst thing you can do is to ignore the mail you receive from the IRS and let your tax problem go unsolved. The IRS has a great deal of power […]
Eliminate April 15 Tax Stress by using a Step-by-Step Approach
Eliminate April 15 Tax Stress – Use a Step-by-Step Approach Is it any wonder that most Americans dread April 15? The U.S. tax code contains more words than the Bible, and hundreds of new pages are added almost every year. 2021 was no exception to constant tax law changes. With all the complexity, it’s no wonder […]
Common Solutions the IRS Offers
Common Solutions the IRS Offers The old saying that, “nothing is certain in life except death and taxes” has never been more true or frightening. These days, fear of the IRS is creeping in and nothing will get your heart racing quite as fast as opening the mailbox and finding a notice from the IRS. […]
Operation Hidden Treasure: Cryptocurrency and Your Taxes
Cryptocurrency has become a popular way to invest, but the tax side of virtual coins can be difficult to navigate. The IRS has oscillated over the years on its stance on cryptocurrency, making it confusing even for the most diligent investors. In March of 2021, the IRS announced Operation Hidden Treasure in order to crack […]
Does the IRS Disagree with Your Income Figures? 7 Critical Steps to Take Next
It is one of the scariest things that can befall a taxpayer – the dreaded notice from the IRS stating you owe them more money you can’t pay. When you open up the mailbox and see the return address of the tax agency staring back at you, your heart is bound to skip a beat (or two). Few […]
3 Tips for Finding a Qualified Tax Resolution Firm
Given how high the stakes are, it is surprising how little thought many people give to their taxes. All too often, individuals simply walk into a neighborhood storefront, hand over their most personal information and trust the person on the other side of the desk to do the right thing and prepare their taxes properly. […]