Are you selling an asset? Avoiding Real Estate Capital Gains Tax in 2022It's great to get a good price for your home, but in some cases, the IRS may want some of the action. Indeed,...
Posted by CORE PERFORMANCE on 02/08/2022
The Restructuring and Reform Act of 1998 marked a change that mandated Uncle Sam to adjust how it treated taxpayers. Uncle Sam must fully communicate with taxpayers and grant them...
Posted by Karen Munoz, EA on 12/18/2021
A letter from the IRS is rarely a good thing. One of the worst missives to get from the tax man is the CP90 – Final Notice Before Levy. It is a final warning shot to scare...
Posted by Tax Crisis Rescue on 11/06/2021
If an individual meets the criteria for foreign income exclusion, they can enjoy this tax benefit. This exclusion also entails the foreign housing exclusion and the foreign housing...
Posted by CORE PERFORMANCE on 10/09/2021
Uncle Sam has a series of collection methods in its arsenal, and two of the most common and aggressive tools are tax lien and levy. Sadly, Uncle Sam is far from being gentle with any...
Posted by Carmen Garcia on 06/06/2021
Tax is an issue most Americans hate dealing with; yet, no magic can exclude one from paying taxes. However, it might be pretty frustrating having to try your best to fulfill your tax...
The tax that exists on all business income differs in various states. While some US states tax corporations strictly, others tax many forms of businesses. Various states have different...
A tax levy is any collection employed by Uncle Sam and other tax authorities like the state treasury to settle tax debts that people owe.The process involves collecting and seizure...
If you owe a debt to a lender, such as a loan, hospital bill, or credit card, you can't automatically garnish your wages. Instead, the creditor needs to sue you first and get a...