In the United States, Internal Service Revenue (IRS) is a government agency under the Department of Treasury which is tasked with collecting revenue and administer the Internal Revenue...
Posted by Abundant Returns Tax Service on 05/30/2018
IRS has the standards for you to have a clean sheet on the tax and receive the discount. The main standard is the offers in compromise also known as OIC. IRS considers the amount of...
Posted by Duce Taxes & Accounting on 03/01/2018
Couples who file a joint tax return are jointly liable for any tax debt. However, the law provides a way for a spouse to be relieved of a liability separate from his or her spouse....
Posted by Peter J. Marchiano, Jr., CPA on 02/14/2018
Anytime you have debts that have accrued due to unpaid taxes; you will feel stressed by the situation. In such a situation, it is best to find out what options are available to you...
Posted by Advantage Tax Service on 02/01/2017
What Is The ILIT? The ILIT is short form for Irrevocable Life Insurance Trust. As its name implies, once constructed this trust fund is not revocable, nor may you...
Entrepreneurship can be real rewarding when it comes to freedom and financial stability, however, if you own a small business, and it has kicked off really well, there is one thing...
Are you an American native planning a move overseas or are you already living abroad? Do you have years of pendingtax returns? Even though it may seem tempting, you should never ignore...
It is a legal requirement that the Internal Revenue Service occasionally examines your tax return to verify that your income values and details on deductions are correct. In such a...
Posted by Shannel Reed on 01/13/2016