The Internal Revenue Service takes time to make sure your tax situation is up to date. The tax code allows the IRS three years to verify the tax return and ten years to collect the...
Posted by Dennis Jao on 03/16/2021
A taxpayer will often end up with a huge tax bill that will be above what they can afford. This leaves most taxpayers confused on the next cost of action. Owing Uncle Sam, a sum...
Posted by Don Bell Law on 01/26/2021
Debts with the IRS come in many shapes and sizes. The most common debts owed to the IRS are back or unpaid income taxes. Now that more people are working full or part-time, overdue...
Posted by Flynn Financial Group Inc on 01/06/2021
We consider a statute of limitations as a law that places the maximum period that the people involved in a dispute need to start a legal proceeding from when an offense commenced,...
Posted by Income Taxes and Bookkeeping LLC on 01/05/2021
Are you sure that you’ll collect your full refund this Tax year? Misfiling your taxes or not being aware of the opportunities available to you can result in a smaller refund...
Posted by Abundant Wealth Planning LLC on 10/29/2020
Owing money to the IRS can be a daunting prospect when you don’t know the procedure or how to handle the debt. The consequences for neglecting to pay a debt or respond...
Posted by Don Bell Law on 10/29/2020
When it comes to taxes, people often make mistakes which are quite normal. However, when these mistakes lead the IRS to perform audits of your business or personal assets, repaying...
Posted by Carmen Garcia on 09/28/2020
Investing in collectibles could be rewarding, and users might get impressive returns. It, however, comes with a series of risks. For people smart enough to avoid the risk, they cannot...
Posted by Daniel P Vigilante CPA and Profit Consultants on 08/20/2020
Do you deserve a break from the constant pressure of the IRS? You can be entitled to one! "Currently not collectible" (CNC) is a state attributed to taxpayers that the government...
Posted by The TaxAdvocate Group, LLC on 07/01/2019
