A federal or state law provides taxpayers with procedural and substantive safeguards when dealing with a Department of Revenue in a tax collection dispute.Perceived abuses by the IRS...
Posted by Abundant Wealth Planning LLC on 05/27/2022
If you have kids or other dependents under the age of 17, you may be eligible for the child tax credit. It was extended as part of the American rescue plan, which was signed by President...
Posted by Dennis Jao on 01/01/2022
Failure to comply with the tax declaration deadline or non-payment of the entire tax bill can have serious consequences. The Internal Revenue Service (IRS) recommends filing unpaid...
Posted by Taxes Made EZ Inc on 12/18/2021
The Consumer Financial Protection Bureau (CFPB) is responsible for overseeing financial products and services provided to consumers. The CFPB is divided into several units: Investigation,...
Posted by Abundant Wealth Planning LLC on 09/10/2021
Uncle Sam allows small businesses to defer tax payment in a series of ways. Here are four methods to make this happen:Apply for a Payment Plan (Short Term)You can defer your tax payment...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/31/2021
In dealing with the IRS, it often seems like the government is almighty. However, all taxpayers have their Right and knowledge of this can change your interaction with Uncle Sam.Terms...
Posted by Taxes Made EZ Inc on 07/31/2021
Tax relief is a broad term that includes IRS programs designed to allow taxpayers to pay off their tax debts by reducing taxes owed or dividing the debt into affordable payments. If...
Posted by Dennis Jao on 04/26/2021
What is Welfare?Welfare refers to various government programs that provide financial or other assistance to individuals or groups who cannot support themselves. Welfare assistance...
Posted by Dennis Jao on 03/26/2021
Not many people know how the Taxpayer Advocate Service (TAS) works and what types of cases it handles. Some have indicated that they see the TAS as primarily concerned with low-income...
Posted by Dennis Jao on 11/30/2020
