The IRS gives the name, uncollectible/hardship status for the taxpayer hardship status for people who file taxes. With the efficient services of the IRS, they can detect people who...
Posted by The TaxAdvocate Group, LLC on 09/30/2021
While one can avoid many things in life, tax payment is not one of them. Millions of Americans owe Uncle Sam their taxes, while others are slammed with penalties every year. However,...
Posted by Income Taxes and Bookkeeping LLC on 09/10/2021
Many people would love to withdraw early from their 401(k) since they feel it is their money. However, some rules make this a bad idea. 401(k) exist in two types – Roth...
Posted by Pat Raskob on 06/11/2021
Reasonable cause is based on objective facts and circumstances. What constitutes "reasonable cause" under code section 6651 to avoid penalties for failure to file an...
Posted by The TaxAdvocate Group, LLC on 04/06/2021
For people with tax debts, it is possible that Uncle Sam will garnish some part of the wages in a process known as a continuous levy. This happens when someone does not respond to...
Posted by KLSM CPA Firm PLLC on 03/26/2021
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
Only people that are on the moon or another planet will be alien to the recent Covid-19 pandemic. Almost all economies of the world have been severely hit with various job losses and...
Posted by Income Taxes and Bookkeeping LLC on 03/18/2021
The wage garnishment on a federal student loan occurs when the employer deducts part of the payment to repay the student loan after non-payment. Please note that under the Covid-19...
Posted by Carmen Garcia on 05/19/2021
There has been a lot of talk about tax penalties under the Affordable Care Act (ACA) in recent years. You may have heard of this tax penalty known as "individual mandate."Simply...
Posted by Carmen Garcia on 05/07/2021
