Dealing with tax debt can be challenging and stressful for individuals and businesses. However, the Internal Revenue Service (IRS) offers several programs and options to help taxpayers...
Posted by Pat Raskob on 07/02/2023
Even the most responsible business owner can fall behind with taxes. Every year, unforeseen delays, expenses, and other financial hardships keep people from paying their taxes to the...
Posted by CORE PERFORMANCE on 12/27/2021
When a taxpayer cannot pay the tax bill (now or in the future) with future assets and monthly income, they may qualify for the I.R.S. Offer in Compromise program—providing a...
Posted by Flynn Financial Group Inc on 01/23/2021
Oh, what good news it is for taxpayers – that there is a program that allows them to pay way less than what they owe. This is called the IRS Offer in Compromise (OIC).However,...
Posted by Don Bell Law on 07/16/2020
Regardless of the decent insurance plan that you have in place, medical expenses can drain your finances and drive you up the wall. The good news is IRS gives you the freedom of deducting...
Posted by Michael Lawlor CPA PC on 05/17/2017
For most people, filing a tax return is not very much fun. Not only does it mean rummaging through the basement for that one receipt that you cannot find, but it also means having...
Posted by Michael Lawlor CPA PC on 05/10/2017
Dependent care is often just part of the process of daily life, but for some the expense can be a little difficult to handle. It can be a bit easier to swallow though, if these individuals...
Posted by Michael Lawlor CPA PC on 05/09/2017
For most Americans, tax season is over and done. If you are in a select group of people, however, you may qualify for an automatic extension for filing your taxes. There's no magic...
Posted by Christeen Seymour CPA on 05/02/2017
When it comes to taxes, most Americans believe that their government takes too much of their hard-earned money. If you compare the United States with the rest of the developed world,...
Posted by Michael Lawlor CPA PC on 04/26/2017