Blogs

Most people trust a tax return preparer to honestly handle their returns, but there are some “professionals” who want to make quick money by filing fraudulent returns. Fraudulent return preparers will use false deductions and credits to get huge refunds without the knowledge of the taxpayer. Sometimes, though, they will convince a taxpayer to collaborate... Continue reading →

Identity theft is one the most widespread tax scams in the country. Every year, thousands of taxpayers learn their identities have been stolen to carry out tax and financial crimes. In the case of a tax refund fraud, taxpayers usually realize that their identity has been stolen once they go to file a tax return.... Continue reading →

For those taxpayers that do not have the financial capability to pay their entire tax debt amount, the IRS has designed payment plans to help them resolve their back taxes. If you can only resolve your tax debt by paying a reduced amount in tax debt, you may consider payment plans such as Offer in... Continue reading →

Resolving back taxes often worries taxpayers, but if they carefully research their options, there will be less cause for stress. Considerations such as choosing the right payment plan, determining finances, and whether to hire professional assistance all factor in to finding the most affordable, sensible tax resolution.When considering resolution options, remember to review the various... Continue reading →

The IRS phone scam is the latest tax scam that shocked the nation when it was first discovered several months ago. Dubbed the largest tax scam of its kind, in this tax scam, scammers use the facade of the IRS to intimidate taxpayers to immediately pay their tax debt through wire transfer or prepaid debit... Continue reading →

Tax scammers use stolen identities to conduct tax and financial crimes such as filing fraudulent tax returns and raiding bank accounts. The basic information scammers need to file a fraudulent tax return includes tax filing status, name, and Social Security Number of a taxpayer.A scammer usually files multiple fraudulent tax returns, sometimes in hundreds, hoping... Continue reading →

Tax scammers use various means of contacting you to steal your information. Their mission is to convince you to transfer money to them on pretence of being the IRS, a law enforcement agency, a bank, etc. To protect yourself from tax scammers, you need to understand the methods they use to manipulate and deceive you.Scammers... Continue reading →

Many taxpayers use professional assistance for help resolving tax debt, particularly if their tax debt is large. Hiring expert help has obvious advantages such as better preparation of the case, representation and negotiations. When resolving a large tax debt, even when they cannot qualify for tax debt reduction plans, taxpayers can potentially pay less in... Continue reading →

To successfully resolve a tax issue, taxpayers must be aware of some of the basic IRS policies that may impact their debt. When in the process of resolving back taxes, one of the most important factors to consider is penalties and interest.The IRS charges penalties and interest each month on back taxes owed. After the... Continue reading →

When seeking tax debt resolution, taxpayers should use IRS rules and tax laws to their advantage. There are certain rules the IRS must follow for tax debt and collection. Knowing these rules helps a taxpayer avoid drastically increasing their tax debt or facing aggressive IRS collection actions, which are two consequences a taxpayer may face... Continue reading →