Blogs

The IRS phone scam has shocked the IRS with its magnitude. For taxpayers, it is a reality that means picking up the phone to hear the IRS telling them to pay up immediately or face arrest. Tax scammers are using the identity of the IRS to threaten taxpayers into sharing their Social Security number, bank... Continue reading →

Tax debt can be resolved even if you cannot pay the full or any amount of tax debt. This is why the IRS will not accept excuses. The IRS has payment plans that allow tax debt reduction or postponement of tax debt. The only reasons for an unresolved tax debt can be negligence or procrastination.... Continue reading →

Avoidance of taxes is not the only reason taxpayers fall into tax debt. Miscalculations or erroneously filed tax returns also lead to a tax liability. Even though the reasons for having a tax debt can be many, the IRS does not discriminate. It will keep charging interest and penalties on any amount of taxes that... Continue reading →

When preparing taxes, it is important to fill out the information correctly so that there are no errors that can cause rejection of the tax return. It is preferable to engage the help of a tax preparer if taxpayers face difficulties in making the correct deductions, using the correct credits, choosing the most appropriate filing... Continue reading →

Low-income taxpayers, the elderly, the disabled and those who have limited understanding of English may use free tax help from the IRS during the tax season. Volunteer Income Tax Assistance (VITA) and the Tax Counseling for the Elderly (TCE) are the two programs offered by the IRS to provide free tax assistance to qualifying taxpayers.To... Continue reading →

During this tax season, tax scammers have been calling taxpayers pretending to be the IRS. If you receive a call from the IRS before April 15th, be suspicious because it might be from scammers. The IRS has received more than 20,000 reports regarding the telephone scam from taxpayers from across the country. The IRS has... Continue reading →

The new tax fraud that has been affecting taxpayers around the country is a telephone scam where the callers pretend to be from the IRS. If you receive a call from the IRS saying that you owe taxes or that you are entitled to a large refund, do not share any sensitive information with the... Continue reading →

Before filing taxes, you need to consider where your income is coming from. If any part of your income comes from one of the U.S. possessions, then you need to comply with certain specific tax rules. The U.S. possessions with specific tax rules are American Samoa, U.S. Virgin Islands, Puerto Rico, Guam and the Northern... Continue reading →

The IRS has many payment plans for the resolution of the tax debt, some of which do not involve its full payment. The resolution of a case with tax debt relief depends on the unique circumstances of the taxpayer. For example, a taxpayer that does not have enough income or assets to pay the full... Continue reading →

Resolution of tax debt can be achieved through various methods, but for every case, there is usually one method that is the most advantageous. After choosing the most appropriate method to resolve a tax debt case, it is essential to represent the case professionally and negotiate its terms and conditions with the IRS, if required.... Continue reading →