You may have heard on the radio, T.V., and online, that you can settle your tax bill for less than what you owe. But are these claims really true? And can you settle your tax debt without hurting yourself in the long run? Some of the...
If you are under audit from the IRS or in receipt of a notice of additional tax due, the steps you take next could make all the difference. There is a strong temptation to ignore these communications, however, doing nothing will not make the IRS...
The Ten Commandments of an IRS Audit Behold, the IRS audit. They are rare these days. Only one out of every 184 taxpayers experienced an IRS audit in 2017, and less than a quarter of these audits are conducted in person by the IRS. For many, navigating...
There have been a lot of stories about surprised taxpayers this year, and many of those surprises were decidedly unpleasant. Taxpayers who had received large refunds for years were shocked to find that they owed the IRS money this year, sometimes thousands of dollars in...
The Protection and Fundamental Rights You Have with the IRS Did you know, as a taxpayer, you have your own Bill of Rights? The IRS has adopted a Taxpayer Bill of Rights for all of their dealings with the IRS. Chapter 5 of Now What? The...
The Taxpayer Representative: There’s More to Sailing than Leaving the Dock “Not everyone is qualified to be a captain of a ship. When you’re miles from land and things get dicey, you want an Admiral, not a weekend sailor. You need a professional who knows what...