Tax Relief Blog
Importance of IRS Tax Attorneys in Small Businesses
Why Businesses Should Hire an IRS Tax Attorney There is a feeling of satisfaction in owning a business. When you own and manage your own business, you are required to be in control of every last data. This includes filing and paying your business's taxes on time without failing. However, when [...]
Hints to Getting an IRS Tax Attorney
How to Choose the Right IRS Tax Attorney It could be really difficult dealing with financial hardship particularly tax issues can be overwhelming and annoying. Rather than face the situation on your own, you may want to hire someone like a tax resolution specialist to help you through the trying [...]
Dealing with IRS Penalties When your Tax Preparer Makes an Error
What to Do If Your Tax Preparer Makes a Mistake It takes a great deal of professionalism for your tax expert to prepare your tax returns accurately and without mistakes. When errors occur, however, this might get you wondering how they can affect you as a taxpayer and the steps [...]
The Implications of Missing the October 15 Extended Tax Filing Deadline
What Happens If You Miss the Tax Filing Extension Deadline? Every year, the IRS grants taxpayers until April 15 to correctly file and pay their federal income taxes. People who cannot meet up with this deadline to file due to certain reasons can request an extension until October 15 by [...]
Consider Innocent Spouse Relief If Your Spouse Owes Back Taxes
IRS Spouse Tax Relief Options Explained Getting married is a beautiful commitment and it certainly means sharing your life with your spouse in so many ways than you planned. You may be joining two separate households, including your finances. If you did not discuss it before you gave your consent [...]
IRS Letter 6174-A for Cryptocurrency Taxes
IRS Letter 6174-A and Cryptocurrency Tax Reporting Getting a letter from the Internal Revenue Service is certainly one that drives fear down your spine. You should not panic as not all notices completely victimize you. If you receive the Letter 6174-A, it just implies that the IRS believes you may [...]
IRS Compliance Campaigns
IRS Compliance Campaigns and Taxpayer Risks The IRS constantly makes announcements to create awareness and put fear into the American taxpayer. The IRS has launched over 59 campaigns to date. Recently, the IRS announced a slate of six compliance “campaigns” from its Large Business and International (LB&I) Division, which makes [...]
Grounds the IRS Will Audit You
Common IRS Audit Triggers and How to Avoid Them If you have already filed your taxes for this year, you do not need to panic as none of the following applies to your tax return. But if you have not filed your taxes for this year, you still have time [...]
IRS Letter Holding Refund for Review – Learn About Notice CP05
IRS Letter Holding Refund for Review The purpose of IRS Notice CP07 is to let taxpayers know that their tax refund is being held until the IRS can complete a more thorough review of the benefits claimed under a treaty and/or deductions claimed on the taxpayer’s Schedule A. This usually [...]
IRS Letter 2257C
IRS Letter 2257C: Balance Due Total to Taxpayer Letter 2257C means “Balance Due Total to Taxpayer”. This letters 2257C are responses to your oral or written request for a pay-off amount for any balance due you have to the IRS. The total amount reflected in your letter is how much [...]
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