Tax Scams: How to Deal With Them and Protect Yourself Tax scams are one of the most usual schemes that criminals cook up. These crooks steal your personal information for different intents, ranging from posing as phony IRS agents to taking money for fake charities, tax scams can take many forms and lure hardworking taxpayers [...]
IRS Adjusted Refund Notice: What It Means and What to Do Going through your mail and seeing a letter addressed from the IRS can send you into a state of anxiety. You may be asking yourself a lot of questions as you slowly tear open the envelope. If you discover that the IRS sent a [...]
IRS Tax Liens: What They Are and How to Remove Them A tax lien is a legal claim laid by the government against your property such as financial assets, real estate, and personal property. There are other collection methods that the IRS has at its disposal and this is just one of them. When your [...]
Reporting Self-Employment Income to the IRS Every year, the IRS collects more than $2 trillion in tax revenue. In spite of this massive sum of money, the IRS will at eventually notice if you do not report your own income to the government. It may be even more enticing to avoid reporting your earnings if you [...]
Reporting Tipped Income to the IRS People who work in companies or organizations as tipped employees, ought to report both their regular income and their tips from each shift as income. If you are employed as a waiter or waitress, a casino poker dealer, a valet, bus boy, or as another commonly tipped worker, it [...]
Duties & Limitation of an IRS Revenue Officer A variety of professionals are usually employed by the IRS whose sole duty is to collect on delinquent taxes, penalties, and other monies owed to the government. IRS revenue officers play a vital role in the collection process. When you owe money to the IRS, it is [...]
Appeal Your Rejected Offer in Compromise (OIC) An Offer in Compromise or OIC can significantly reduce the effect of tax burdens on taxpayers. However, the IRS puts each OIC into consideration individually and it is capable of turning down offers for different reasons. Instead of accepting the rejection as the IRS' final determination, you can [...]
How to Resolve Unpaid Payroll Taxes with the IRS Owing back payroll taxes puts you and your business in a complex situation with the IRS. Instead of hiding away from your debts, you can deal with this duty efficiently and in a timely manner by using any of the ways to resolve unfiled payroll taxes. The [...]
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 you find yourself taken aback [...]
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 time. You can hire an [...]
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