OPTIONS FOR IRS TAX RESOLUTION
Owing money to the IRS can be really expensive. In real fact, many taxpayers try to dodge filing their tax returns in hopes of staying unnoticed. But the IRS takes taxes quite seriously, saying, “If you cannot afford the full amount of taxes you owe, you should still file your return [...]
What are the four types of innocent spouse relief?
What are the four types of innocent spouse relief? Taxpayers are usually required to file a joint tax return when they are married. Unfortunately, many married taxpayers do not have knowledge of this. A joint tax return offers more financial advantages to couples. However, when spouses file a joint tax return, [...]
Non-Resident Taxes: What You Need To Know
In some situations, immigrants might be required to pay taxes. Here are some common cases and some information about how to file. ● Why Should I File Taxes? You may be going against tax law if you don't file and due to this, you may have to pay extra money [...]
How to Access Your Tax Records from the IRS
The IRS recommends that people ought to keep copies of their tax returns. Still, if you cannot find your copies or you would like to have extras on hand, you have the right to ask for them from the government. Before you get in touch with the IRS to ask for [...]
IRS Tax Fraud
The IRS customarily brings criminal tax charges against preparers. Tax fraud is serious crime for the accused and for their clients, especially if the client was aware, or should have known that a false tax return was filed on their behalf. Here are a couple of recent prosecutions by the [...]
What is Tax Fraud?
The term Tax Fraud is more than just a mere error; it is a purposeful attempt to avoid tax obligations. The main idea behind a tax fraud claim is that the person accused of the crime purposefully or intentionally committed acts to stay away from tax obligations. Instances include failing [...]
What is Wage Garnishment?
When you have a tax debt which you owe the IRS, there is a likely chance that the IRS will garnish part of your wages in what is known as “continuous levy.” If you do not respond to their request for repayment, the IRS will send a notice your employer [...]
Rules and Eligibility for IRS Tax Hardship
Having the IRS go after you is never an exciting experience. The constant pressure of the federal government can be extremely stressful and often intimidating, causing back tax relief seems nearly impossible to achieve. Many taxpayers are ignorant of IRS hardship procedures introduced by the IRS hardship program, as well [...]
IRS Tax Relief: How it Works
Tax relief is basically about setting up a payment plan or negotiating a settlement with the IRS. It's not about eliminating your tax obligation. Rather, it's about easing the burden of the tax debt you owe the IRS. Individuals who are victims of natural disasters, such as hurricanes and wildfires, [...]
Settling Your Back Taxes Payments with the IRS
Taking a look at recent years, it can be agreed that the Internal Revenue Service (IRS) has been more open to working out late tax payments, usually by installment agreements. But you have to address the problem up front, be proactive in how you negotiate, and not keep the IRS [...]
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