Tax Implications of Divorce or Separation: How Debt and Credits Get Allocated
Divorce is never easy, emotionally, financially, or legally. But one of the most overlooked aspects of separation is how taxes [...]
IRS Tax Relief Forms: Request Tax Relief
The IRS collection process can be overwhelming, but the right tax relief form is your first step to a solution. [...]
Tax Relief Programs and Terms Glossary
The world of tax debt is full of confusing terms and industry lingo. It’s hard to know what the IRS [...]
What Happens When You Don’t File Your Tax Returns?
What Happens When You Don’t File Your Tax Returns? Falling behind on filing your tax returns may feel like [...]
Form 843: IRS Penalty Relief Explained
Getting hit with unexpected IRS penalties can be overwhelming, especially if you think you had a good reason for being [...]
Can You Go to Jail for Unfiled or Unpaid Taxes?
Missing a tax deadline can happen for many reasons, such as financial hardship, confusion or even simple oversight. While most [...]
What Is CBE Debt Collection Group & What Happens When They Contact You?
What Is CBE Debt Collection Group & What Happens When They Contact You? If you’ve received letters or calls from [...]
What the IRS Doesn’t Tell You About Its 10-Year Limit on Collecting Back Taxes
What the IRS Doesn’t Tell You About Its 10-Year Limit on Collecting Back Taxes Dealing with unpaid tax liability can [...]
What are Delinquent Taxes?
What are Delinquent Taxes? Delinquent taxes are unpaid tax liabilities that are past due. If you don’t pay or file [...]
Negotiating Tax Debt with the IRS: How to Pay What You Owe
Negotiating Tax Debt with the IRS: How to Pay What You Owe Owing the IRS can be overwhelming, especially when [...]
Understanding IRS Notice Types: What CP14, CP501, CP2000, and Other Letters Mean (And What to Do)
Nothing raises anxiety quite like finding an IRS letter in your mailbox. For many taxpayers, the confusing codes - CP14, [...]
What Happens During an IRS Audit: Step-by-Step Guide & How to Respond Properly
Few words strike fear in taxpayers like “IRS audit.” Whether you’re an individual filer or a small business owner, receiving [...]
Tax Relief for Small Business Owners: Navigating Payroll Tax, Estimated Tax & Audit Risk
Running a small business is one of the most rewarding ventures you can take on, but it comes with unique [...]
How to Prepare for the End of the Tax Year: Planning to Avoid Back Taxes & Penalties
As the calendar winds down, most people focus on holidays, family, and closing out the year at work. But if [...]
State-by-State Overview: Inheritance and Estate Tax Pitfalls
Inheritance and estate taxes vary widely by state, and misunderstanding the rules can lead to expensive surprises. Some states have [...]
Tax Relief Options for Freelancers and Independent Contractors
Freelancers and independent contractors face unique tax challenges—from managing inconsistent income to covering the full cost of self-employment taxes. Understanding [...]
How the Inflation Reduction Act Impacts Tax Relief Programs in 2025
The Inflation Reduction Act of 2022 (IRA) transformed tax law, delivering sweeping tax incentives and bolstered IRS capabilities that are [...]
Common IRS Tax Relief Scams and How to Avoid Them
When you’re facing IRS tax debt, the promise of a “quick fix” can be tempting. Unfortunately, this urgency makes taxpayers [...]
The Truth About Bankruptcy and IRS Tax Debt
If you're struggling with overwhelming IRS tax debt and considering bankruptcy, you're not alone. Every year, thousands of Americans [...]
How to Reduce Your IRS Tax Debt Without Going to Court
If you owe the IRS $10,000 or more, the stress can feel unbearable. Letters pile up, penalties grow, and you [...]
Understanding the IRS Statute of Limitations on Tax Assessments: What Every Taxpayer Should Know
Every taxpayer needs to understand the IRS Statute of Limitations which determines when the government can assess taxes. At Tax [...]
Navigating the IRS Voluntary Disclosure Program with Tax Law Advocates
Tax Law Advocates provides assistance to taxpayers who need help with criminal tax exposure issues. The IRS Voluntary Disclosure Program [...]
Tax Planning Strategies for High-Income Earners: Minimizing Liability and Avoiding Tax Debt
High-income earners must use proper tax planning methods to decrease their tax burden while stopping their tax debt from becoming [...]
Navigating Tax Obligations During Divorce Proceedings
At Tax Law Advocates, we understand that divorce is more than just an emotional upheaval. It's a financial and legal [...]
What to Do If the IRS Rejects Your Offer in Compromise
An Offer in Compromise (OIC) is an agreement with the IRS that allows taxpayers to settle their tax debts for [...]
Tax Law Advocates vs. Tax Relief Advocates: A Comparison Of Two Different Tax Debt Relief Companies
When it comes to resolving tax debt, choosing the right support can make all the difference. Tax Law Advocates and [...]
How to Use the Taxpayer Advocate Service for IRS Disputes
Dealing with the Internal Revenue Service (IRS) can be challenging, especially when standard procedures fail to resolve your tax issues. [...]
How to Avoid Common Mistakes When Filing Self-Employment Taxes
Filing taxes as a self-employed individual comes with unique responsibilities and potential pitfalls. At Tax Law Advocates, we understand the [...]
How to Protect Your Home from an IRS Tax Lien
Guidance on the Legal Implications of a Federal Tax Lien and Strategies to Remove or Avoid Them For homeowners struggling [...]
The Consequences of Ignoring an IRS Audit Notice
Receiving an audit notice from the Internal Revenue Service (IRS) can be unsettling. However, ignoring such a notice can lead [...]
IRS Hardship Program Relief for Taxpayers in Distress
If you’re overwhelmed by IRS debt and struggling to cover basic living expenses, the IRS Hardship Program—officially known as Currently [...]
Understanding the Statute of Limitations on IRS Collections
How Long the IRS Can Pursue Tax Debts and What That Means for Taxpayers If you owe back taxes to [...]
Business Tax Audits Preparing and Responding Effectively
An IRS business tax audit can feel like a high-stakes situation—but with the right preparation and expert support, it doesn’t [...]
How to Appeal an IRS Tax Dispute: A Step-by-Step Guide
Receiving an unfavorable IRS decision can be frustrating, especially if you believe the tax agency made an error. Fortunately, the [...]
How to Deal with Unpaid Taxes from Previous Years
If you have unpaid taxes from previous years, you’re not alone. Many taxpayers find themselves in this situation due to [...]
How to Respond to an IRS Subpoena or Summons
Receiving an IRS subpoena or summons can be an intimidating experience. If the Internal Revenue Service (IRS) contacts you with [...]
How Tax Laws Are Changing: What You Need to Know for the Upcoming Tax Year
Tax laws change regularly, and staying informed is essential to ensuring compliance while maximizing deductions and credits. Whether you’re an [...]
Avoiding Tax Scams: What Taxpayers Need to Know
Tax season isn’t just a time for filing returns and receiving refunds—it’s also prime time for scammers looking to [...]
Understanding Tax Penalties and How to Avoid Them
Tax penalties can quickly turn an already stressful situation into a financial nightmare. Whether due to late filing, underpayment, [...]
Navigating Tax Obligations for Freelancers and Gig Workers
The rise of the gig economy has provided millions of workers with the flexibility to work on their own [...]
The Role of Tax Law Advocates in Fighting Wage Garnishments
Wage garnishments can be financially devastating, leaving individuals struggling to make ends meet. When the IRS seizes a portion [...]
Resolving Tax Debt After Retirement: What Seniors Need to Know
Retirement is a time for relaxation and financial stability, yet for many seniors, lingering tax debt can create stress and [...]
Tax Deductions You Might Be Missing: A Comprehensive Guide for Individuals and Businesses
Tax season can feel overwhelming, but one surefire way to reduce your stress (and your tax liability) is to ensure [...]
Navigating the Tax Implications of Debt Forgiveness: What Taxpayers Need to Know
Debt forgiveness can bring enormous relief when you’re struggling with financial obligations. But it can also create hidden tax burdens [...]
Understanding IRS Tax Levies: How to Protect Your Property and Assets
Receiving a notice from the IRS is rarely a pleasant experience, but few situations are more stressful than learning that [...]
Tax Debt in Divorce: Who’s Responsible and How to Resolve It
Divorce is challenging enough without adding complicated tax issues into the mix. Yet, it’s an all-too-common scenario: a couple parts [...]
How to Handle Payroll Tax Problems for Small Businesses
Running a small business means juggling many responsibilities. Payroll tax compliance must be one of them. Payroll taxes include federal [...]
The Hidden Costs of Ignoring IRS Notices: Why Immediate Action Matters
It’s often said that what you don’t know can’t hurt you. Unfortunately, when it comes to the IRS, ignorance or [...]
How IRS Payment Plans Work and How to Apply for One
Owing taxes to the IRS can be stressful. The agency offers payment plans to help taxpayers manage their financial obligations [...]
Should You Prepare for an IRS Tax Audit in 2025?
As 2025 approaches, the IRS is gearing up to implement new strategies, technologies, and regulations that will significantly influence how [...]
How 2025 Could Change the Way You Do Taxes
As the tax landscape continues to evolve, the year 2025 is poised to bring significant changes that could dramatically impact [...]
Potential Changes to Tax Codes in a Trump Administration: What Taxpayers Need to Know
As former President Donald Trump’s tax policies take center stage again, taxpayers and businesses across the country are preparing for [...]
IRS Fresh Start Program: Is It Right for You?
Dealing with tax debt is overwhelming and stressful when you have no idea how to pay what you owe. The [...]
Offer in Compromise: Is It the Right Tax Solution for You?
Dealing with tax debt can be overwhelming, especially when you cannot pay the full amount you owe. Fortunately, the IRS [...]
Navigating Back Taxes: What to Do If You Owe the IRS
Owing back taxes to the IRS can be an overwhelming and stressful experience, especially if the amount is significant. However, [...]
How to Avoid Tax Penalties: Common Mistakes and How to Fix Them
When filing taxes, even minor errors can lead to costly penalties from the IRS. Whether it's missing a deadline, miscalculating [...]
State and Federal Tax Considerations: Closing Out 2024 with Confidence
As 2024 draws to a close, both individuals and businesses are facing an array of tax considerations influenced by an [...]
Preparing for Tax Season: Essential Steps to Take Before December 31st
As the end of the year approaches, it’s crucial to get your tax affairs in order. December 31st marks a [...]
Navigating Tax Law Changes in 2024: What You Need to Know for the New Year
The tax landscape is constantly evolving, and 2024 brings a variety of changes that could significantly impact taxpayers. Whether you're [...]
Year-End Tax Strategies: Maximizing Deductions and Credits Before 2025
As 2024 draws to a close, taxpayers across the country are thinking about how to maximize deductions and credits to [...]
The Impact of Tax Reform on Small Businesses
The landscape of tax law has undergone significant transformations in recent years, bringing about substantial changes that directly impact small [...]
Tax Considerations for Freelancers and Gig Economy Workers
The gig economy has revolutionized the modern workforce, offering flexibility, autonomy, and diverse income streams. Whether you’re driving for a [...]
Tax Planning for Retirement: Strategies and Considerations
Retirement planning is a critical aspect of financial management that can significantly impact your quality of life in your later [...]
Tax Implications of Divorce and Alimony Payments
Divorce brings significant changes to various aspects of life, including your financial and tax situations. Understanding the tax implications of [...]
Understanding Alternative Minimum Tax (AMT): Who Is Affected?
Trying to navigate the US tax system can be overwhelming, especially when it comes to the Alternative Minimum Tax (AMT). [...]
Educational Expenses and Tax Benefits: What Can You Deduct?
Investing in education is one of the most significant decisions you can make, not only for personal and professional growth [...]
The Impact of Major Life Events on Your Taxes: How Events Like Marriage, Childbirth, and Buying a Home Affect Your Tax Situation
Life is a journey filled with significant milestones, each bringing its own set of challenges and rewards. While we often [...]
The Benefits and Drawbacks of Tax Software vs. Professional Help
As tax season approaches, taxpayers are faced with the age-old question: Should they file their taxes using DIY tax software [...]
IRS Levy Causing Hardship? Here’s What You Need to Know
If you're facing an IRS levy that’s causing financial hardship, it’s time to take action. The IRS can be a [...]
Understanding the Earned Income Tax Credit (EITC): Are You Eligible?
The Earned Income Tax Credit (EITC) represents a crucial financial lifeline for many low- to moderate-income workers. Despite its importance, [...]
Separating Fact from Fiction: Do You Really Get a Bigger Refund If You File Early?
Regarding filing taxes, some many myths and misconceptions start circulating among taxpayers. One prevalent belief is that filing your tax [...]
The Truth About Tax Audits: Are You More Likely to Get Audited?
The words “IRS audit” scare many taxpayers. Stories of draining audits that leave people stressed and broke make the idea more frightening [...]
Can You Deduct All Medical Expenses? Understanding IRS Rules and Thresholds
When it comes to tax season, many taxpayers are eager to take advantage of deductions that can reduce their taxable [...]
The Myth of the ‘Tax-Free’ State: Understanding State and Local Tax Obligations
When considering a move to a state with no income tax, the appeal is clear: more money in your pocket. [...]
Inheritance Tax: Understanding Your Obligations
Inheritance tax, often referred to as the death tax or federal estate tax, is a significant consideration if you are [...]
Forging a Path to Financial Recovery: TLA’s Expertise in IRS Forgiveness Program
Are you feeling overwhelmed by mounting debts, struggling to keep up with credit card bills, student loan payments, or other [...]
Tackling Tax Troubles: TLA’s Proven Methods for Achieving Tax Debt Resolution
Are you grappling with the burden of unresolved tax issues? If so, you're not alone. Millions of individuals and businesses [...]
A Clean Slate: Navigating IRS Debt Forgiveness with TLA
Are you grappling with IRS debt and searching for a way out? The weight of back taxes owed to the [...]
Starting Anew: TLA’s Roadmap to Success with the IRS Fresh Start Tax Program
In today's financial landscape, owing taxes to the IRS can be a daunting prospect. The pressure of mounting debts, coupled [...]
Beyond Debt: TLA’s Path to Financial Recovery
Rebuilding financial health after facing IRS debt can be a daunting task, but with the right guidance and expertise, it's [...]
Understanding Currently Not Collectible (CNC) Status: A Lifeline for Taxpayers in Financial Hardship
Facing tax debt can be overwhelming, especially when financial hardship makes it impossible to meet IRS obligations. In such situations, [...]
Navigating IRS Debt: Tax Law Advocates’ Expert Strategies for Financial Freedom
The following guide presents expert methods to handle IRS debt which will lead to financial independence. People face IRS debt [...]
Navigating IRS Penalties: How Tax Law Advocates Can Help You Find Relief
Dealing with IRS penalties can be a daunting and stressful experience for taxpayers. From failure to file penalties to accuracy-related [...]
Expert Penalty Relief: How Tax Law Advocates Help Taxpayers Navigate IRS Penalties
Dealing with IRS penalties can be a daunting experience for individuals and businesses alike. From late filing to underpayment of [...]
Mastering Tax Compliance: Tax Law Advocates’ Methodical Approach to Tax Preparation
Tax compliance is a fundamental aspect of financial responsibility for individuals and businesses alike. Non-compliance can lead to severe consequences, [...]
Navigating Tax Challenges with Tax Law Advocates: A Comprehensive Overview of Our Services
Tax issues can be overwhelming, but you don't have to face them alone. At Tax Law Advocates, we specialize in [...]
Tax Law Advocates: Your Trusted Partner in Tax Resolution
Navigating tax issues can be daunting, but at Tax Law Advocates, we're here to ease your burden and provide personalized [...]
The Offer in Compromise Program: How Tax Law Advocates Can Assist You
Tax debt can feel like an insurmountable obstacle, but solutions are available to help you overcome it. One such solution [...]
IRS Debt Forgiveness: A Comprehensive Guide with Tax Law Advocates
Are you burdened with IRS back taxes, facing wage garnishment, bank levies, or property liens? The weight of IRS debt [...]
Navigating Assessment Correction: Your Guide to Tax Relief with Tax Law Advocates
Dealing with tax assessments can be overwhelming, especially when faced with penalties and mounting tax debt. Fortunately, Tax Law Advocates [...]
Ensuring Fairness and Accuracy in Tax Assessments with Tax Law Advocates
Tax assessments are pivotal in determining individuals' tax liabilities, but errors in this process can lead to undue financial burdens. [...]
Tax Liens and Levies: How Tax Law Advocates Can Help You Reclaim Financial Freedom
Tax liens and levies can be daunting obstacles for individuals, threatening their financial stability and peace of mind. In this [...]
IRS Audits: How Tax Law Advocates Provide Peace of Mind
Facing an IRS audit can be a daunting experience for any taxpayer. The prospect of scrutiny from the Internal Revenue [...]
Mastering Tax Season: A Stress-Free Guide to Efficient Document Preparation and Organization
Tax season often evokes feelings of stress and anxiety for many individuals. However, navigating the tax filing process can be [...]
Tax Debt: Your Guide to Relief with Tax Law Advocates
Tax debt can feel like a heavy burden, especially when it exceeds $10,000. The stress of owing substantial amounts to [...]
Fresh Start FAQs: Navigating Tax Debt Relief with Tax Law Advocates
The burden of significant tax debt can be overwhelming, affecting various aspects of your financial well-being. However, there's a glimmer [...]
Beyond April 15: Year-Round Tax Strategies for Individuals
The common belief that your tax fate is sealed by December 31 is a misconception. While it's true that certain [...]
Fresh Start vs. Financial Strain: How Tax Law Advocates Changes the Game
The burden of tax debt can be an overwhelming and isolating experience. The IRS Fresh Start Program, initiated in 2011, [...]
From Tax Stress to Fresh Start Success: How Tax Law Advocates Transforms Lives
Navigating the complexities of tax debt can be a daunting task, often causing not just financial strain but also emotional [...]
Unearth the Hidden Gems: Overlooked Tax Credits That Could Save You Thousands
When it comes to taxes, most people are familiar with common deductions, but did you know there are hidden gems [...]
Energy-Efficient Home Improvements and Tax Credits
Homeownership means pride, responsibility and opportunity. Beyond regular maintenance, energy efficiency is an area to address. Not only is this [...]
Navigating the Tax Landscape: A Comprehensive Guide to Rental Income and Taxation
Owning rental real estate is a lucrative venture, but it comes with federal tax responsibilities that every landlord should be [...]
Mastering Health Savings Accounts (HSAs): A Comprehensive Guide to Tax-Advantaged Healthcare and Retirement Planning
In the intricate landscape of healthcare expenses and retirement planning, Health Savings Accounts (HSAs) emerge as a powerful tool, offering [...]
Maximizing Educational Dreams: A Comprehensive Guide to Tax Planning for Education Expenses
Embarking on the education journey is a significant investment in time and money. Understanding the tax benefits of saving for [...]
Navigating Tax Waters Abroad: Strategies for U.S. Expatriates with Tax Law Advocates
Living overseas brings new experiences, but it also creates new financial obligations. One of the biggest challenges is tax compliance. [...]
How Tax Law Advocates Can Help Maximize Your Retirement Benefits
Retirement is a well-deserved phase in life where you can relax and enjoy the fruits of your labor. Your retirement [...]
Understanding the Tax Consequences of Renting vs. Selling Your Property
At some point in life, you might face a significant decision: whether to rent or sell your property. Factors such [...]
Maximizing Wealth: Tax Strategies for Real Estate Investors with Tax Law Advocates
Investing in real estate has long been an effective way to build wealth, and one of the secrets to achieving [...]
Unlocking Tax Benefits Through Charitable Giving: How Tax Law Advocates Can Guide You
Charitable giving is a powerful force for addressing critical needs in our communities, and it's a cornerstone of philanthropy in [...]
Maximizing Tax Deductions for Home-Based Businesses: How Tax Law Advocates Can Help
Running a business from the comfort of your own home offers numerous advantages, from flexibility to reduced overhead costs. What [...]
The Role of Tax Law Advocates in Resolving Tax Debt Issues
Tax debt can be a heavy burden, causing stress and financial strain for individuals and businesses. The good news is [...]
Tax Law Advocates’ Approach to Sustainable Tax Practices
In a world increasingly focused on environmental, social, and governance (ESG) initiatives, sustainability isn't just a buzzword – it's a [...]
Tips for Maximizing Tax Deductions for Small Businesses
Running a small business comes with its unique challenges, and one critical aspect of managing your finances is maximizing available [...]
Tax Law Advocates’ Guide to Tax-Efficient Estate Planning
Estate planning is a topic that often doesn't receive the attention it deserves until it's too late. Many individuals and [...]
Tax Planning for Freelancers and Gig Workers: A Guide by Tax Law Advocates
The rise of the gig economy has transformed the way many people work. From driving for rideshare companies to offering [...]
The Regulation and Taxation of Cryptocurrency: What You Need to Know
In recent years, the world of cryptocurrency has exploded in popularity, with Bitcoin, Ethereum, and NFTs making headlines and drawing [...]
Should I File an Amended Return? Your Comprehensive Guide
Tax season can be a stressful time, and it's not uncommon to make errors or omissions on your tax [...]
Can the IRS Visit You Unannounced? Understanding Recent Policy Changes
The IRS (Internal Revenue Service) is a vital institution responsible for collecting taxes and ensuring compliance with tax laws. [...]
IRS Fresh Start Program: Your Path to Tax Relief with Tax Law Advocates
Taxes are an unavoidable aspect of life, and there may come a time when you find yourself struggling to pay [...]
Uncovering Hidden Taxable Events: What You Need to Know
Taxes are an inescapable part of life, often causing financial pain for individuals and businesses alike. A recent Gallup poll [...]
States with the Lowest Income Tax Rates
Understanding income tax rates is pivotal in shaping your financial decisions. Tax Law Advocates bring their expertise to the forefront, [...]
States with the Highest Income Tax Rates
Understanding state income tax rates is a critical component of managing your personal finances effectively. Different states impose varying levels [...]
Can The IRS Lower My Credit Score? A Perspective from Tax Law Advocates
Maintaining a strong credit score is essential for your financial well-being. It influences whether you can secure loans, mortgages, or [...]
5 Essential Steps Recommended by Tax Law Advocates When the IRS Contacts You About Owed Money
Facing a call from the Internal Revenue Service (IRS) notifying you of owed money can be a nerve-wracking experience. In [...]
Simplest Way To Catch Up If You Owe The IRS
When it comes to taxes, things can get overwhelming, and for some, staying current with IRS payments might become challenging. [...]
Tax News Roundup for August 2023
Do You Owe The IRS $10,000 Or More? Tax Law Advocates has saved taxpayers millions of dollars in tax debt [...]
Safeguarding Your Finances: 5 Essential Tips to Avoid Tax Fraud
Understanding Tax Fraud and Its Consequences Tax fraud is a serious offense that can lead to severe penalties, including fines [...]
How to Report Gambling Winnings to the IRS: A Comprehensive Guide
Winning money from gambling is exciting, but it comes with tax responsibilities. The IRS requires all gambling winnings to be [...]
Texas Tax Settlement: Resolving Tax Debt with Tax Law Advocates
If you’re facing tax debt in Texas, you’re not alone. Thousands of individuals and businesses across the state struggle with [...]
Florida Tax Settlement: Resolving Tax Debt with Tax Law Advocates
Are you burdened with tax debt in the state of Florida? Is the weight of unpaid taxes causing you financial [...]
New York Tax Settlement: Settling Tax Debt with the State
Tax debt in New York can be overwhelming. But there are settlement programs that allow eligible taxpayers to negotiate with [...]
California Tax Settlement: Negotiating with the State for Debt Reduction
Dealing with tax debt can be overwhelming, especially when it involves the state of California. If you find yourself burdened [...]
The Benefits of Hiring an IRS Tax Debt Expert
When it comes to dealing with IRS tax debt, seeking professional assistance from an experienced IRS tax debt expert can [...]
Offer in Compromise: A Great Solution for Resolving IRS Tax Debt
Are you struggling with overwhelming IRS tax debt? Is the burden of your tax obligations taking a toll on your [...]
How to Stop IRS Wage Garnishment: Get Immediate Relief
Wage garnishment by the IRS can be a distressing experience, as it directly impacts your income and financial well-being. However, [...]
How to Reduce IRS Tax Debt: Strategies from Tax Law Advocates
Dealing with IRS tax debt can be overwhelming, but with the right strategies, you can take control of your financial [...]
How To Calculate IRS Late Penalties
Falling behind on your taxes can be stressful. The IRS doesn’t just expect payment; it also adds penalties and interest [...]
Back Taxes: What They Mean & How Tax Law Advocates Can Help
Back taxes are unpaid taxes from previous years. If you owe back taxes, you may be worried about penalties, interest [...]
Penalties for Not Paying Quarterly Taxes
Failure to pay taxes can result in severe consequences, including penalties and interest charges, wage garnishment, and even legal action. [...]
IRS Form 5472: An Overview
IRS Form 5472 is formally known as the “Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged [...]
IRS Form 3520: An Overview
IRS Form 3520 is the “Annual Return To Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts.” It reports certain [...]
IRS Form 6166: An Overview
IRS Form 6166, also known as a "Certification of U.S. Tax Residency," is a tax form issued by the Internal [...]
IRS Form 8863: An Overview
IRS Form 8863: An Overview IRS Form 8863, also known as the "Education Credits (American Opportunity and Lifetime Learning Credits)" [...]
IRS Form 2210: An Overview
If you owe taxes and fail to pay the full amount by the IRS deadline, you could face penalties and [...]
IRS Form 8802: What is it?
IRS Form 8802, also known as the "Application for United States Residency Certification/Additional Certification Requests," is a tax form used [...]
IRS Form 8809: An Overview
IRS Form 8809, also known as an "Application for Extension of Time to File Information Returns," is a tax form [...]
What is an IRS Form 1099-K?
IRS Form 1099-K is a tax form used by the Internal Revenue Service (IRS) to report certain payment transactions. These [...]
What Is An IRS Form 8938?
IRS Form 8938, also known as the Statement of Specified Foreign Financial Assets, is a tax form used by individuals [...]
What Is An IRS Form 2848?
IRS Form 2848, Power of Attorney and Declaration of Representative, lets you appoint someone to represent you before the IRS. This [...]
What Is An IRS Form 1120s?
IRS Form 1120S is the official tax return for S corporations. It’s used to report the company’s income, deductions, and credits [...]
What Is IRS Form 5498?
Form 5498 is a tax form used by the IRS to report contributions made to individual retirement accounts (IRAs) and [...]
What Is IRS Form 8949
IRS Form 8949 is a tax form used by the Internal Revenue Service (IRS) to report capital gains and losses [...]
A Primer on IRS Failure-To-Pay Penalties
If you owe taxes to the IRS, it's important to understand their failure-to-pay penalties. Failure to pay or file your [...]
How To Avoid IRS Accuracy-Related Penalties
Being audited by the IRS is an unpleasant experience for anyone. But if the IRS finds mistakes in your tax [...]
What You Need To Know About The Failure To File Penalty?
The Failure to File Penalty is a penalty imposed by the IRS for failing to file a tax return by [...]
What To Expect With A State Tax Audit
Are you expecting a state tax audit? Or maybe you’re just curious about the differences between federal and state tax [...]
3 Reasons You Should Not Ignore An IRS Audit
If you get an IRS audit notification in the mail, it might be easy to think that it's not a [...]
Can You Sue The IRS? A Guide to Taxpayer Rights
Many people find themselves in disagreements with the IRS over how much they owe or what their rights are. So, [...]
How Tax Debt Accumulates Over Time
If you’ve ever had to pay taxes, you know that the amount of money owed can add up quickly. But [...]
What Happens If You Refuse To Pay Tax Debt?
It can be intimidating when you owe money to the IRS. Whether it's from owing back taxes, not filing taxes [...]
The One Thing To Avoid During An IRS Negotiation
No one looks forward to tax season, but it can be particularly overwhelming for those individuals who may be behind [...]
What Are Taxes Like In California?
According to the Tax Foundation, Californians pay some of the highest taxes in the nation. The state’s top marginal income [...]
How To Catch Up On Unfiled Tax Returns (without going broke in the process)
Millions of Americans fall behind on tax payments or fail to file their tax returns each year. While late payments [...]
How To Stop The IRS From Auditing Your Taxes In 7 Simple Steps
The IRS is a fearsome adversary for most taxpayers. Even the smallest mistake can trigger an audit and lead to [...]
How To Remove An IRS Lien
The Internal Revenue Service (IRS) is responsible for collecting taxes in the United States. When individuals fail to meet their [...]
Is it a Felony to Not Pay Your IRS Taxes?
Not paying your taxes to the IRS is a bad decision, but is it a felony? While not paying does [...]
Kanye West Says That The IRS Has Frozen Millions Of Dollars
According to a Yahoo news story, Kanye West recently shared that the IRS has frozen $75 million in his accounts because [...]
What Do Tax Resolution Companies Do?
Tax resolution companies are businesses that help people resolve their tax problems. Many times, these companies are able to negotiate [...]
IRS Settlement Program: What Will They Accept?
How much will the IRS usually settle for? The goal for the IRS is to settle on an amount that [...]
Types of IRS Payment Programs
What options are available to taxpayers who can't pay their taxes on time? One of the biggest questions we get [...]
Is The IRS Fresh Start Program Legit?
If you owe the IRS $10,000 or more, the stress can feel unbearable. Letters pile up, penalties grow, and [...]
California Sales Tax – All You Need to Know
Sales tax in California pays for a wide range of programs such as criminal justice, health programs, higher education, and [...]
A Simple Guide For How To Reduce IRS Debt
If you find yourself owing money to the IRS, you're not alone. In fact, according to a report from the [...]
The IRS is Getting More Money for Audits & Collections
The IRS is set to receive a big funding boost, to the tune of $80 billion in increased funding over [...]
Tax Implications of the Gig Economy: Don’t Make This Mistake
The gig economy is on the rise, and it’s important for you to understand what that means for your clients. [...]
I Have a Revenue Officer with the IRS… What Can I Do?
If you have considerable back taxes or have failed to submit tax returns for several years, an IRS Revenue Officer [...]
10 Biggest Tax Mistakes Self-Employed People Make
Depending on your circumstances, tax season might be a reasonably straightforward process or one that consumes a significant amount of [...]
Tax Advantages and Disadvantages of Roth IRA Vs. a Traditional IRA. Which One Is for You?
An IRA is one of the simplest methods to begin saving for retirement. The type of account you choose can [...]
The New Child Tax Credit: What Is It and Who Qualifies?
The Child Tax Credit is a federal benefit that lowers the amount of income tax owed by families with children. [...]
Am I Allowed to Claim Exempt on My W4? Who Qualifies for Exempt Status, And Who Doesn’t?
Most people come into contact with a W-4 form, but not everyone recognizes how significant a role Form W-4 plays [...]
Why Am I Being Audited by the IRS? Red Flags That Can Trigger an IRS Audit
An IRS audit examines your financial records to confirm you’ve reported income and paid the correct tax. While the word [...]
Have You Received an IRS Notice Lately? What Does the Notice Mean?
Getting a letter from the IRS can be intimidating. Many taxpayers panic before even opening the envelope, but not every [...]
What Is an Offer in Compromise? Do You Qualify?
Tax issues with the IRS can feel overwhelming, but relief options exist. One of the most effective tools is the Offer [...]
How To Prevent An IRS Tax Lien
A federal tax lien or IRS tax lien is a type of public document that informs the public that a [...]
IRS Expanded Budget in 2021: What It Means for Collections and Audits
President Biden's proposed expanded budget for IRS is a massive $80 billion funding boost to be granted over the next [...]
COVID Impacts on Your Tax Debt
COVID has affected nearly every private and public life dimension, including the government's tax debt collection activities. Back in late [...]
Haven’t Filed Your Tax Returns in Multiple Years? Here’s What That Means and What You Can Do
If you haven’t filed your income tax this year or previous years, your best recourse is to file it as [...]



























































































































































