Warning: The IRS Says Taxpayers Aren’t Paying What They Owe.
The IRS has a new report on the tax gap which is an estimate of how much tax evasion…
4 minute read
4,000 New IRS Agents Are On The Job Now. 1,000 More Are Coming By 2023.
As many as 5,000 new IRS employees will be on the job by the end of the year. What this…
4 minute read
New Rules May Put Pressure On Gig Workers In 2023.
Here's something new that starts in 2023 and it will impact anyone who works in the gig…
3 minute read
How Inflation Helps You Save On Taxes And Makes You Pay More On Your Tax Debt.
Inflation and higher interest rates are either helping your tax situation or making it…
4 minute read
You Can Save More Money For Retirement Starting In 2023. Limits Go Up For IRA And 401(k) And Other Accounts.
The IRS says you may now be able to save more for retirement. Inflation adjustments for…
3 minute read
Adjust Your IRS Tax Withholding Now To Prevent A Big 2022 Tax Bill In 2023.
There's still time in 2022 to prevent a big tax bill when you file your 2022 IRS tax…
4 minute read
The IRS Wants You To Consider An Offer In Compromise.
The IRS wants delinquent taxpayers to apply for an Offer In Compromise to get a fresh…
4 minute read
The IRS Has Just Announced Inflation Adjustments For 2023.
The IRS has just issued inflation adjustments for 2023 that you will use when you file…
4 minute read
The Latest
The IRS Fresh Start Program Can Wipe Out Your Tax Debt
The Fresh Start Program can offer natural relief to taxpayers who owe thousands of dollars in back taxes…
2 minute read
October Tax Extension Coming Due
If you didn’t file your 2021 tax return this past April and you asked for the extension, remember the extension deadline is October 17th.
2 minute read
2022 Is When The IRS Steps Up Collections
The IRS will Give More Penalties to Taxpayers in 2022 This year,…
2 minute read
This IRS Fresh Start Program Can Save You
The Fresh Start Initiative, is a program that the IRS uses to help taxpayers who would never be able to pay off their outstanding tax debts.
2 minute read
Who Uses The Fresh Start Program?
The Fresh Start Program was started about ten years ago to help struggling taxpayers clear their balance sheets and get back into the tax system by clearing up their tax debt.
2 minute read
The Federal Government is Offering Tax Relief to Even More Americans in 2022
Many could qualify for tax relief, but they never took the time to check their eligibility…
2 minute read
Don’t Agree To An IRS Payment Plan Too Quickly
No one wants to owe money to the IRS and no one wants a…
1 minute read
Start on Your 2022 Taxes Now
There are several reasons including that the IRS is stepping up its…
2 minute read
Year End Steps To Take Now For Your 2022 IRS Tax Return.
Year-end steps you should take right now to improve your 2022 tax return before the 2022 tax filing season starts in 2023. Information about the IRS Fresh Start Initiative.
4 minute read
The IRS May Be About To Crack Down On Reporting Tip Income.
Your tip income is taxable including your noncash tips. What are noncash tips and how do you report them? Is the IRS about to crack down on tips?
6 minute read
The IRS Has Made A Change In The Form Used In Its Offer In Compromise Program.
Want to try filing for an IRS Fresh Start and Offer In Compromise on your own? Sure you can. And here are the steps you’ll have to take. Or call us for a free consultation about what we can do for you.
5 minute read
One Week To Go. What If You Miss The October 17th Deadline For Your 2021 IRS Tax Return?
What if you miss the October 17th deadline for filing your 2021 IRS tax return? For some people it means absolutely nothing. They may not need to file.
5 minute read
The IRS Is Offering “Online Accounts” To Help You See Your Tax Situation In One Place. But Is It Correct?
The IRS is offering a free online account to help you manage your tax debt and to make payments on your payment plan. But there are other things to consider first.
4 minute read
Start On Your 2022 Tax Return Now. This Can Save You Money, Speed Your Refund, And Help You With An IRS Fresh Start.
You should start on your 2022 tax return now. It can help you improve your tax situation, help you improve your family budget, and even help you with the IRS Fresh Start Program.
5 minute read
Some Business And Individual Tax Forms May Have To Be Submitted Again. We May Be Able To Help.
There’s a big red light at the IRS for processing at least 10-million tax filings from businesses and consumers. Call us for a free consultation about how we can help.
5 minute read
Where Is Your IRS Refund? The IRS Has 6-Million Unprocessed Returns As Of September 30th. Some May Have To Send In Their Return Again.
There are still millions of unprocessed tax returns because of Covid pandemic delays and shutdowns at the IRS. Here is an update as of September 30, 2022.