Recently, we received a phone call from someone who owed $24,400 to the IRS in taxes. They were an independent contractor and between overwhelming medical expenses and an uncertain income, they were unable to make ends meet to pay estimated … Read More
A Tax Appeal is a common way to resolve disagreements that you may have with the IRS relating to items you reported on your tax return. If you’re considering an Appeal as an option to resolve your tax issue, there … Read More
Bankruptcy: A Possible Solution to Your Tax Problem There is quite a bit of confusion out there as to whether or not bankruptcy is a good option to resolve a tax issue. The answer to that question depends … Read More
Preparing For Tax Filing Season: Tips for staying organized throughout the year In order to successfully file your tax return and avoid mistakes, which could be costly, it is important for you to properly report your tax information. Prepare yourself … Read More
IS THE IRS REALLY KNOCKING ON YOUR DOOR? Recently the IRS released updates to inform taxpayers of potential scammers pretending to be IRS agents coming out to your home or place of business to obtain your private and personal information. … Read More
So you’ve received one of those dreaded audit notices from the IRS. Not only are they asking for documentation of your income and expenses, they actually want to meet with you IN PERSON! They have requested a meeting at your … Read More
HOW DO FREELANCERS AND SOLE PROPRIETORS PAY THEIR TAXES? The IRS is not too keen on waiting for “their” money. If you’re earning money throughout the year, they expect to receive your tax payments as you earn your income, not … Read More
6 Common Tax Problems and How to Fix Them I have had many new clients come to me with their heads hung low and express to me how ashamed they are of their situation. They feel as though they … Read More
IRS Now Working With Private Debt Collectors! For years, the Internal Revenue Service has been telling consumers that if they receive a phone call from someone claiming to be calling on their behalf, it’s a scam that can safely be … Read More
Tax liens can wreak havoc on your credit score. They can prevent you from buying (and selling) a home, increase your costs to borrow (think higher rates on car loans, credit cards, etc.) and even cost you your dream job … Read More