What is the Innocent Spouse Program? Innocent Spouse Relief is, in some cases, difficult to show but can be of excellent use to you if you owe the Internal Revenue Service money because of your ex spouse. Do you have any liability as the spouse of somebody who has a tax debt? Exactly what, if […]
Currently Non-Collectible Status and exactly what it implies. This is the page that the IRS does not want you to see. You're Broke!! They cannot get blood from a stone! You do not have any money and the IRS can not get something from you that you do not have. Basic! By being broke, the […]
How to Qualify for IRS Penalty Abatement An affordable tax debt amount can become huge when you include IRS penalties and interest. Nevertheless, it's possible to remove IRS penalties and considerably lower the tax debt amount. If any of the scenarios caused the tax debt, you have a case for penalty abatement and you must […]
What is an Offer in Compromise? An Offer in Compromise (OIC) is a program provided to the taxpayers by IRS to help them pay their tax financial obligations. Those who qualify the conditions for eligibility may be permitted to make an offer and guarantee to pay a lower amount of tax owed to the IRS. […]
Are You Being Threatened with Wage Garnishment and Bank Levy’s? If this occurs you will searching for to act quickly to conserve your next paycheck or launch your frozen savings account funds. An IRS levy action can freeze the funds in your savings account, take the incomes from your income, and make your clients turn […]
Have you not filed your income taxes in years and years? Haven’t filed your income tax return and are wondering exactly what the IRS can and will do to you. You’re not alone. Fifteen Million People each year that have actually generated income, fail to submit their Federal and State tax returns. Now in most […]
Need someone to represent you for an IRS Audit? When you receive an IRS audit, it can be a scary event and it is difficult to learn what you must do next. For anybody who is not truly an expert on taxes and audits, most of the tax terminology looks like it might be another […]
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