FAQs
« Previous EntriesTax Help: Year Round Tips for Good Tax Practices
Monday, June 20th, 2011It’s never too late to start practicing some tax self-help. Keep yourself on top of your taxes by adopting these great tax tips year round:
Good Record-Keeping – get yourself organized and make some room in your wallet! Keep track of your receipts by using credit cards and checks for expenses. Or go the extra mile [...]
Daily Dose of Tax Tips for Tax Relief
Thursday, April 7th, 2011Everyone could use more tax tips. I recently discussed some of the tax tips found on 365 Ways to Keep the IRS at Bay on the Tax Resolution University blog. Here are last week’s top tax tips:
Filing your 2010 returns – familiarize yourself with the IRS website, compliments of Brian Compton
IRS Audits – how to [...]
Tax Relief FAQ: Why Is Settling An IRS Tax Debt For Less Than Owed A Good Move? Don’t We All Pay For This?
Sunday, January 23rd, 2011A great, logical question that many taxpayers have asked. The simple answer is ‘no’.
Do compliant taxpayers pay the tax debt for delinquent taxpayers? Certainly not. In the last few years, the IRS have had a considerable boost in their enforcement budget. This has allowed them to pursue all tax delinquencies, weather they are personal or business related. In many cases, the IRS will [...]
Tax Relief FAQ: How Does the IRS Determine Worker Misclassification in Business Audits?
Sunday, January 23rd, 2011If you own a business, your workers are classified as either employees or independent contractors. When it comes to paying tax to the IRS, the difference in employee classification is essential.Â
As a business owner, it is your responsibility to withhold and pay Social Security, Medicare and income taxes and pay unemployment taxes on wages paid for each and [...]
Tax Relief FAQ: What Do You Do If Your Tax Return Is Due, But You Don’t Have The Money To Pay Back Taxes To The IRS?
Sunday, November 14th, 2010If you cannot afford to pay your back taxes to the IRS, it is especially important to avoid harsh penalties from the IRS and file all delinquent returns now. Thousands (potentially millions) of taxpayers fail to file legally required tax returns every year. Not filing typically results in increasingly challenging problems as time goes by, including [...]
Tax Help FAQ: How Does the IRS Penalize Delinquent Tax Returns?
Wednesday, November 10th, 2010Each and every year, thousands and potentially millions of taxpayers fail to file legally required tax returns. The longer people put off filing their tax returns, the more severe their IRS tax problems become. I recommend that you read on to understand how the IRS approaches delinquent tax return penalties in order to avoid severe [...]
Tax Help FAQ: Which Conversations With My Accountant Or Tax Attorney Are Considered Privileged And Confidential?
Wednesday, October 27th, 2010A great question and certainly one that many taxpayers considering expert tax help wonder! When it comes to taxes, the law regarding confidential and privileged information is rather complex. Read on to find out what kind of information is considered confidential.
A: There is no simple answer to this question and, certainly, whether communications with your accountant [...]
Tax Help FAQ: What Can You Do if Your Back Taxes and IRS Debt Are Not Dischargeable in Bankruptcy?
Wednesday, October 6th, 2010Due to the economic downturn, more Americans are filing for bankruptcy. Even though filing for bankruptcy may not sound so good, it can really be an effective way for many people to get fresh new starts.
For instance, you can file for bankruptcy to discharge some of your tax liabilities. In fact, many IRS taxes, penalties [...]
FAQs for Tax Relief: Advice for Business Owners Who Have Delinquent Payroll Deposits or Past Due Employment Taxes
Friday, September 10th, 2010As a business owner, if you fail to file and pay payroll taxes in a timely manner, you face tough enforcement action from the IRS. The best thing you can do is to stay current on your employment taxes. And to recover from your tax debt, seek immediate tax help from a tax attorney, CPA, or Certified Tax [...]
Tax Help For Business Owners: Can the IRS Go After You Personally For Unpaid Payroll Taxes?
Wednesday, September 8th, 2010Are you a business owner with your own employees? Are you following the IRS tax rules for filing and paying annual payroll taxes? In order for you to stay in business and out of IRS trouble, there are a few things you must know about how far the IRS can go to collect unpaid payroll [...]
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