IRS Payment Plan
« Previous EntriesAct Quickly to Prevent Tax Liens
Wednesday, October 12th, 2011When people receive a collection notice from the government about IRS back taxes, they often become blinded by fear, don’t know where to turn, and do nothing– hoping the tax problem will go away. As a result of their inaction, these financially stressed individuals could find themselves staring down an IRS tax lien.
In a recent [...]
More Tips for Consumers Who Have Back Taxes or Tax Debt
Wednesday, August 31st, 2011In a press release written a few weeks back, Never Too Late to File a Tax Return, I felt the need to provide additional information to the IRS’s advisory list Ten Tips for Taxpayers Who Owe Back Taxes or Have Other Tax Debt newsletter (published a few weeks ago).
While the IRS objectives on this subject [...]
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 Help and Filing Tips for Taxpayers and Tax Professionals with Timely Tax Tweets from the IRS
Wednesday, December 29th, 2010The IRS is fully immersing itself in social media. Keeping up with the times, the IRS now offers timely tax tips and information snippets on IRS programs like e-file, tax law changes and other quick information for taxpayers on its IRS Twitter: @IRSnews. The focus of its Twitter channel is to share timely content with taxpayers and [...]
Tax Relief News: The IRS Wants To Return Your Money Now
Sunday, December 5th, 2010The festive holiday spirit is even affecting the IRS! And this means possibly a bit of tax relief for taxpayers in time for the holidays. Earlier this month the bureau announced they have over $164.6 million in undelivered refund checks and want to deliver them to their rightful owners. But what does this mean for you? [...]
Tax Relief Strategies from the Tax Expert: Reducing Back Taxes and IRS Debt
Wednesday, December 1st, 2010The economy is slowly beginning to rebound, however there are still some 26 million Americans plagued with tax problems. These include audit or collection-related issues. At the same time the IRS collection efforts on the rise – supported by a record enforcement budget of $5.5 billion. This is why Americans need to know their rights [...]
Taxpayers Need To Be Wary of Tax Relief Pitches That Sound Too Good to Be True
Tuesday, November 30th, 2010Tax-relief firms are getting sued by state authorities left and right, making headlines for cheating distressed taxpayers out of thousands of dollars in upfront retainer fees. Consumers need to be wary of tax relief pitches that sound too good to be true – as they probably are! Consumers with back taxes, audit or collection-related problems should [...]
Tax Relief Tips: How to Pay Back Taxes to the IRS Even if You’re Broke
Sunday, October 31st, 2010Back taxes can happen to good people. You are probably feeling overwhelmed by the desire to stick your head in the sand if you owe the IRS money for unpaid taxes. You need professional back tax help! If you owe back taxes you can’t afford to pay, do not panic. Below are several insider tax [...]
Tax Relief: Defining Successful Resolution for Taxpayers Facing Different IRS Problems
Sunday, October 31st, 2010When working towards resolving back taxes, the definition of “success” varies from taxpayer to taxpayer. This is because each taxpayer has a specific situation to address. Not everyone is eligible to pay “pennies on the dollar” on their IRS back taxes. In many cases, halting or preventing debilitating IRS collection tactics is essential to help [...]
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