Changes and Considerations for 2021 Tax Filing
The Internal Revenue Service (IRS) implements minor tax changes every year, including adjustments for inflation, new exemptions and alterations to certain provisions. Most things have been unusual lately thanks to the COVID-19 pandemic, and 2021 tax changes are a little more dramatic than normal. So far, Congress and the IRS have not decided to push […]
Read moreHow To Deal With A Tax Audit Notice
Receiving a tax audit notice seems like one of the worst nightmares in the tax world. Itās understandable to panic and to express fear caused by the matter. The good thing is that your chance of getting audited is relatively small. However, it happens and no one can guarantee you that you wouldnāt be hit. […]
Read moreHow To Navigate Tax Resolution
Financial security is one of the building blocks of a successful life, even more so during the current economic times in which we live. The debt crisis is at critical levels with tax debt growing at record levels. With this knowledge, it is ever more crucial to ensure that you deal with tax liabilities promptly […]
Read moreHow To Protect Yourself From A Tax Audit
The word āauditā tends to strike fear into the hearts of individual taxpayers and business owners alike. Even when you or a tax preparer have completed all of your tax forms as accurately and honestly as possible, the prospect of the IRS finding some inadvertent mistake or oversight during the audit process can be terrifying. […]
Read moreHow To Choose A Tax Relief Company
The role of tax relief companies serves to assist taxpayers who struggle to or cannot pay their taxes. Working with one of these companies can save clients substantial amounts of money and give them the knowledge and confidence to solve their tax problems. Each firm will utilize varying strategies but in the end they aim […]
Read moreThe Benefits Of Tax Resolution
Outstanding tax debt is becoming increasingly challenging for the population. Federal tax liens and levies filed by the IRS has grown significantly over the years leading to the IRS having to be tenacious in collecting outstanding tax debt. This can lead to overwhelming stress being placed on households, sometimes with disastrous outcomes. Often people avoid […]
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