by Admin | Nov 7, 2019 | #TaxLife
As we mentioned in our article about expense standards during the collection process, the IRS generally collects information about your income and allowable expenses to determine how much you could potentially pay them each month toward back tax debt. Currently...
by Admin | Oct 24, 2019 | #TaxLife
A statute of limitations is a length of time an authority figure can pursue a matter after the incident in question happened. If you’ve watched TV shows like Law and Order you may be familiar with the term in the legal sense, where crimes have various statutes...
by Admin | Oct 23, 2019 | #TaxLife
Any time you’re negotiating with the IRS about paying a tax debt — whether it’s to set up a payment plan based in income or to prove that you can’t afford to make payments — you’ll need to provide documentation to prove your income and...
by Admin | Jun 26, 2019 | #TaxLife
Planning your taxes properly can be the difference between achieving your goals and being on the street, as this taxpayer found out. This taxpayer came to us with a $40,000 assessment and a house full of children. But the children weren’t hers. She had put together a...
by Admin | Jun 23, 2019 | #TaxLife
Many of our clients with unfiled returns don’t file the returns out of fear of the unknown. They don’t think they can pay, or they are worried about what the numbers on the paper say about them. Unfiled returns cause much greater issues than unpaid taxes. In this...
