April 15th is right around the corner and for those who haven’t gotten their taxes done the clock is ticking. For those who have gotten their taxes filed you’d like to think you can relax at least for another year. So what happens when you receive a formal letter from the IRS called an IRS …
Read more »Notification of an upcoming IRS audit may prompt fear. Even if you maintained accurate records and filed an honest return, the thought of owing money can invoke panic. Most taxpayers aren’t versed in tax laws, which is why they hire a professional accountant to prepare their returns. Unfortunately, accountants sometimes make mistakes. And if you …
Read more »The IRS sometimes uses a lien on a taxpayer’s property as an element in the tax collection process. The lien can make it impossible to sell the property (which is the whole point of the lien), and can limit your ability to borrow (to pay-off the tax or for any other reason) because it impacts …
Read more »The IRS want you to know that if you need to resolve a tax problem, have tax law questions or you’re just more comfortable talking with someone face-to-face, visit your local IRS Taxpayer Assistance Center (“TAC”) where you can spread out your records and talk with an IRS representative across the counter. No appointment is …
Read more »Summer is here and with it the kids are out of school. The kids love it, but for many parents it can be an expensive headache. Parents need to come up with a solution to take are of them while they work. Often that will mean summer day care or home care assistance so that …
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