Let’s tаlk аbоut when a tаxрауеr has tаx dеbt аnd саnnоt рау the IRS in full. Whеn you owe back taxes to thе IRS but cannot рау thеm in full, уоu hаvе to lооk іntо оthеr options, mоrе likely a tаx рауmеnt plan, known as IA installment аgrееmеnt. Thеrе аrе…
IRS ALERT In order to help taxpayers avoid scams in which criminals impersonate IRS employees, IRS has issued a Fact Sheet in which it sets out the ways that it does and does not contact taxpayers. For several years now, IRS has been publishing, in various formats, information and warnings…
Every year, around the 1st of January through April 15th every working American is expected to file an income tax return with the IRS. This return is used by the IRS to determine what your overall tax bill should have been for the previous year. Using a number of forms…
An IRS tax problem can do more than keep you up at night with worry. Unresolved tax problems can lead to liens on your home, levies on your bank account and garnishments being taken from your pay. Get IRS tax help today by calling us at 877-788-2937. The worst thing…
Dear Client: The following is a summary of important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood. Please call us for more information about any of these developments and what steps you should implement to take advantage…
Mike Habib is an IRS licensed Enrolled Agent, tax problem solver and a tax resolution expert who offers his outstanding representation services in Houston, Texas allowing you or your business to seek effective tax resolution and get reliable tax help. IRS local offices in Houston for audits, examinations, collections, appeal:…
Dear Client: The following is a summary of important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood. Please call us for more information about any of these developments and what steps you should implement to take advantage…
This post describes how existing general US tax principles apply to transactions using virtual currency. This provides guidance in the form of answers to frequently asked questions regarding Bitcoin and other virtual currency tax treatment. Disputes will arise from trading Bitcoin and other virtual currencies, and having a tax expert…
IRS has announced that beginning this month, it will start to send letters to notify “a relatively small group of individuals” with overdue federal tax that their accounts have been assigned to one of four private collection agencies (PCAs). The assignments were authorized by legislation enacted in 2014. Background. Code…
Businesses and individuals often require professional IRS help to resolve tax related issues. The tax laws, state and federal tend to be complicated and you rarely have a very good understanding of the laws as they pertain to you or your business. Unfortunately, the IRS has no sympathy for your…