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…
Running a business, managing a company is not a child’s play. Apart from being a good CEO or the Head of the Company, there are certain important things you have to figure out and reign in early when you first start your own business or running a company as you…
IRS TAX HELP Did you miss another filing deadline? Do you owe back taxes? Are you being audited by the IRS? I can help you resolve your tax matter so you can move on with your life. Don’t let the IRS ruin your life and punish you with tax levies…
Employment Tax Problem? Get resolution today! Los Angeles – San Francisco – New York – Chicago – Denver – Houston – Atlanta – Miami Employment 940/941 Taxes If you have your own business, there is plenty going on all the time. In addition to taking care of your customers, you…
Did you know that every year many taxpayers’ individuals and businesses face the gavel just because they haven’t filed their taxes? Though you may plead not guilty, the IRS doesn’t think so. In its eyes every person who hasn’t filed their taxes is an offender even though the perspective is…
Dear Client: As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and possibly the next. Factors that compound the planning challenge this year include political and economic uncertainty, and Congress’s all too…
An IRS levy permits the legal seizure of your property to satisfy an unpaid tax debt. The IRS can garnish wages, take money from your bank or other financial account, seize and sell your vehicle(s), real estate and other personal property. If you receive an IRS notice titled Final Notice of Intent…
Dealing with tax debt is stressful, especially because of the aggressive methods IRS tends to employ for collecting the taxes owed to the government. These range from assessing multiple penalties on late payments, levying your bank accounts, garnishing your wages and sending an IRS Revenue Officer to padlock your business, to…
Employment Taxes and the Trust Fund Recovery Penalty (TFRP). Notice 784, Could You be Personally Liable for Certain Unpaid Federal Taxes? IRS has updated its webpage guidance on the trust fund recovery penalty and who IRS can reach to pay it. The guidance is a reminder for all potential “responsible…