If you received an IRS Notice of Deficiency, the following article outlines some frequently asked questions about what a ‘Notice of Deficiency’ is, what the letter states about your situation, and both how and when you should respond.
IRS Notice
IRS Warning About Companies That Promise To Reduce Tax Debt – For a Large Fee
The IRS warns consumers that they are “increasingly concerned about unscrupulous promoters charging excessive fees to taxpayers who have no chance of meeting the OIC program’s requirements.” They urge taxpayers not to be fooled by high priced promises.
In these economic times being considered “Currently Not Collectible” is not complete freedom from tax debt, but it can provide some tax relief.
It is no secret that Americans have been facing difficult times. At Professional Tax Resolution Inc., we have found that more taxpayers than ever are finding themselves with significant tax debts that are so large they are very difficult or even impossible to pay. For some people a monthly tax settlement payment can create a… Continue reading →
