The struggling economy has caused more taxpayers than ever to find themselves with and outstanding tax debt that they simply cannot pay. When accepting tax settlements one of the requirements of the IRS is typically that the taxpayers file and pay their taxes on time in the future. Most taxpayers get behind initially due to… Continue reading →
tax credit
Sending your kids to a summer day camp? Some of the expenses may qualify for the Child and Dependent Care Credit.
When trying to determine tax settlement strategies, the best is to not incur the balance to begin with! Here is one tip to help you lower your tax liability. If you paid for someone to provide care for your child while you, your spouse, or both were either working or looking for work, you may… Continue reading →
Complicated Tax Settlements and Returns Are Our Specialty. We Found This Client $75,000!
There are many types of accounting, tax and tax settlement service providers. CPAs and accounting firms typically provide tax preparation services to businesses and individuals but rarely devote much effort to actual tax settlements. On the other hand, tax resolution and tax settlement firms focus mostly on settling outstanding tax debt without ensuring that all… Continue reading →
2010 Electric Car Credit and Other Tax Incentives
Tax Credits can allure taxpayers to rush applications or file even when unsure about qualifing standards. Learn why tax liabilities can appear years after filing incorrectly for incentives such as the first time home buyer or electric vehicle tax credits.
