Your spouse has a tax liability and you do not. Perhaps their liability was incurred under circumstances for which you are not liable. If you are owed a tax refund but are having trouble attaining it, the innocent spouse relief measure may help you.
tax help
Is the IRS Finally Easing Up On Taxpayers? For Tax Liens, the Answer is Yes.
In recognition of the huge, long term negative effects a Tax Lien has upon taxpayers, the IRS has announced that it will initiate a series of new policies and programs to help taxpayers pay back taxes and avoid tax liens. Read on for more information.
A Successful Offer In Compromise – $74,000 IRS Problem Settled at a 95% Discount.
The IRS does not accept offers in compromise to everyone. However for those that meet the qualifications, this tax settlement program can be life changing. Here is the story of one Professional Tax Resolution Client’s journey to tax relief.
Tax Debt Can Start with a Small Mistake – Tips to Avoid the IRS Debt Cycle
Tax Debt can develop from a simple mistake or unreported item on a return. The IRS takes time to find errors and yet penalties and interest accrue during that period. Here are some simple steps to help avoid making some common Tax Filing mistakes.
Case In Point-Hiring A Qualified Professional To Handle Your Tax Settlement = A Good Investment
Hiring a qualified tax professional can seem like a bit of an investment. However by representing yourself before the IRS or State Tax Board small mistakes or assumptions can cost you even more time and money. This case study is a real world example.
Consider Carrying Back a Net Operating Loss as a Tax Settlement Tool
In this economy many taxpayers have allowable deductions that exceed gross income. The Net Operating Loss Carry Back provision can be used to offset taxes paid in or even owed for prior years. Read more below about this excellent tax settlement option.
