Penalties in the form of interest and other fees are incurred when a taxpayer fails to file a tax return by a filing deadline and/or fails to pay a tax debt when it is due. Although interest and other penalties assessed by the IRS function to create equity within the tax system and encourage compliance,… Continue reading →
tax resolution
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 →
