Month: June 2023

IRS Notice 1450: The Ultimate Guide to Resolving Tax Disputes

The IRS can place a tax lien on your property if you don’t settle…

How Many Dependents Should You Claim on Your Taxes? A Guide to Maximizing Your Refund

It’s a common misconception that you can only claim your children as dependents on…

IRS Form CP 575: What You Need to Know About EIN Registration?

Obtaining EIN is your rite of passage into the business world because it ensures…

IRS Form 5329 Explained: How to Navigate Retirement Account Penalty Exemptions?

The money you invest in 401(k), traditional IRA, or 403(b) plans should stay in…

Can You Have Two Installment Agreements With The IRS?

Entering an installment agreement with the IRS allows you to settle an existing tax…

Form 982 IRS: How to Reduce Your Tax Liability Through Debt Discharge?

Taking a secured or unsecured loan carries a certain risk, as you may be…

What Does Account Balance Mean on IRS Transcript And How to Interpret It?

A certain percentage of your income goes to the IRS every month, either through…

What Is Customer File Number IRS? Significance And Functionality

The IRS launched the Get Transcript feature on its website in 2014, but only…

IRS Code 898: What Does It Mean on IRS Transcript?

Every year millions of taxpayers look forward to seeing Code 846 on their tax…