It’s hard to overstate the importance of strategic estate planning because making mistakes when…
Articles by Logan Allec, CPA
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July 11, 2023
Does the IRS Know When You Get Divorced? Exploring the Tax Implications
Around 50% of all first marriages end in a divorce. The divorce statistics are…
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July 11, 2023
How Often Can the IRS Levy My Bank Account? Everything You Need to Know
Federal tax debts don’t go away. On the contrary, they grow bigger and bigger…
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July 07, 2023
IRS Lock-In Letter: How Do I Get It Removed? Step-by-Step Guide for Taxpayers
All employers must withhold federal taxes from the wages they pay to their employees…
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July 07, 2023
IRS Civil Penalties: What Are They and How Do They Impact You?
The IRS assessed and collected nearly $60 billion from individual, estate, and trust income…
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July 04, 2023
IRS 6166 Form: How to Obtain a Federal Estate Tax Extension for Non-Liquid Assets?
Assets worth over $12.92 million are subject to federal estate tax at rates ranging…
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June 26, 2023
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…
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June 23, 2023
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…
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June 22, 2023
Can You Have Two Installment Agreements With The IRS?
Entering an installment agreement with the IRS allows you to settle an existing tax…