Violating tax laws is a serious offense that can sometimes result in criminal charges….
Blog
-
July 15, 2023Understanding What Happens to IRS Debt When You Die: A Comprehensive Guide
It’s hard to overstate the importance of strategic estate planning because making mistakes when…
-
July 11, 2023Does 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…
-
July 11, 2023How 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…
-
July 07, 2023IRS 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…
-
July 07, 2023IRS 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…
-
July 04, 2023IRS 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…
-
June 26, 2023IRS 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…
-
June 23, 2023IRS 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…