Federal tax debts don’t go away. On the contrary, they grow bigger and bigger…
Blog
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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…
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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…
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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…
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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…
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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…
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June 22, 2023Can You Have Two Installment Agreements With The IRS?
Entering an installment agreement with the IRS allows you to settle an existing tax…
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June 22, 2023Form 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…
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June 20, 2023What 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…