Posted on September 7, 2021

Judging tax resolution services sounds like a difficult job, but there are ways through which taxpayers can easily find out if a tax company is authentic or not. The first step is to research. Taxpayers can easily conduct online research using sources of information such as Better Business Bureau and the Federal Trade Commission. Their... Continue reading →

Posted on September 3, 2021

Taxes is not something you think about while gambling, but after you have won or lost, you will need to report your earnings or your losses to the IRS. It hurts, but that is what the law says. That raises the question: What activities are included in gambling? According to the IRS “Gambling income includes,... Continue reading →

Posted on August 30, 2021

There are various ways to get out of tax debt, but there is only one that is most suited to you. Best resolution of back taxes depends on a number of factors including the financial situation of the taxpayer, the amount of tax debt and the length for which it has remained unpaid. Most taxpayers... Continue reading →

Posted on August 29, 2021

If you have a debt forgiven or cancelled, you will need to pay taxes to the IRS on it. Many taxpayers who do not know that the IRS charges taxes on forgiven or cancelled debt end up in tax debt. The IRS sees unreported taxes in cases of cancellation of debt as unpaid taxes. Taxpayers... Continue reading →

Posted on August 28, 2021

Forgiveness or cancellation of debt is a moment of joy. You are happy that you do not need to pay all that money that was owed. But the IRS is there to share your joy because it receives taxes on forgiven or cancelled debt. It hurts, but there is little you can do about it... Continue reading →

Posted on August 24, 2021

Non-payment of tax debt leads to IRS tax levy. IRS levy is the aggressive collection action of the IRS under which the IRS seizes and/or sells the property of taxpayers to fulfil tax debt. Taxpayers who are under tax debt receive multiple notices from the IRS before a tax levy is placed. When taxpayers do... Continue reading →

Posted on August 23, 2021

The IRS has the legal right to collect taxes due from taxpayers through seizure of their property. In cases where taxpayers have not responded to IRS notices regarding the payment of their tax debt, they might receive the last notice from the IRS regarding levy called Final Notice of Intent to Levy and Notice of... Continue reading →

Posted on August 20, 2021

Effective tax debt relief begins with choosing the right help. Most taxpayers do not have knowledge of tax laws and prefer to use the services of tax professionals to negotiate a tax case with the IRS. Tax professionals such as tax attorneys and enrolled agents are lawyers who help taxpayers to work out an advantageous... Continue reading →

Posted on August 16, 2021

Often taxpayers who are looking to find a good IRS tax help do not have the channels to find one. In such cases, they believe in advertisements by scam tax companies and end up losing their money, time and peace. For any taxpayer looking to hire the services of a tax resolution company, it is... Continue reading →

Posted on August 13, 2021

When looking to resolve a tax problem, most taxpayers look for tax resolution services. Because taxation is complex and requires knowledge of tax laws and tax codes, most taxpayers do not feel comfortable dealing with their tax problems themselves, especially if it requires negotiation with the IRS. Tax resolution services can be effective if taxpayers... Continue reading →