4 Major Consequences of Unfiled Tax Return

Neglecting your tax returns or failing to file on time can be an invitation for trouble. An unfiled tax return can be worse than filing a return and not paying the due amount. If you are not capable of paying your taxes, the IRS can help you find ways to pay what you owe. That …

Answering Frequently Asked Questions About IRS Debt Relief

Back debts can be extremely intimidating; but if you carefully deal with the IRS and figure out a way to seek IRS debt forgiveness, you may save yourself from significant penalties. For this reason, taxpayers are often recommended to hire an experienced IRS attorney who can negotiate a reasonable solution such as an offer in …

3 Instances Where You May Need the Assistance of an IRS Tax Attorney

Everybody has to face tax issues at some points in life. For most people, they have to deal with tax issues during the IRS tax season every year. There are multiple reasons that you need professional help with your tax issues. Any mistake in handling your taxes can trigger problems such as IRS tax audits. …

4 IRS Situations Where You Can Apply for Penalty Abatement

The IRS takes unpaid taxes very seriously and will take any action necessary to recover them. If you may have failed to pay your taxes or file your tax returns, you will have to face problems including hefty penalties and potential prison time in some extreme cases. If you can, however, give a plausible explanation, …

3 Solid Reasons that Qualify for Requesting IRS Penalty Abatement

Taxpayers who have failed to pay their taxes on time in the past must be familiar with IRS penalties and interests which come with it. As IRS penalty interests can start to add up quickly, you must immediately talk to an experienced tax attorney who can negotiate with the IRS and help you get IRS …

4 Simple Ways to Get Rid of an IRS Tax Lien

An IRS tax lien can be really harmful for your personal as well as business finances and jeopardize your personal and business assets. The financial impacts of an IRS tax lien can be comparable to declaring bankruptcy, in which case, the government can seize and sell your property. The IRS can initiate a tax lien …

3 Ways to Get Rid of Back Debts

While most taxpayers are aware about the importance and the intricacies with regards to tax payments, not many are cognizant of the complexity of situations that arise from getting behind on tax payments and accruing a tax debt. For this reason, it is advisable to pay your taxes on time so that you can prevent …

4 Ways to Get Tax Lien Removed from Your Property

A tax lien is used by the IRS to protect the government’s interest in taxpayer’s assets if they are not able to pay taxes on time. IRS tax lien can affect the credit history of the taxpayers and can cause problems while securing credit in the future. Before the IRS establishes a tax lien, it …

Tips to Get Rid Of Federal Tax Lien

Federal tax lien is when the IRS legally claims against your property, which includes your real estate and other assets because you are due on your taxes. If you do not have proper tax lien assistance, the thing that could come next is the tax levy. This is when the IRS actually seizes your property …

What is Reasonable Cause for IRS Penalty Abatement?

When individuals and businesses fail to pay their taxes, IRS penalties, and interest, they can request a first-time penalty abatement (FTA) waiver through which the IRS may relieve taxpayers from paying penalties on failure-to-pay, failure-to-file, and failure-to-deposit penalties after a certain few criteria are met. IRS generally tends to reward taxpayers with a clean compliance …