Understanding the IRS’s Currently Non-Collectible Program
Explore the intricacies of the IRS's Currently Non-Collectible program, understanding its mechanisms, benefits, and implications for taxpayers unable to pay their tax debts. [...]
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Are You Aware Of The Secret IRS Tax Resolution Programs?
Just when you thought dealing with the IRS couldn’t get any more intimidating, they actually offer hidden gem tax resolution programs that could potentially save you a ton of stress and money. In this informative post, we’ll explore these secret IRS programs that many taxpayers are unaware of. Stay tuned [...]
FBAR Filing Compliance Tips for U.S. Citizens
U.S. citizens and residents with foreign accounts over $10,000 must file specific forms annually. Ensure compliance and avoid penalties with essential information on FBAR and Form 8938. [...]
Reason Why You Should NOT File Your Own Offer In Compromise
Discover why filing your own IRS Offer in Compromise can be a daunting task and learn the key insights to increase your chances of success. [...]
Taxable Transactions with Cryptocurrency
Learn about the tax implications of digital assets, including how to calculate gains and losses and comply with IRS regulations. Explore essential tips for recordkeeping and reporting. [...]
IRS Has Made Filing Back Tax Returns Simple
Discover effective strategies to tackle unfiled tax returns, why it's crucial to file even if you're behind, and how the IRS's policy can help you get back on track. [...]
Understanding the ABCs of Due Diligence
Explore the IRS's comprehensive guide on due diligence for tax preparers, including requirements, penalties, and educational resources. Learn how to ensure compliance and avoid penalties through proper documentation and knowledge. [...]
How Do Niche IRS Tax Resolution Programs Differ From Traditional Options?
When choosing a tax resolution program, it's crucial to evaluate the expertise and reputation of service providers. Research the credentials and track record of the professionals you are considering. Look for reviews or testimonials from past clients to gauge the quality of their services. [...]
IRS Notice CP2000: Understanding Your Tax Bill for Underreported Income
Learn about IRS Notice CP2000 for underreported income. CEO David King and tax attorney Philip Hwang explain implications and steps to resolve your tax burden. [...]
What Rare IRS Tax Resolution Programs Exist To Assist Taxpayers?
IRS tax resolution programs exist to assist taxpayers facing difficult circumstances such as disasters, emergencies, or financial hardship. Understanding these programs and their eligibility requirements can provide much-needed relief for individuals and businesses struggling to meet their tax obligations. It is crucial for taxpayers to explore these options and seek [...]