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5 Essentials Things to Remember About the IRS Offer in Compromise Program

Mired in tax debt? The IRS offer in compromise could be your path to a fresh start. This program allows select taxpayers to settle their bill for far less than they actually owe. Whether you intend on seeking an OIC or simply would like to know more about your options, you’ll want to keep the following five […]

What Will Happen to the IRS if There’s Another Shutdown?

President Trump’s decision to declare a national emergency and divert military funds to border wall construction was, to put it lightly, controversial. If, however, the critics can find a silver lining, it’s that this approach could prevent a second shutdown…for now. Unfortunately, however, another shutdown is far from out of the realm of possibility. If […]

IRS Delays and Backlogs: What a Scary New Internal IRS Report Reveals

The recent government shutdown wreaked havoc on a variety of federal agencies, including, of course, the IRS. This all happened at the worst possible time — while IRS employees were dealing with the fallout of the new tax bill. A recently released National Taxpayer Advocate Annual Report to Congress reveals that the shutdown-related challenges faced by […]

Innocent Mistakes That Could Disqualify You From Getting An IRS Offer in Compromise

An IRS Offer in Compromise may seem like your best bet for escaping the burden of tax debt that currently dominates your life — but it’s by no means guaranteed. One wrong move on the long road ahead, and you could inadvertently disqualify yourself from this valuable program. As you proceed, make every effort to […]

Strategies For Taming Your Tax Debt In 2019

With a new year comes new opportunities to get your finances back on track. If you’ve suffered tax issues in the past, it’s time to tackle the problem head-on. Your hard work now could pay considerable dividends down the road. The following are a few top strategies for getting your tax situation under control: Seek […]

IRS Tax Resolution Client Testimonials!

As some of you know, I had the opportunity to travel to Ecuador to take in some hiking last month. Pictured is the active Volcano Cotopaxi, my last hike of the trip. I stared at this mountain from my Hacienda for 3 days before attempting to summit. I fell ill with a cold and needed […]

Owe the IRS? Options Other Than ‘Currently Not Collectible’ For Dealing With Your IRS Debt Safely And Strategically

While ‘Currently Not Collectible’ (CNC) status can provide considerable financial relief to some struggling taxpayers, it’s not a viable option for everybody. What’s more, CNC comes with its fair share of downsides. Whether you fail to qualify for CNC or prefer to take a different route, it’s important to get a better sense of your […]

What Happens When You Miss an IRS Installment Payment?

The financial issues that made it impossible for you to file or pay your taxes on time have not gone away — and now, you’re struggling to make your monthly IRS installment payments. Keep these next steps in mind as you determine how to proceed: Don’t Ignore the Problem Missing even one installment could cause your account […]

Take a Deep Breath — How to Handle Your Delinquent Payroll Taxes the Right Way

You’re ages behind on your payroll taxes and well aware of the harsh consequences that could result from your failure to pay up. Naturally, you’re freaking out. Panicking won’t make the problem go away, but it is possible to resolve your tax concerns if you take these simple steps: File Employment Tax Returns And Make […]