In December, the IRS announced they would offer about 4.7 million taxpayers penalty relief for back taxes. Most of the impacted individuals make under $400,000
Yet Another IRS Backlog: What Challenges Does This Create in 2021? Are you frustrated by the slow response from the IRS this year? You’re certainly
Financial catastrophes are often far more complicated than they seem at first glance. Tax debt, for example, rarely occurs in a vacuum. If you’re behind
Your tax return is complete and, to your surprise, you’re facing a huge bill. This may feel like a shock right now, but as you
From limited funding to strict compliance measures, nonprofits face a variety of difficulties that for-profit organizations are often able to avoid. Complications are especially evident
Small business owners have been praying for an end to 2020. Unfortunately, the first few months of 2021 will be anything but easy. Still, entrepreneurs
You’re drowning in debt and desperate to get out of paying the IRS. When a mountain of debt takes over and you face repercussions such
In an effort to address the unprecedented burden of COVID and its financial fallout, the American Institute of Certified Public Accountants (AICPA) is advocating for
As a trustee or executor, you may be required to complete a variety of tax documents, including IRS Form 56. Keep reading to learn how
Debt is a common concern for Colorado entrepreneurs. Nationwide, a noteworthy Experian study reveals that the average small business owner holds a whopping $195,000 in
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