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Recent posts
- QuickBooks services for version 2010 to be discontinued May 31, 2013
- Top 6 Reasons You Should NOT File for An Extension on Your Tax Return
- Minnesota Slams Turbotax and Other Intuit Products over Tax Filing Software Problems
- Energy Costs Rise as Tax Incentives Fade
- Has Your 2012 Roth-Converted IRA Declined in Value?
- Alarming New IDES Audit Policy!
- Another Tax Scam
- Use QuickBooks’ Tools – and Common Sense Procedures – To Prevent Financial Fraud
- IRS Encourages Taxpayers to Limit Use of “Where’s My Refund”
- Prepared for the New Surtax?
Category Archives: Back Taxes
Haven’t Filed an Income Tax Return?
If you have been procrastinating about filing your 2011 tax return or have other prior year returns that have not been filed, you should consider the consequences. Taxpayers should file all tax returns that are due, regardless of whether or … Continue reading
IRS Offers New Penalty Relief Options
The IRS announced several new penalty relief options for taxpayers that should offer much needed relief for those finding themselves unable to pay their taxes. There are several new provisions: Penalty Relief To assist those most in need, a six-month … Continue reading
Posted in Back Taxes, IRS Tax Problems
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Beware when choosing a tax resolution company
You’ve probably seen or heard the commercial of tax resolution companies claiming to have saved tax payers thousands, if not millions, of dollars in IRS tax debt. One ad claims their IRS debt went from $100,000 to a few thousand dollars. … Continue reading
Do You Qualify for an Offer in Compromise?
The objective of the IRS’ Offer in Compromise (OIC) program is to accept an offer for less than the amount of tax that’s owed when it is in the best interest of both the taxpayer and the government and promotes … Continue reading
Posted in Back Taxes
Tagged irs settlement, offer in compromise, tax debt, tax relief
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