Isn't It Too Late for That? Understanding the Rules About IRS Tax Collection Limits
There are all sorts of misconceptions about the IRS. One of the bigger ones is regarding collection (and other) time limits. Most people think the IRS has just 10 years to collect its tax debt from…
Now What? I Got a CP2000 Notice. Help!
Getting any notice from the IRS can send you into a tailspin. The feeling of dread starts when you see the return address on the envelope. First things first… sit down and take a deep breath! After…
How Do I Pay the IRS What I Don’t Have? They want more than I got. Can you get blood from a stone?
Usually, there’s a reason people haven’t paid their taxes in full. One of those reasons can be that they don’t have the money. Sounds reasonable, right? Well, the IRS feels otherwise. If you have a…
Court’s Decision: TurboTax Not to Blame for Taxpayer’s Submitted Tax Return Rejection, Taxpayer on the Hook for an Estimated $200,000 in Penalties, Part Two of a Two-Part Series
In part one of this series, we talked about the case of John Spottiswood and his TurboTax return. Back in April 2013, John Spottiswood filed his 2012, along with the $395,619 in taxes due, via…
5 Ways Dogs Help with Taxes (and Life in General)
Every day is a dog day at SFS Tax. Buddha Belly, an adorable Yorkshire Terrier, is a constant fixture around the office. He brings joy to all of us. (And begs for treats, of course… he has gained a…
Court’s Decision: TurboTax Not to Blame for Taxpayer’s Submitted Tax Return Rejection Taxpayer on the Hook for an Estimated $200,000 in Penalties, Part One
Part One of a Two-Part Series It was just days before the tax deadline in April 2013. John Spottiswood prepared his joint return for himself and his wife and submitted it to TurboTax. Along with his…
Now What? I Got a CP59 Notice from the IRS. Help!
April 15th is now well behind us. If you didn’t file your tax return (or file for an extension), a CP59 notice from the IRS may soon be appearing in a mailbox near you. How Do I Know I Got a CP59…
You got a tax notice. You cannot run or hide, so now what? What to do when the IRS wants something from you.
You Got a Tax Notice. You Cannot Run or Hide, So Now What? What to Do When the IRS Wants Something from You. An SFS Tax Problem Solutions Blog. So you got a tax notice. Plan your next move very, very…
Stormy Daniel's Attorney's Firm Failed to Pay Back Tax Payment of Over $440,000, Could Face Legal Action by the Federal Government
A law firm tied to Stormy Daniel’s attorney is in hot water with the IRS over a missed back tax payment of over $440,000 that was due the week of May 14. Michael Avenatti “personally guaranteed” the…
