Hurricanes and Taxpayer Representation
9/29/22 weekly letter Hurricanes and Taxpayer Representation, Hurry Up and Wait! Greetings, I am by nature an impatient person and seek immediate gratification, as are folks that are in need of tax…
Time to File Your Tax Return
How to Handle Your Taxes During an Economic Crisis Time to file your 2019 tax return and your delinquent returns. Whether it is a global pandemic shutting the economy down for months on end, a stock…
Stop an IRS Tax Levy
Of all the creditors or companies, you might owe money to, the Internal Revenue Service can be the least forgiving about debt. If you don't pay your taxes, the IRS will levy and take possession of…
All About Cryptocurrency Tax Loss Harvesting
This article about Cryptocurrency Tax Loss Harvesting explains: what is tax loss harvesting how you can use this method to reduce your cryptocurrency tax liability One of the most effective ways to…
F is for First Time Penalty Abatement
F is for First Time Penalty Abatement The first time penalty abatement (FTA) waiver is an administrative waiver that the IRS may grant to relieve taxpayers from failure-to-file, failure-to-pay and…
E is for (Tax) Evasion
The Tax Resolution Alphabet -E is for (Tax) Evasion. Tax evasion occurs when a person or business illegally avoids paying their tax liability, which is a criminal charge that’s subject to penalties…
D is for Debt Relief
The Tax Resolution Alphabet – D is for Debt Relief If you are struggling with IRS tax debt and feel like it’s a hopeless situation, it may not be as awful as you think. The IRS Fresh Start…
C is for Currently Not Collectible
C is for the Currently Not Collectible Status from the IRS Big companies are known for getting all sorts of breaks, but when average people fall behind, they rarely receive help. When you owe back…
B is for Back Taxes
Owe Money to the IRS? It’s Called Back Taxes Back taxes refer to taxes owed from a prior year. A taxpayer may be behind in paying taxes for intentional or negligent reasons. Some of these…
