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…
2020, The Year You Deal With Your Back Taxes!
2020, The Year You Deal With Your Back Taxes! Deal With Your Back Taxes. According to the IRS, more than 13.2 million Americans owe back taxes. The majority of these cases involve amounts that seem…
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…
A is for Appeals
IRS Appeals An unexpected envelope from the Internal Revenue Service is never a good thing. It’s never pleasant, but any letter that you receive should not be ignored, especially if you…
Year-End Tax Savings Strategies
Though our firm specializes in helping people resolve their IRS or state back tax problems, we also love saving you money. After all, one of the best ways to avoid getting into tax trouble is to…
