Can You Face Criminal Charges for Not Filing a Tax Return?
Failing to file a tax return is a serious issue that can lead to IRS penalties, but did you know it can also result in criminal charges? The IRS does … Read more
Failing to file a tax return is a serious issue that can lead to IRS penalties, but did you know it can also result in criminal charges? The IRS does … Read more
Filing unfiled tax returns is an important step in addressing IRS compliance issues. If you’ve missed filing in previous years, catching up on these returns can help prevent further penalties … Read more
Falling behind on filing tax returns is a common issue that affects millions of taxpayers. Whether it’s due to life events, financial struggles, or simply feeling overwhelmed, unfiled returns can … Read more
An IRS CP59 notice is an official letter sent by the IRS when they have no record of receiving your tax return for a specific year. This situation could arise … Read more
If you’ve received an IRS notice and believe it’s a mistake, you might be tempted to ignore it, especially if you’re confident the issue will resolve itself. However, ignoring the … Read more
IRS Letter 226-J is a notification sent by the IRS to employers who may owe an Employer Shared Responsibility Payment (ESRP) under the Affordable Care Act (ACA). This letter is … Read more
Waiting for a tax refund is always an exercise in patience, but what happens if the check never arrives? If you suspect your refund check is lost, stolen, or was … Read more
IRS Form 433-F can be a helpful tool if you’re struggling to pay your tax debt in full and need a manageable plan to address what you owe. The IRS … Read more
When dealing with tax debt, the IRS requires certain information to understand your financial situation fully. IRS Form 433-A is a detailed form that allows taxpayers to give the IRS … Read more
When the IRS places a lien on your property, it can feel overwhelming. A federal tax lien gives the government a legal claim to your property, including real estate, financial … Read more
Dealing with tax debt can be overwhelming, especially when financial difficulties make it impossible to pay what you owe. This is where the IRS’s Currently Not Collectible (CNC) status may … Read more
When you’re unable to pay your tax debt, the IRS offers some temporary relief through the Currently Not Collectible (CNC) status. While CNC may seem like a solution to pressing … Read more
If you can’t pay your full tax bill right away, the IRS may let you set up a payment plan. Once the IRS approves your request for an installment agreement … Read more
Receiving a rejection notice for your Offer in Compromise (OIC) submission can be disheartening, but it’s not the end of the road. There are several steps you can take to … Read more
When dealing with the IRS, it’s important to understand the forms that delegate authority to manage or represent a taxpayer’s interests. Two forms commonly used for this purpose are IRS … Read more
When you take on the role of a fiduciary—such as an executor of an estate, a trustee of a trust, or a guardian for a minor or incapacitated person—you assume … Read more
If you’re a business owner who applied for the Employee Retention Tax Credit (ERTC or sometimes ETC or ERC), there’s good news on the horizon! After a long pause to … Read more
When the IRS initiates collection actions like liens or levies, it can be a stressful experience. However, taxpayers have rights and options to challenge these actions. One powerful tool at … Read more
With the announcement of the second Employee Retention Credit (ERC) Voluntary Disclosure Program (ERC-VDP) for 2021 tax periods, businesses, tax-exempt organizations, and government entities now have an opportunity to correct … Read more
When it comes to payroll taxes, the IRS takes noncompliance very seriously. Employers are required to withhold certain taxes—known as “trust fund taxes“—from their employees’ wages and remit them to … Read more
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