ERC Claims Error? Here’s What The IRS Wants You to Do
If you suspect inaccuracies in your ERC claim, the IRS has outlined several options to help you correct the issue and avoid potential penalties and audits. Here’s a detailed guide … Read more
How to Get Your Tax Transcripts: A Step-by-Step Guide to Form 4506-T
When dealing with taxes, whether for personal financial planning, applying for loans, or resolving disputes, you may need to obtain a tax transcript from the IRS. This blog post will … Read more
Power of Attorney: Who Can Represent You Before the IRS?
When dealing with tax matters, it can often be beneficial to have a qualified representative act on your behalf. The IRS allows several types of professionals and individuals to serve … Read more
Filing Taxes on Investment Sales? Use IRS Form 8949 (Here’s How)
Tax season often brings a flurry of forms and documents, each serving a specific purpose in the complex landscape of tax filing. One such form, often a point of confusion … Read more
Understanding IRS Form 9465: How to Request an Installment Agreement?
Tax season can be a daunting time for many individuals and businesses alike, especially when faced with the challenge of paying off tax liabilities in a lump sum. Fortunately, the … Read more
IRS Form 2848 Explained: How to Authorize Someone to Represent You
When it comes to navigating the complexities of taxes, sometimes you need a little help from someone you trust. This is where IRS Form 2848, also known as the Power … Read more
What You Need to Know About IRS Notice CP210/CP220
When the IRS identifies discrepancies or adjustments needed for a specific tax year, they notify taxpayers through Notice CP210 or CP220. These notices are typically sent to businesses, informing them … Read more
IRS CP91 or CP298 Notice: Final Notice Before Levy on Social Security Benefits
From our previous blog post, we learned that it is indeed possible for the IRS to garnish Social Security benefits through the Federal Payment Levy Program (FPLP). This program allows … Read more
Update on ERC Processing Delays (June 2024)
There’s a new update as of Thursday, June 20, 2024 regarding the IRS’s processing of ERC claims. This comes via an announcement directly from IRS Commission Danny Werfel. The new … Read more
Understanding the IRS Substitute for Return (SFR)
Tax season can be overwhelming, but failing to file your tax return can lead to even bigger issues. If you don’t file your return, the IRS might step in and … Read more
Are Tax Liens Public Records?
Yes, tax liens are public records. When the IRS files a Notice of Federal Tax Lien, it becomes a public document, signaling that the government has a legal claim against … Read more
IRS Form 8822: Updating Your Address With The IRS
Have you recently moved homes? Or perhaps your business has relocated to a new address? In either case, making sure that the IRS has your updated mailing address is crucial … Read more
Can the IRS Garnish Social Security Income? Understanding the Facts
For those facing IRS collection actions, one of the questions that may arise is whether the IRS can garnish Social Security benefits to satisfy tax debts. The answer to this … Read more
Guide to IRS Form 941: Quarterly Tax Reporting for Employers (Updated 2024)
For many businesses, dealing with taxes can often feel like a puzzle, filled with complex forms and ever-changing regulations. Among the multitude of documents employers need to grapple with is … Read more
Can the IRS take your house?
If you owe taxes, one of the most common concerns that may come to your mind is whether the IRS can take your home and seize it. It’s a daunting … Read more
Does the IRS come to your house? What Taxpayers Need to Know in 2024
As a tax attorney, I often field questions from clients about the possibility of the IRS visiting their homes. The idea of a government agency showing up unannounced can be … Read more
Has the IRS Started Approving Refunds for 2024? Latest Update
Exciting news for taxpayers! Tax season is officially over, marking the end of a period of anticipation and preparation. As we reflect on this tax season, the IRS has shared … Read more
Extended ERC Wait Times for 2024
*** Read the recent IRS update on ERC processing as of June 20, 2024 Many business owners who submitted ERC claims and are still waiting on their credit to be … Read more
What is the Process for Submitting an ERTC Tax Credit Claim?
When exploring the process of claiming the Employee Retention Credit (ERC), also known as the Employee Retention Tax Credit (ERTC), it’s essential to understand that it revolves around the revision … Read more
A Quick Guide to IRS Form 843
Understanding the opportune moment to file for a refund or request an abatement holds significant importance for individuals looking to enhance their financial position. Whether rectifying errors, responding to changes … Read more
