IRS Myth 3: The IRS Is Impossible To Deal With
This article is part of our series on the 12 Myths About the IRS That Taxpayers Need To Know. The IRS has rules that they must follow. There is the … Read more
IRS Myth 2: Taxpayers Have No Right To Question IRS Decisions
This article is part of our series on the 12 Myths About the IRS That Taxpayers Need To Know. Here is the Taxpayer Bill of Rights: 1. The Right to … Read more
IRS Myth 11: Once You Get Audited, The IRS Will Never Leave You Alone
This article is part of our series on the 12 Myths About the IRS That Taxpayers Need To Know. The IRS audits less than 1% of the total tax returns filed. … Read more
IRS Myth 10: The IRS Cannot Take Your House If It Is Your Homestead
This article is part of our series on the 12 Myths About the IRS That Taxpayers Need To Know. While it is true that the IRS cannot one day put a … Read more
IRS Myth 1: People Who Do Not Pay Their Taxes Are Bad People
This article is part of our series on the 12 Myths About the IRS That Taxpayers Need To Know. I talk to taxpayers, clients, and prospective clients either on the … Read more
Understanding the IRS LT11 Notice (aka Letter 1058)
Receiving an IRS LT11 notice or Letter 1058 can undoubtedly elicit concern, yet sorting out the particulars is key to mitigating the associated apprehension. In this blog post, we will … Read more
IRS Letter 226-J: Handling ESRP Assessments for Employers
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
IRS Installment Plan Versus Offer in Compromise
Tax season is coming to a close and with that comes the dreaded IRS audit and collection letters. If you are one of millions of taxpayers who owe the IRS … Read more
IRS Installment Agreements
Hi, I’m tax attorney Steve Klitzner. My practice is limited solely to representing individuals and businesses with IRS problems. In the beginning of 2012, the IRS came out with a … Read more
IRS Red Flags for Employee Retention Credit Claims: What Businesses Need to Know
In a July 2024 article published by the IRS, additional warning signs have been identified for incorrect Employee Retention Credit (ERC) claims. These updates come as part of the IRS’s … 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
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
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
IRS Form 56 or Form 2848: Key Differences Every Taxpayer Should Know
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
Notifying the IRS of Your Fiduciary Role: How to Use Form 56
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
IRS Form 433-F: Quick and Easy Financial Disclosure for Taxpayers
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
IRS Form 433-D Explained: How to Set Up an IRS Installment Agreement
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
A Business’s Guide to Completing IRS Form 433-B
If your business is grappling with tax debt, you might find yourself required to submit IRS Form 433-B, also known as the Collection Information Statement for Businesses. This form is … Read more
A Quick Guide to IRS Form 433-A for Wage Earners and Self-Employed
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
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
