Posts about

Resolving tax debt (3)

Can You Compromise a Collected Payroll Tax?

In order to maintain a successful business, it is important to comply with all state and federal tax laws. This includes paying your payroll taxes on time and in full. What happens if you can't pay? Can the government come after you for the money?...

Why You Should Consider Filing “Married-Filing Separately”

Tax season is in full swing, and many couples are wondering whether they should file their taxes jointly or separately. While there are many factors to consider when making this decision, filing separately may be a wise choice for some couples. In...

Offers-In-Compromise: How to Determine If You Are an Offer Candidate

Are you struggling to pay your taxes? Have you received a notice from the IRS stating that they are going to levy your assets? If so, you may be eligible for an Offer-in-Compromise. An Offer-in-Compromise is a program offered by the IRS that allows...

The Various Types of Offers-in-Compromise

The Offer-in-Compromise program is one of the IRS's most powerful tools to collect taxes. It allows taxpayers to settle their tax debt for less than the full amount owed. An offer-in-compromise is a settlement that you offer to the IRS in order to...

Offers-in-Compromise: How the RCP Formula actually works

For individuals who owe the IRS money, an offer in compromise may seem like a dream come true. This program allows taxpayers to settle their debt for less than the full amount owed. However, the IRS has its own set of rules that they use to...

Offers-in-Compromise and Tax Compliance: What you need to know

In order to stay compliant with tax laws, it is important for businesses to understand the ins and outs of offers-in-compromise. This process can be confusing, but our team is here to help. Here are the basics of offers-in-compromise and how they...

The offer-in-compromise process

The offer-in-compromise process is a way for taxpayers to settle their tax debt for less than the full amount owed. This can be an attractive option for taxpayers who are unable to pay their full tax bill, or who want to avoid the hassle and expense...

Streamlined Agreements – Who Qualifies and Who Does Not?

The Streamlined Agreements initiative was launched in 2012 to help U.S. citizens and businesses reduce the burden of tax compliance. Since its inception, the program has helped many taxpayers take advantage of its benefits. However, there are some...

IRS Installment Agreements – Which One is Right for You?

If you owe the IRS money, you may be wondering if you should enter into an installment agreement. This can be a confusing process, so it's important to understand all of your options. In this blog post, we will discuss the different types of...

The IRS Fresh Start Program: How To Get Your IRS Debt Forgiven

Are you struggling to pay your IRS debt? Are you feeling overwhelmed and hopeless? You are not alone. Millions of Americans are in the same boat. However, there is hope. The IRS has a Fresh Start Program that can help you get your debt forgiven. In...