Information on tax problems and tax debt help
28
Apr
The Obama stimulus package has a provision that credits 6.2 percent of income off your taxes, up to $400 this year and next. There is an income limit but as a bonus a married couple my receive up to $800 total, even if just one spouse works. For most people this will equal $10 to [...]
27
Apr
You can appeal IRS penalties, interest, trust fund recovery penalties, offers in compromise, liens and levies.
24
Apr
With the supersized stimulus package, the American Recovery and Reinvestment Act, the IRS is allowing for a credit on new vehicle purchases.
23
Apr
If you’re experiencing problems with the IRS, you may be able to get help from the Taxpayer Advocate Service. Six quick facts about the TAS. 1. The Taxpayer Advocate Service is your voice at the IRS. 2. You may be eligible for TAS help if you’ve tried to resolve your tax problem through normal IRS [...]
22
Apr
Most delinquent taxpayers get an automated statement once a year, updating the accumulated back taxes, interest and penalties owed. The penalties rise as the total amount owed goes unpaid.
The information provided on this Site is for general guidance and to offer the user general information on particular subjects of interest. It is not intended to constitute legal, accounting, tax or other professional advice or services. To the extent that this Site concerns tax matters, it is not intended to be used and cannot be used by a taxpayer for the purpose of avoiding penalties that may be imposed by law.