Information on tax problems and tax debt help
24
Mar
If you own a small business or are self-employed and you find that important tax dates quickly creep up on you or you forget altogether, the IRS has lots of useful tools available to help! In today’s busy world it is easy to let a tax payment slip, subjecting you to penalties and interest. To [...]
24
Mar
The IRS recently announced a special voluntary disclosure initiative, the 2011 Offshore Voluntary Disclosure Initiative (OVDI), designed to encourage people with undisclosed income from hidden offshore accounts or hidden assets to get current with their taxes. According to IRS Commissioner Doug Shulman, “This new effort gives those hiding money in foreign accounts a tough, fair [...]
23
Mar
The IRS is now seeking volunteers to join the Taxpayer Advocacy Panel (TAP). TAP is a nationwide Federal Advisory Committee that provides a forum for citizens to help identify taxpayers’ issues and makes suggestions for improving IRS services and customer satisfaction. The panel is demographically and geographically diverse, with at least one member from each [...]
14
Mar
We submitted a separate offer for the husband to address his debts, and recently received an accepted counter-offer from the Internal Revenue Service for $1,600 on his remaining $45,000 tax debts.
3
Mar
Refunds totaling more than $1.1 billion may be waiting for nearly 1.1 million people who did not file a federal income tax return for 2007, the Internal Revenue Service announced today. However, to collect the money, a return for 2007 must be filed with the IRS no later than Monday, April 18, 2011. By failing [...]
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.