by admin | Nov 16, 2022 | Solve Your IRS Tax Problems
A taxpayer recently settled a large credit card debt with his lender. The question he then asked is “Do I need to declare the canceled debt as “income” on my tax return. The short answer is yes, but there are exceptions. A bank or other lending institution that...
by admin | Nov 16, 2022 | Solve Your IRS Tax Problems
We receive calls every day from taxpayers who owe the IRS and are concerned about their ability to pay. While the IRS is demanding immediate action, the client is facing liens on their property, paycheck levies, and a reduced quality of life. So they may hear a...
by admin | Nov 16, 2022 | Solve Your IRS Tax Problems
Updated: Aug 29 WHAT IS AN ENROLLED AGENT? Enrolled agents (EAs) are America’s Tax Experts. EAs are the only federally licensed tax practitioners who specialize in taxation and also have unlimited rights to represent taxpayers before the IRS. WHAT DOES THE TERM...
by admin | Nov 16, 2022 | Solve Your IRS Tax Problems
This article is for you if you have ever been told that you don’t qualify for an Offer in Compromise. There is another strategy for you to use in your tax relief toolkit. Introduction If you are unable to pay your taxes when they are due, the IRS provides...
by admin | Nov 16, 2022 | Solve Your IRS Tax Problems
What does this mean for taxpayers who have resolution and representation needs? Aubrey Corcoran, EA Ever since President Biden signed the Inflation Reduction Act during the summer of 2022, there has been much talk about the $80 Billion dollars earmarked to fund the...
