Guide to IRS Payment Plans or Installment Agreements
The Basics of IRS Payment Plans or Installment Agreements IRS installment agreements, also called IRS payment plans, are offered to...
Section 1031 Exchange and Delaware Statutory Trust
Section 1031 Exchange for Real Estate Investors Section 1031 allows an investor to sell real estate for a gain and...
Currently Not Collectible (IRS Hardship Program)
IRS Hardship Program It is a regular occurrence that we see clients in our accounting firm who owe taxes to...
Federal Tax Lien in 2022
IRS Tax Liens: The Basics If you owe money to the IRS, then there is already a tax lien against...
IRS Appeals Process
The IRS Appeals Process for collections began in 1998 with the IRS Restructuring and Reform Act. As a result...
Expense Deduction for Teachers: $50 Increase
Educator Expenses: A Bit of Good News The IRS increased the expense deduction for teachers by $50! While this is...
Statute of Limitations and IRS Tax Relief Programs
The statute of limitations gives the IRS up to 10 years to collect a tax. Once the 10-year period...
IRS Negotiation: The First Step
IRS negotiation is a fundamental part of our tax practice. Typically, negotiation is required when the taxpayer owes taxes,...
ERTC: How to Get the Employee Retention Tax Credit
As a response to the economic downturn caused by the COVID pandemic, the Employee Retention Tax Credit or ERTC...
Resolve Your Tax Debt To Save Your Passport
Do you have upcoming travel plans? If you owe significant tax debt, you may be in for a surprise. The State...
