With Hurricane season upon us and the current wildfires going on in the United States some people are asking the question “ Is there tax relief for Natural Disasters?” The IRS has announced that victims of Hurricane Ida that began… Continue Reading…
August 17, 2021
Advanced Child Tax Credit (ACTC) is a revision of the payment timing of regular Child Tax Credit (CTC). This revision includes monthly payment allocations of half the CTC. Taxpayers will claim the 2nd half of the CTC when they file… Continue Reading…
October 31, 2019
If you owe a tax debt to the IRS for back taxes and are searching for help for settling the taxes owed to the IRS, learning about the options you have available to get tax debt relief is important to… Continue Reading…
October 31, 2019
5 things you need to understand about a levy are : Knowing what a levy means When are you subject to a levy Which of your assets can be affected How can a levy be released How to avoid a… Continue Reading…
October 26, 2019
IRS Form 8379, Injured Spouse Allocation, allows married couples to avoid disagreements over tax refunds that may be seized by the IRS due to past tax owed by one of the spouses. To obtain the tax refund allocation relief, the… Continue Reading…
October 26, 2019
The Innocent Spouse rule helps a spouse get relief from the tax owed due to errors, or inaccuracies filed on joint tax returns by the other spouse. To qualify to file for this relief : You filed a joint return… Continue Reading…
October 25, 2019
Facing a tax audit can be nerve-racking, however, being familiar with the IRS timelines and statutes can be useful in knowing how soon the nightmare will end. The standard deadline for how far back the IRS can conduct an audit… Continue Reading…
October 24, 2019
If you’re late in sending in your tax returns, do not fret since the Internal Revenue Service (IRS) is highly lenient regarding the extension of the deadline. However, you need to take the necessary steps in time to avoid penalties…. Continue Reading…
August 26, 2019
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August 26, 2019
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec Lorem… Continue Reading…