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In an earlier blog post, we discussed options available to taxpayers facing a tax balance with either the Internal Revenue Service or one of the states.
Utilizing Form 656, Offer in Compromise, you may be in a position to negotiate a settlement with the IRS. Here are the IRS basic guidelines for making an offer.
It might be tempting to put off filing taxes because you expect a big bill, but the IRS has several options to make a tax bill less burdensome.
The Employee Retention Credit is a legitimate pandemic-era credit designed to encourage businesses affected by the pandemic to avoid laying off…
Payment extensions, settlements and status reclassification can help with tax debt.