tax preparation: Minnesota : Type of IRS Penalty Relief.
- 11/29/20 08:43 PM
I represent taxpayers in Minneapolis, Minnesota and all the 50 States in the United State before all administrative levels—examination, collection, and appeals—of the Internal Revenue Service (IRS).
If you owe back tax debts you may qualify for some type of penalty relief from the IRS. The IRS will not inform you about the type of relief available to you. It is your responsibilty to request a penalty abatement or penalty release on the back taxes from the IRS. The following types of penalty relief are offered by the IRS.
First Time Abatement (FTA) This is the easiest and the most common penalty abatement.You … (1 comments)
tax preparation: Maple Grove, MN: Other IRS Notices you might receive – Back Taxes
- 10/25/20 09:47 PM
I represent taxpayers in Maple Grove, Minnesota and all the 50 States in the United State before all administrative levels—examination, collection, and appeals—of the Internal Revenue Service (IRS). The IRS sends out several notices to taxpayers. In this blog, I want to talk about notices you might get if you owe back taxes or have issues with your tax return to the IRS. Here are some of the notices:
IRS504B Notice There is an unpaid amount due on the taxpayers account. If they do not pay the amount due immediately, the IRS will seize (levy) their state income tax refund and apply it … (0 comments)
tax preparation: Maple Grove, MN : Understanding IRS Collection Notices/Letters.
- 10/11/20 10:15 PM
I represent taxpayers in Maple Grove, Minnesota and all the 50 States in the United State before all administrative levels—examination, collection, and appeals—of the Internal Revenue Service (IRS). For you to stop IRS Collections you must understand the collection process. Today we are going to talk about understanding the typical IRS Collection notices/letters .
CP501 Notice - There is a balance due on the taxpayers account. This is a friendly reminder from the IRS that you still have an unpaid tax bill. The CP501 notice includes a recap of the amount you owe plus any penalties and interest that have accrued. If the taxpayer doesn't pay … (0 comments)
tax preparation: Maple Grove, MN : What is Tax Compliance?
- 10/10/20 11:05 PM
I represent taxpayers in Maple Grove, Minnesota and all the 50 States in the United State before all administrative levels—examination, collection, and appeals—of the Internal Revenue Service (IRS). Tax compliance is a critical step in resolving IRS Tax debt. In most cases, the IRS will not consider any collection alternatives proposal such as Offer -In- Compromise, Installment Agreement, Currently not Collectible Status, if the taxpayer or business is not in tax compliance. You also must maintain compliance after reaching a deal with the IRS. If you fail to maintain compliance, the IRS, can and will void the deal. Tax Compliance simply means that the taxpayer or … (0 comments)
tax preparation: Video:: Maple Grove, MN : How to Stop IRS Collections?
- 10/07/20 09:15 PM
I recently uploaded a video on YouTube about the blog “How to Stop IRS Collections?”. You can check out through this link. If you or someone you know has unfiled tax returns or some other federal or state tax issue such as Payroll, Sales tax, please feel free to contact me at either (612) 516 5878 or by email at joe.alabi@fishcointax.com.
Joe Alabi EA MAcct(Taxation) FishCoin Tax Solutions Ph. (612) 516 – 5878 Fax (651) 419 -2021 www.fishcointax.com Email : info@fishcointax.com
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tax preparation: How to Stop IRS Collections?
- 10/07/20 08:57 PM
I represent taxpayers in Maple Grove, Minnesota and all the 50 States in the United State before all administrative levels—examination, collection, and appeals—of the Internal Revenue Service (IRS). For you to stop IRS Collections you must understand the collection process. The first step to stop IRS Collections is to call the IRS(the phone number to call is on the IRS notice/letter). It sounds simple but very important.The IRS might be planning to levy your bank account,garnish your wages or enforce other collection actions on your assets,time is of the essence. On the phone you should ask the Revenue Officer/Agent for time to … (1 comments)
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Joe Alabi EA
Tax Resolution Specialist - Help with IRS Problems
I represent taxpayers in Minneapolis, Minnesota and all the 50 States in the United State before all administrative levels—examination, collection, and appeals—of the Internal Revenue Service (IRS).
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