tax resolution: IRS Fresh Start Program Initiative – Ways to Settle Back Taxes - 05/30/21 03:51 AM
You've worked hard, but for whatever reason, you find that your tax debt cannot be paid on time and you don't know how to resolve it.
Owing the IRS for back taxes is a nightmare you never thought you would take part in. Yet, here it is. The penalties are accumulating and the threatening letters have arrived.
You're not alone. The IRS collects millions from taxpayers in penalties for failure to pay. Yet, many taxpayers are unaware that the IRS does have programs to help you get back on track.
Curious about the IRS Fresh Start Program? Check out our informative article for a helpful overview of … (4 comments)

tax resolution: IRS OFFER IN COMPROMISE: WHAT TO KNOW - 05/29/21 05:43 PM
Some 14 million Americans owe a whopping $131 billion in back taxes, penalties, and interest from 2018. It's not surprising to know that not only does the IRS keep track of these things, but they will also do what they can to get the money. 
The IRS has an IRS’ collection statute which gives them a ten-year window to collect back taxes from individuals. 
Are you one of the millions who still owe back taxes? Are you hoping to find a way to negotiate the amount you actually owe to the IRS? If you're nearing the end of the window the IRS can collect, you might … (1 comments)

tax resolution: Impacts of Teleworking on Tax Obligations During Tragic COVID-19 - 10/22/20 01:26 AM

How teleworking is impacting your tax obligations during the COVID-19 pandemicAs the COVID-19 outbreak continues, many employers are continuing to encourage or require their employees to work from home (i.e., telework).
Such remote working arrangements could potentially have tax implications that should be considered.
State tax obligations for the employer
When an employee works in more than one state, an employer may be obligated to withhold and remit income taxes to each relevant state.
In response to COVID-19, some states have issued specific guidance on whether remote employees temporarily working in a state due to the impact of COVID-19 create nexus or a tax … (2 comments)

tax resolution: Can the IRS Put You in Jeopardy? - 10/21/20 02:58 AM
Do You Owe The IRS Money? Possible IRS Tax Resolution Strategies to Set Your Mind at Ease Even for honest taxpayers, the IRS can be frightening. Unlike most other government agencies, it has the power to attach your wages, freeze your bank account and even confiscate your property, and that is enough to send a chill up the spine of any taxpayer.
If you receive a letter from the IRS saying that you owe additional taxes, it is important not to panic. It may be a frightening situation, but there are things you can do to settle your tax debt and get back … (2 comments)

tax resolution: 3 Collection Alternatives To Solve IRS Back-Tax Debt Problems - 10/10/20 08:17 AM
Collection alternatives if you cannot pay the tax debt We know the story: things are tight financially, so you either (1) do not file the tax return, or (2) file the return but don’t pay the balance due. But do not worry, you tell yourself, next year will be better.
Now it is 2-3 years later and a letter arrives from the IRS, and the threats start, and maybe it has even gotten to the point of actual levy and seizure activity.
Now the IRS is wreaking havoc on your financial life and you simply do not know what to do.
(7 comments)

 
Keith Jones, CPA, I help GOOD FOLKS solve IRS tax problems & restore (Keith Jones, CPA TheCPATaxProblemSolver)

Keith Jones, CPA

I help GOOD FOLKS solve IRS tax problems & restore

Jacksonville, FL

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Keith Jones, CPA TheCPATaxProblemSolver

Address: 14333 Beach Blvd., Suite 33, Jacksonville, Florida , 32250

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