taxresolutionrelief: 8 Ways to Get Ready for Tax Season and Avoid a Back Tax Problem - 11/21/21 04:04 PM
 
The holidays are here. Not to be a grinch but right around the corner is a less fondly anticipated time of year. Before you know it, you will be taking down the Christmas tree, pulling down the holiday lights and getting ready for the tax season to come.
Tax season is decidedly less fun than holiday season, but the two times of year do have one thing in common. Just like the holidays, tax season requires lots of preparation and planning, and if you want to be ready, you need to start early.
Why are we writing this article? It's not to spoil … (0 comments)

taxresolutionrelief: Self-Employment Taxes and The Common Traps To Avoid So You Don’t Owe Back Taxes - 02/28/21 06:48 PM
 
 
People often dream of quitting their jobs and going into business for themselves to pursue a passion and work without a boss. Self-employment can be a rewarding career decision, but it can lead to higher taxes and tax returns that are more complex than what you initially bargained for. 
 
If you’re self-employed, it is important to understand how taxes work so you can avoid making a mistake and owing more than your fair share of taxes. 
 
Note: If you owe back taxes and need tax relief, our firm can help! We specialize in resolving complicated self-employed and small business back tax problems. Contact … (1 comments)

taxresolutionrelief: What is a Levy? IRS and Other Asset Levies Explained - 10/12/20 10:31 AM
    Falling behind on your debts is never a fun place to be. It’s less fun when a levy is placed on your assets. In this article, we take a look at what an IRS levy is, why it happens, and what you can do about it.
Note: If you have any tax trouble or owe more than $10k to the IRS or state but can’t pay in full, contact our firm today. We help people find tax relief. Often, we can resolve your IRS levy without you having to talk to the IRS. Call today.
What is an IRS Levy?Simply put, if you owe … (0 comments)

taxresolutionrelief: Four Things Your Tax Preparer Won't Tell You (and How It Can Get You In Tax Trouble) - 09/15/20 08:43 AM
 
 
Tax time will be here (again) before you know it. If your tax return is a simple one, you may be up to filing the return yourself. But if your situation is somewhat complicated, seeking the help of a qualified professional is probably the best move.
 
Our firm specializes in helping people resolve their back-tax problems such as filing years of unfiled returns, settling your back taxes with the IRS, or negotiating favorable payment plans often unknown to the common taxpayer.
 
There are millions of people getting threatening letters from the IRS every year and we can help. But how did these mostly … (0 comments)

taxresolutionrelief: IRS Collections Is Starting Back Up. What To Do If You Owe Back Taxes - 07/26/20 09:36 PM
 
2020 threw a huge wrench into everything and the IRS collections proceedings are no exception.  With the tax deadline pushed until July 15th and a lot of the IRS closed under shelter at home orders due to COVID19, to the IRS being tasked with sending millions of Americans their stimulus checks, the IRS collections proceedings took a backseat.
 
If you owe back taxes you might just assume you got some breathing room. However, things are starting to pick back up.
 
According to the Taxpayer Advocate, as of late June 2020, the IRS generated more than 20 million notices, yet these notices were … (0 comments)

taxresolutionrelief: Part 2: Tax Relief and COVID-19  - 05/04/20 07:24 AM
 
COVID-19 is affecting millions of Americans in all aspects of their life. As of the beginning of May, 1 million Americans tested positive for the disease.
 
A much more striking number is the number of people whose finances have been shred to pieces with the prolonged shutdown and “stay-at-home” orders. 
 
In just the first 6 weeks of the pandemic, 30 million people filed for unemployment, with that number continuing to climb. We’re now almost certainly in the midst of the most difficult financial crisis we’ve seen in the last 100 years.
 
As an expert tax resolution firm, our job is to help restore the … (0 comments)

taxresolutionrelief: Tax Relief Available During COVID-19 - 04/29/20 07:12 AM
 
 
Much like a natural disaster, the coronavirus took the world by storm and forced everyone to seek “shelter at home” and to change their daily habits in an effort to “flatten the curve”. This meant shutting down businesses and within a week, millions of Americans found themselves out of a job.
 
Businesses who had record sales at the beginning of March found themselves near insolvency by the end of March. Despite a $2 trillion stimulus bill, the economy will undoubtedly take a bit hit and take time to recover.
 
People who were already in debt and behind on their taxes are finding it … (0 comments)