Settling Tax Debt- Making an Offer in Compromise
Taxpayers who owe money to the IRS often feel helpless and procrastinate, waiting for the IRS to force collection. There are many ways that a taxpayer can take the [...]
Taxpayers who owe money to the IRS often feel helpless and procrastinate, waiting for the IRS to force collection. There are many ways that a taxpayer can take the [...]
There is an old saying that you cannot eat an elephant in one sitting, so over the next few blogs, I am going to take apart the new [...]
The new tax reform law has passed Congress and is awaiting the President’s signature! There are a lot of Christmas goodies in the new law, but a few lumps [...]
The Conference Committee has reached a deal on tax reform! The bill will now go to the full House and Senate where it is expected to pass. I will have [...]
From the Desk of Lauran L Stevenson Defining Your Charitable Contributions In recent years, there has been an influx of options available for charitable giving and gift giving to online [...]
From the Desk of Lauran L. Stevenson The IRS’ Heavy Reliance on the Online Account Benefits In December of 2016, the IRS launched a new taxpayer service that is supposed [...]
From the Desk of Michael T. McCormick The New Illinois Tax Hike Illinois budget legislation has been enacted over Gov. Bruce Rauner’s veto that increases corporate and personal income tax [...]
From the Desk of Lauran L. Stevenson Taxpayer Advocate Service Mid-Year Report to Congress This week’s post will introduce the Fiscal Year Objectives Report to Congress. This report presents a [...]
From the Desk of Lauran L. Stevenson When the IRS Knocks The IRS has created a special new page (“How to know it’s really the IRS calling or knocking on [...]
From the Desk of Lauran L. Stevenson What to Do When an IRS Letter Arrives: “Tips” from the IRS Recently, the IRS issued several tax tips on how to handle [...]
From the Desk of Lauran L. Stevenson Private Collection of Some Overdue Taxes Starting this month, the IRS will begin sending letters to a select group of taxpayers whose overdue [...]
From the Desk of Lauran L. Stevenson Tax Refund Offset Pay Unpaid Debts If you cannot pay your taxes in full, the IRS will work with you to resolve your [...]