taxes

Failure To File Penalty Explained All taxpayers are obligated to comply with tax laws at the local, state, and federal levels, otherwise, they may be subject to tax penalties. Filing…

How To Avoid Tax Penalties With The IRS Fresh Start Program TABLE OF CONTENTS How To Avoid Tax Penalties With The IRS Fresh Start Program What Is The IRS Fresh…

Does Owing The IRS Affect Your Credit Score? TABLE OF CONTENTS Does Owing The IRS Affect Your Credit Score?What Is A Credit Score?During What Situation Does Owing The IRS Affect…

Tax Evasion Penalties Explained You've probably read these press release headlines before: "Business Owner Pleads Guilty To Tax Evasion And Sentenced To Five Years In Federal Prison Without Parole." It…

What Happens When You Report Someone To The IRS? There are cash advantages for people who become informants and report tax cheats to the IRS, known as whistleblowers. TABLE OF…

IRS Audit Process Timeline Explained TABLE OF CONTENTS IRS Audit Process TimelineWhat Is An IRS Tax Audit?Timelines For Different IRS AuditsCommon Factors That Can Extend Audit TimelinesIRS Tax Audit ProcedureWhy…

What Happens if You Get Audited & Don’t Have Receipts? Tax audits involve the IRS investigating your tax account to verify the accuracy of tax returns, asking that you provide…

Tax Relief Attorney Explained If you have concerns about your ability to pay your tax bill, the idea of spending money on hiring a tax relief attorney may seem out…

IRS 10 Year Rule: What Taxpayers Need To Know TABLE OF CONTENTS What Is The IRS 10 Year Rule?When Does The Statute Of Limitations 10-Year Period Begin?What Is The Collection…

IRS Financial Hardship Explained Facing a situation in which paying your tax debt would cause you unreasonable financial hardship where you cannot afford your basic living expenses is difficult, especially…