Rush Tax Resolution 
Thanksgiving is a time for gratitude, and a time for reflection, as we draw closer to winter and a new year. For many people, the end of the year is a great time to wrap up loose ends and prepare for a fresh start. That means taking care of old debts and liabilities. Being in …
It wouldn’t be an understatement to say that the IRS has hundreds of forms and hundreds of different formatted letters and notices it sends out each year. Keeping up with every form is an impossibility, especially for a layperson. However, a few forms are infamous and will sound recognizable, such as Form 1040 and Form W-2. Form 8857 is not one …
A CP14 notice is not a reason for panic but can be a cause for concern. CP14 is also known as an IRS balance due notice – in other words, it is a reminder from the IRS to pay your dues and to ensure that you know you owe them money. This might be a minuscule amount to …
Being warned about an impending audit can be scary, especially when the IRS knocks on your door. However, in addition to the fact that most taxpayers will have to worry about being audited, the vast majority of IRS audits do not involve a face-to-face confrontation with the IRS – they are primarily conducted via the …
Let’s start by getting right to the meat of it – the IRS never fully forgives a tax debt. Tax debt forgiveness does exist in cases of medical debt, consumer debt, and particular student loans – and although it was much easier before bankruptcy laws were massively altered in 2005, most debts could be significantly …
Do you owe the IRS money? One way of finding out is by going through any old mail they might have sent you. If you missed it the first time, a second look would help you find any notices and letters sent by the IRS explaining that you owe them money. If you haven’t received anything from …