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Can You Have 2 Installment Agreements With the IRS?

Can You Have 2 Installment Agreements With the IRS - Rush Tax Resolution

If you are experiencing tax debt and owe money to the IRS, you have the option of creating a payment plan, also called an installment agreement; but can you have 2 installment agreements with the IRS? Can you have 2 installment agreements with the IRS? Not exactly. When you owe taxes, the IRS allows you to …

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Three Paths to IRS Innocent Spouse Relief

Three Paths to IRS Innocent Spouse Relief - Rush Tax Resolution

Getting into tax debt is a serious problem – especially when you have no idea how you ended up owing the IRS money. Unfortunately, that is the case for thousands of Americans who find themselves on the other end of frightening notices and warning letters indicating that they might face financial penalties and growing tax …

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Understanding First-Time Penalty Abatement

Understanding First-Time Penalty Abatement - Rush Tax Resolutionn

The IRS issues millions of penalties every year. Most of these are for missed or late payments or returns, but sometimes, taxpayers incur the IRS’s ire in different ways, such as missing payroll taxes on their business or bouncing a check. These penalties add up over time – some are flat penalties, while others are …

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When to File a Nonresident State Tax Return

When to File a Nonresident State Tax Return - Rush Tax Resolution

The federal government requires you to report all income, calculate your total tax liability, and subtract the standard deduction (or any qualifying itemized deductions). However, most states also require you to pay additional state income taxes, which can be complicated. If you live in one state but work in another, you’ll need to fill out …

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