Payroll tax management is something every business needs to maintain success. But understanding how taxes work can be challenging and is essential if you are a small business owner starting to manage costs. Even if you outsource the legwork to your “tax guy,” a solid understanding of payroll is crucial because if something goes wrong, …
Receiving mail from the IRS is seldom a pleasant experience, excepting the occasional tax refund. It’s even less enjoyable when the message comes with a bill, or worse. While the IRS faces a significant tax gap each year, they mobilize its resources to close that gap, including issuing tax liens and levies to encourage or coerce repayment. …
When most people are asked to take picture of an IRS audit, they likely think about a federal agent coming to knock on their door with a suitcase full of the necessary paperwork, and not an ounce of humor. The encounter is typically followed by a series of cutting questions about the financial details of …
Dealing with debt is never easy, but it can become more complex when your creditor is the US government. The IRS is well-known for deploying multiple collection actions to try and coerce payment. The collections enforce payments down to wage garnishment and property levies. Wherein the IRS claims a portion of every paycheck until your debt is paid or …
You made a mistake. You missed a deadline or had a math error on your return. Perhaps you forgot to report certain income or chose a deduction you didn’t qualify for. Perhaps this year was simply too much, and taxes were the last thing on your mind – leading you to miss Tax Day and …
Seeking tax relief is no easy task, given the degree to which tax law can seem deliberately obtuse. Every step of the process, from tax preparation to filing the paperwork to filing an appeal, can be mired in red tape and feel overwhelming. Having an experienced professional at your side to cut through it all – …