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What Happens During The IRS Collection Process In 2020 And Beyond
…period for collection has expired. It is very common for the IRS to send numerous notices asking for payment before the IRS collection process escalates. If you do not pay…
Penalty Abatement
IRS Penalty Abatement – Relief From Penalties If you have an outstanding tax liability, the IRS (or state) oftentimes assesses additional amounts due in the form of penalties and interest…
How To Avoid An IRS Tax Lien
…IRS and the lien can be against you, your spouse, or your company. A lien against your company would seize your accounts receivables. At this point everything you own is…
Ultimate Thing About Tax Implications When You Are Retiring Overseas
…calendar year. Tax Treaties The United States has income tax treaties with a number of foreign countries, but these treaties generally don’t exempt residents from their obligation to file a…
2014 Tax Extenders | Here Is An Important Info
…And Local Sales Taxes Taxpayers that pay state and local sales tax can deduct the amounts paid on their federal tax returns (instead of state and local income taxes)–as long…
Form 8865 – Return of U.S. Persons With Respect to Certain Foreign Partnerships
…federal tax purposes. A U.S. person with interest in a partnership formed in a foreign country and qualifying under one or more of the Categories of Filers must complete and…
Las Vegas IRS Collections – Practical Info You Need To Know
Las Vegas IRS Collections And Elsewhere Each year, the federal government requires individuals, couples, and businesses in the United States to pay taxes if they earn more than a certain…
Potential Tax Resolution Strategies: How To Make Tax Payments Affordable
…finances. This includes their ability to garnish your wages, freeze your bank account, and in extreme cases, seize your property. These possibilities alone are enough to send a chill down…
Wealth Management Advantage
…be a leading provider of financial solutions through trusted, ethical and highly educated tax professionals who are dedicated to helping American families and small businesses pursue financial security. We accomplish…
7 Tax Steps You Need to Take Now When You Just Lost Your Job
…have. Taxes and unemployment are connected. Here’s how. Taxes and Unemployment Under the law, your benefits from unemployment are taxable, regular income. These benefits include your severance pay and unemployment compensation….