by Harry | Oct 12, 2018 | IRS Info
Of course, the ideal situation when it comes to taxes is that when everything is said and done, the IRS owes you a pretty little refund. On the other side of the coin, and not the desirable outcome for any taxpayer, is the possibility that you could over the IRS...
by Harry | Oct 5, 2018 | IRS Info
If you are contacted by the IRS, it’s not likely that you will escape without some kind of money being owed. They try to be very sure of their chances of being legally correct before they chase someone for money. And if they figure out that you owe extra taxes, you...
by Harry | Sep 19, 2018 | IRS Info
If you owe a tax debt, the IRS will work with you to help you settle it. Let’s face it, they want their money. Some people, however, have gotten rid of their debt thanks to an IRS statute of limitations. There’s only so much time during which the IRS can...
by Harry | Sep 8, 2018 | IRS Info
Being the focus of an IRS tax audit is becoming less and less common. Contributing to that are new, increased responsibilities and budget cuts on the department. This means that there aren’t as many IRS agents around to do examinations as there were before....
by Harry | Aug 12, 2018 | IRS Info
If you received a letter from the IRS saying you are up for an audit, don’t be alarmed. While it is true that chances of someone being audited are extremely slim, there may have been some circumstance that lent your particular situation to be considered for an audit....
by Harry | Jul 21, 2018 | IRS Info
If you do not know what an IRS Notice CP14 is, then you must be doing everything right! However, filing your tax return on time isn’t always the end of contact with the IRS. Your tax returns will be assessed and if the IRS considers there are any mistakes on there and...