by James Wade | Nov 10, 2021 | Income Taxes, IRS, IRS Back Taxes, IRS Offer-in-Compromise, IRS Penalties, Offers in Compromise, Taxpayers
IRS Installment Agreements – Types of Installment Agreements In our last blog post, we talked about IRS installment agreements. Just to recap, an IRS installment agreement is a monthly payment plan to pay taxes, interest, and penalties over time to the Internal...
by James Wade | Aug 4, 2021 | Income Taxes, IRS, IRS Back Taxes, Taxpayers
IRS Installment Agreements – Is it Right for You? Often taxpayers in trouble are unable to pay what they owe immediately. So, what do you do? Luckily, there are ways to break down payments into something more manageable. The IRS offers payment plans that allows the...
by James Wade | Jun 30, 2021 | Income Taxes, IRS, IRS Offer-in-Compromise, Offers in Compromise, Tax Controversies, Taxpayers
But I Don’t Owe This! When to Use a “Doubt as to Liability” Offer in Compromise It may sound to good to be true, but if you feel you do not owe some part of your tax debt, you can raise your concerns to the IRS. This is called a doubt as to liability offer in...
by James Wade | Jun 1, 2021 | Criminal Matters, Fraud & Scams, Income Taxes, IRS, IRS Penalties, Tax Controversies, Tax Evasion, Tax Fraud, Uncategorized
Confidential informants and whistleblowing: Making Money by helping the IRS! What is the IRS Whistleblower Program? Believe it or not, the IRS has a program set up to reward taxpayers who to inform the IRS about other taxpayer’s tax fraud or tax evasion. That’s...
by James Wade | Apr 21, 2021 | IRS, IRS Back Taxes, IRS Penalties, Taxpayers, Unfiled Taxes
Everything You Need to Know About Tax Penalties If you’ve ever paid your taxes late or just completely forgotten to file, you may know all too well about the dreaded tax penalties. These penalties are more than a little slap on the wrist, they could cost you hundreds...