Beacon Tax Advocates Blog
Insights and Advice from Your Trusted Tax Resolution CompanyWhether you’re an individual taxpayer or a small business owner, our blog offers valuable information tailored to your needs. From understanding the IRS audit process to resolving an IRS collections matter, we cover a wide range of topics that will empower you to make informed decisions about your tax situation.
We believe that knowledge is power. By staying informed about your IRS situation, you can better understand your situation and the advice provided by our tax professionals.
irs
Why Speaking to a Tax Attorney is Valuable – Even If You Don’t Save Money
When facing a tax problem, usually the key concern is: “Will hiring someone save me money?” Dollars and cents are certainly important, but sometimes the value of certainty, closure, and peace of mind should not be disregarded. We get it,...
Solving Tax Debt Challenges for High-Income Earners: A Personal Story
I recently worked with a couple who reminded me how challenging dealing with the IRS can be, even for high-income earners. On paper, the couple seemed to have everything under control. The husband earned a significant salary and over time...
tax controversies
How the IRS Audits…Real Estate Agents
How the IRS Audits...Real Estate Agents In this video, Attorney Wade breaks down how the IRS audits real estate agents and what expenses are most often the target of IRS auditors. Contact Us I am Maine’s IRS Problem Solver. My firm helps...
Tax Train Wrecks – The Case of the Scammed Senior
Tax Train Wrecks - The Case of the Scammed Senior In this video, Attorney Wade discusses a recent taxpayer victory! Learn how he helped a scammed senior citizen get relief from a tax debt caused by scammers who stole over $400k from her....
income taxes
Why Speaking to a Tax Attorney is Valuable – Even If You Don’t Save Money
When facing a tax problem, usually the key concern is: “Will hiring someone save me money?” Dollars and cents are certainly important, but sometimes the value of certainty, closure, and peace of mind should not be disregarded. We get it,...
Solving Tax Debt Challenges for High-Income Earners: A Personal Story
I recently worked with a couple who reminded me how challenging dealing with the IRS can be, even for high-income earners. On paper, the couple seemed to have everything under control. The husband earned a significant salary and over time...
offers in compromise
Settle Your Tax Dispute with an Offer in Compromise
What is an Offer-in-Compromise Doubt as to Liability? Did you know that you can settle your IRS debt if you disagree with the amount due? Most settlements are done because the taxpayer cannot pay but the IRS will settle if you genuinely...
Paying for Your Offer – Which is the Best Way?
Paying for Your Offer In Compromise - Which is the Best Way? We have talked a lot about offers-in-compromise but a question not often asked is: which way is best to pay for the offer? The answer may surprise you. Fees Before addressing...
divorce
Innocent Spouse Relief – How Much Relief Do I Get?
Innocent Spouse Relief - How Much Relief Do I Get? In my previous post, I discussed the three types of innocent spouse relief. Now, I want to talk a bit about how tax debts are allocated if you obtain relief. In some cases, it may be a...
Innocent Spouse Relief – Types of Relief
Types of Innocent Spouse Relief We talked previously about what innocent spouse is and how it works. Now we can discuss the three types of relief you can request. As you can guess by now, nothing is quite so simple when it comes to taxes....
fraud & scams
Confidential informants and whistleblowing: Making Money by helping the IRS!
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...
Podcast: IRS Update on Wealthy Nonfilers and Unemployment Fraud
IRS Update: The Trouble with High Income Nonfilers and Dealing with Unemployment Fraud https://taxresolutiontalk.podbean.com/mf/play/gf3yen/Tax_Resolution_Talk_Episode_9_COMPLETE_6za4t.mp3 On June 16th, I was interviewed by Jerrod...
innocent spouse relief
Innocent Spouse Relief – How to Sever Joint Tax Liability
Innocent Spouse Relief - How to Sever Your Joint Tax Liability with Your Spouse (or Former Spouse) As a married couple, filing a joint return can yield a huge tax benefit. If you file separately, often you end up owing more. Congress...
Getting Divorced? What You Need to Know About Your Unpaid Tax Liabilities.
Getting Divorced? What You Need to Know About Your Unpaid Tax Liabilities. Getting divorced is unpleasant, even in the best of situations, and nothing can make it more unpleasant than when issues from the marriage continue to haunt the...
marriage
Married Filing Separately- Here’s What You Need to Know
Married Filing Separately- Here’s What You Need to Know Marriage can bring about the merging of responsibilities for a couple including combining accounts and assets. However, couples may find that some “separation” might be the best bet...
