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.
Featured Posts
Podcast: What to Do if You Can’t Pay Your Taxes by July 15th
Podcast Episode 11: Can't Pay Your Taxes? What to Do. In this episode, Jerrod Oltmann and I discuss what your options are if you can't pay your taxes on July 15th....
Podcast: Tax Preparers Gone Wild or How the IRS is Failing to Rein in Bad Apple Preparers
Podcast Episode 10: Tax Preparers Gone Wild In this episode, Jerrod Oltmann and I discuss tax preparers gone wild or tax preparers who either fail to file a return themselves or help their clients to avoid paying their taxes....
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...
IRS Offer in Compromise – How Much Do I Offer?
How Much Do I Offer to Qualify for an IRS Offer-in-Compromise? This post is a continuation of a series on the IRS offer-in-compromise program. Click here and here to read about the OIC process and programs. In this post, I am going to get...
Which IRS Offer Program Do I Qualify For?
The Three Types of IRS Offer-in-Compromise Programs I have previously introduced what an IRS offer-in-compromise is (for more detail on the basics click here). Briefly, an IRS offer-in-compromise is a legally binding contract between the...
The IRS Offer-In-Compromise Process
How the IRS Offer-In-Compromise Process Works Before discussing the IRS offer-in-compromise process (or "OIC"), it is helpful to briefly tell you what an offer-in-compromise does. A taxpayer who has a large tax debt which cannot be paid...
Tax Transcripts – Why They Matter
Tax Transcripts - Why They Matter I am going to share a little inside baseball to those of you reading this post. I can, 95% of the time, know how to resolve a client's case from reading tax transcripts. Tax transcripts are the...
What to Do With an IRS Final Notice of Intent to Levy?
IRS Final Notice of Intent to Levy. Now What? In my prior post, I described how the IRS bills taxpayers. One of those dreaded letters is the final notice of intent to levy. If you see the following line on your IRS notice, sit up and take...
What Do These IRS Collection Letters Mean?
What Do All These IRS Collection Letters Mean?! The IRS is the collection arm of the US Treasury. If you've never paid all your bills on time, you know that you will very likely get a letter asking for payment. The IRS is no different....
File Your Taxes On Time Even If You Can’t Pay
Why You Should File Your Taxes on Time Even if You Can't Pay The IRS just announced that January 27, 2020 will be the official start of tax season for individuals. I consider it important to remind people that if you cannot pay your...