by James Wade | Jan 23, 2020 | Income Taxes, IRS, IRS Back Taxes, IRS Tax Liens, Taxpayers
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. Collection letters from...
by James Wade | Jan 13, 2020 | IRS, IRS Back Taxes, IRS Penalties, Taxpayers
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 taxes, don’t panic, just make...
by James Wade | Oct 31, 2019 | Divorce, IRS, IRS Back Taxes, Tax Controversies, Taxpayers
Can My Former Spouse File a Joint Return Without My Signature? The answer is maybe. Under some circumstances, you can be held jointly liable for your spouse’s tax debts even if you didn’t sign the return. Normally, you must sign the return unless your...
by James Wade | Aug 23, 2019 | Income Taxes, IRS, IRS Back Taxes, Tax Controversies, Taxpayers
What The?! Your first question, logically, is what the heck do these three things have in common? Read on… Just Plain Stubborn I love my son but he is very very stubborn. He is 3 years old and we are in the process of potty training him. Unfortunately, he is not...
by James Wade | Aug 14, 2019 | Income Taxes, IRS, IRS Back Taxes, Tax Controversies, Taxpayers
What to Do If You Cannot Pay Your Taxes?! I prepared a video, something I intend to do more of, discussing the first thing you need to understand if you cannot pay your taxes: get current. Current compliance is very important when dealing with the IRS (and Maine...
by James Wade | Jun 25, 2018 | IRS Back Taxes, Offers in Compromise, Tax Controversies, Taxpayers
What is an Offer-in-Compromise? Offers-in-compromise are one of the most powerful tools in my arsenal to completely resolve a client’s back taxes. If you listen to the radio or watch television you must have heard ads talking about settling your tax debts for...
