Can I Write Off That Rolex I Just Bought?! Anyone who spends more than five minutes on YouTube will eventually run into an influencer. You know the type. Someone staring directly into the camera, promising that you - yes, YOU - can be...
IRS Q & A
Insights and Advice from Your Trusted Tax Resolution CompanyIRS Q & A: Payroll Taxes Owed
Question: I own a small business and have not filed or paid my company’s payroll taxes for the last few quarters. I may owe over $100,000 in 941 taxes. What should I do? Answer: Owing the IRS for payroll taxes is very different than owing...
IRS Q & A: Divorce, Joint Returns & Taxes Due
Question: I’m going through a divorce and just found out the IRS says I owe over $80,000 from past joint tax return. My spouse handled everything. Am I responsible for this? Answer: Unfortunately, when you sign a joint tax return, both...
IRS Q & A: Threatening IRS Letters
Question: I’ve been getting threatening notices from the IRS recently. I think I can pay the taxes due, but what can I do about these ridiculous penalties and interest charges? Does the IRS waive penalties? Answer: There are several...