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...
If you IRS on the Hunt This summer the IRS issued 10,000 letters to taxpayers who it believes should have reported virtual currency sales (also called cryptocurrency). Virtual currency, in a nutshell, is a digital unit of value. So like...
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...
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...
If your business receives an audit notice from the IRS regarding payroll tax compliance, don't panic. In this post I explain how the IRS conducts its payroll tax audits. Later posts will go into more details on what to expect and steps...
In my last blog post I talked a bit about the three types of offers-in-compromise. Offers as to doubt as to collectability make up a large majority of offers made to the IRS. The key to making a successful offer based on doubt as to...
If You Love to Travel but Owe Back Taxes Your Passport May Be at Risk. You may be aware of it but the IRS the right to suspend your passport. All it takes is a tax debt of $51,000, to included interest and penalties. Your vacation cruise...
How the IRS Collects Back Taxes I posted a video on my youtube channel about the IRS collection process. If you owe back taxes, you need to understand how the IRS goes about collecting it from taxpayers. As the old G.I. Joe cartoon said,...
What to do with the IRS Final Notice? If you receive an IRS final notice of intent to levy, you need to act now! Recently, I blogged about IRS collection notices. For the most part, IRS collection notices are just reminders to pay your...
Current Tax Compliance - Why It is So Important Last week, I wrote a blog called: 3 Things You Need to Know About Back Taxes. The big takeaway I wanted readers to leave with is: the IRS wants you to get into tax compliance! I think it is...
Owe Back Taxes to the IRS? Here Are 3 Things You Need to Know. I know the title is a bit click-bait-y but if you are here reading this then it worked. Don't worry, I am a man of my word and there are indeed 3 things you need to know about...
My firm represents taxpayers with tax problems across Maine. A frequent question I receive is: what do all these IRS collection notices mean?! These notices serve two purposes: one, they inform the taxpayer of how much is due and two, the...
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