Most Tax Preparers Know Very Little About Tax Resolution
If you were having a heart attack, would you see your primary care physician or cardiologist? If you enjoy breathing, a cardiologist is the wiser answer. So it is with tax resolution and IRS representation because these problems are the tax equivalents of a ticker about to kick. This is a true story told to […]
Not So Innocent Spouse Relief
Claiming innocent spouse relief has always been an uphill battle. The courts have set a very high standard to have a case settled in the taxpayer’s favor. Lennon and McCartney wrote “I Should Have Known Better”. The same thing applies to an innocent spouse. If your husband pleaded guilty to tax evasion and bribery just […]
Will the IRS Be Coming After You?
With the added funding, added agents, and added desire to shrink the “tax gap” ($688 Billion in 2021), people are concerned if they are on an IRS hitlist to be audited. Let me start by saying, if you did nothing wrong, there isn’t much to worry about, but mistakes do happen, so there is always […]
The Bill of Rights: IRS style
You may not be aware of this, but there actually is a taxpayer bill of rights. If you plan to discuss matters directly with an IRS representative, it’s not a bad idea to hang these up on your wall where you can quickly refer to them, because not all IRS representatives adhere to them as […]
What If I Owe less Than $10,000 to the IRS?
If you owe less than $10,000 to the IRS, congratulations as you are much better off than any of our clients. You do not need the services of the Connecticut Tax Resolution Service (nor any tax resolution service) as this is a jam you can easily get out of yourself. There is something called a […]
I would like an Offer In Compromise. Please?
I had a consultation the other day with a potential client. Within 30 seconds it happened. He told me he wanted an Offer In Compromise no differently than one might ask for extra BBQ sauce with their chicken nuggets. I had to then explain to this disappointed potential client that the IRS doesn’t quite work […]
Can’t my tax preparer handle my IRS problem?
Glad you asked. The answer is “it depends”. If you are in serious trouble with the IRS, ie, maybe you owe $25,000 or more in back taxes, you need to give serious thought as to whom you want to solve this problem. Number 1. If your tax preparer is not a CPA, an Enrolled Agent, […]
The IRS wants your gift cards? Huh?
There is a scam that has been going on for a while, but since the IRS has picked up on it again, I figured I would as well. You get a call, or a text, or even a request on your social media page stating YOU OWE THE IRS BACK TAXES. The scammer could be […]
IRS proudly passes $1 Billion mark in collections
Well, it’s getting real now for those who owe the IRS back taxes. As part of continuing compliance efforts under the Inflation Reduction Act, the Internal Revenue Service today announced the agency has surpassed the $1 billion mark in collections from high-wealth taxpayers with past-due taxes. Sounds like they are patting themselves on the back. […]