Posts Tagged tax debt

IRS Audit Period Is 3 Years, 6 Years Or Forever: How To Cut Your Risk

On October 9, 2019 / Offer In Compromise, Personal Income Tax, Business Income Tax, Tax News, Innocent Spouse Relief, Couples, Emergency Assistance, Criminal Tax Defense, Tax Relief, Personal Finance, Small Business, Tax Planning, Tax Fraud / 1 Comment

It is only natural to worry about an IRS audit, and the duration of audit periods can be downright frightening. Tax lawyers and accountants are used to monitoring the duration of their clients’ audit exposure, and so should you.

Didn’t Pay Your Taxes? Here’s What the IRS Can Do to You

On April 28, 2019 / Offer In Compromise, Personal Income Tax, Business Income Tax, Tax News, Innocent Spouse Relief, Couples, Emergency Assistance, Criminal Tax Defense, Tax Relief, Personal Finance, Small Business / Leave a comment

You don’t want to play chicken with the Internal Revenue Service. Tax season is over, and the vast majority of taxpayers have filed their returns and paid any outstanding taxes they owed. But for a significant number of people, paying

AICPA and NCCPAP ask IRS to suspend tax penalties

On January 14, 2019 / Personal Income Tax, Business Income Tax, Tax News, Tax Relief, Personal Finance, Small Business / 1 Comment

The American Institute of CPAs and the National Conference of CPA Practitioners are separately asking the Internal Revenue Service to refrain from imposing underpayment and under withholding penalties on taxpayers in response to some extensive changes in the Tax Cuts and Jobs Act.