Payroll Tax- Business and Individual Implications Payroll taxes, both quarterly and yearly, are one of the most common tax collection issues. Our experts understand their origins and how these taxes pile up and have the tools necessary both to address the back taxes and help the business correct its procedures to “stop the bleeding.” Our
How can I get a Federal Tax Lien removed? What are my options? Option #1–Recently Approved IRS Policy The IRS recently approved new rules to assist struggling Taxpayers due to the economic recession. The new rules state that the IRS will withdraw tax liens that are filed against Taxpayers who meet certain criteria. Specifically, if
IRS Penalty Abatement (Forgiveness) What can be done to get forgiveness on IRS Penalties? A penalty abatement request is a written request to the IRS to remove penalties, and the interest accrued on such penalties, from your account. The most common penalty abatement is based on “reasonable cause”, meaning that you faced a situation that
Offers in Compromise with the IRS Quite often, taxpayers find themselves in situations where their IRS back taxes have reached a point where pay back seems insurmountable based on current household income. Assets are minimal and with the most of the monthly income going towards regular and continuous expenses, the question becomes whether any of