IRS Accepts Offer in Compromise Replacing a Currently Not Collectible Status in Glen Grove, NY
IRS Accepts Offer in Compromise Replacing a Currently Not Collectible Status in Glen Grove, NY IRS Offer in Compromise Replacing Currently Not Collectible Status – 10-06-2005 Taxpayer Situation: Taxpayers owed the IRS for tax years 1996-2004, totaling $89,388, and had gotten a Currently Not Collectible Status (CNC) approved with another tax resolution firm. The taxpayers were […]
2022 Tax Deduction Finder & Problem Solver
To get ready for your tax appointment, we use tax organizers to help us identify missing tax deductions and get you more organized before your appointment. We update the tax organizer annually to make sure you are compliant with the latest tax law changes. The 2022 individual tax organizer is provided in three configurations to […]
IRS Accepts Offer in Compromise in South Hampton, NY
IRS Accepts Offer in Compromise in South Hampton, NY IRS Offer in Compromise – 10-05-2005 Taxpayer Situation: Taxpayers owed the IRS for tax years 1996-2004, totaling $102,485. The taxpayers had outstanding returns for 2001 through 2004. Resolution Outcome: Legacy Tax & Resolution Services quickly prepared and filed outstanding returns and negotiated an Offer in Compromise with the […]
Huge Increase in Scam Texts – Don’t Be a Victim
Article Highlights: ID Thieves Are Constantly After Your ID Information There Has Been an Exponential Increase in Text Scams Your Phone Is Their Target How to Report Text and Phishing Scams to the Government. Taxpayers should be aware of the recent increase in IRS-themed texting scams aimed at stealing personal and financial information. So far […]
IRS Released Bank Levy in Astoria, NY
IRS Released Bank Levy in Astoria, NY IRS Bank Levy Release and Installment Agreement – 10-03-2005 Taxpayer Situation: The taxpayer owed the IRS for tax years 1998-2004, and the IRS had issued a bank levy. She was desperate because she only had 21 days before the bank sent the funds she desperately needed. The taxpayer had […]
IRS Released Wage Garnishment in Auburn, NY
IRS Released Wage Garnishment in Auburn, NY IRS Installment Agreement – 10-01-2005 Taxpayer Situation: The taxpayer owed the IRS for tax years 1992-2004, and the IRS was taking over 60% of her salary. She was desperate because she could not pay her bills, and the IRS would not release the wage garnishment. The taxpayers had outstanding […]
IRS Finds a Cure for the Family Glitch
Article Highlights: ACA Features Premium Tax Credit Family Glitch IRS Cure for the Family Glitch Action May Be Required Background – The Affordable Care Act (ACA) – also referred to as Obamacare) was enacted over 12 years ago, and one of its main features was the creation of government marketplaces (sometimes called exchanges) where Americans could […]
IRS Released a Wage Garnishment in Mohawk, NY
IRS Released a Wage Garnishment in Mohawk, NY IRS Wage Garnishment Release and Installment Agreement – 09-30-2005 Taxpayer Situation: Taxpayers owed the IRS for the tax years 1999 to 2003, and the IRS was garnishing his wage. The taxpayer was desperate because the IRS was taking over 60% of his paycheck, and he could not pay […]
Looking Ahead to 2023 Taxes
Article Highlights: Solar Credit Home Backup Electric Storage Battery Credit Home Energy Improvement Credit Research Credit Clean Energy Vehicles (New and Used) Credits Standard Deduction Increase Increased Retirement Plan Contributions Other Tax-Related Inflation Adjustments With the holiday celebrations coming to an end, now is the time to take a look at the changes that will […]
IRS Released of Lien to Allow Sale of Home in Jamaica, NY
IRS Released of Lien to Allow Sale of Home in Jamaica, NY IRS Lien Release – 09-28-2005 Taxpayer Situation: Taxpayers owed the IRS for the tax year 1998 to 2003 in the amount of 68,465 and were trying to sell their home. The taxpayer was current with the filing of all their tax returns. The title […]