What Is a 1099-C? A Form 1099-C is a Cancellation of Debt, which is required to be filed if a creditor has cancelled a debt
The IRS has the ability to assess the “Trust Fund Recovery Penalty” against those that it determines are “Responsible Parties”. The Trust Fund Recovery Penalty
Question: I haven’t filed tax returns or paid taxes for a few years and my records are not in the greatest shape. How can I
Rate this article 6 Ways to Prevent Tax Procrastination According to a survey by the Pew Research Center, approximately one-third of Americans do their taxes
8 Deductions and Credits You Should Be Aware Of, If You Have Dependents Or Qualifying Relatives First let’s discuss what constitutes a dependency exemption. A
10 Tips For Taxpayers With Back Tax Liabilities Below are 10 tips if you have back tax liabilities and need to attain tax resolution; If you
Ask the Taxman- Unfiled Returns Question: I haven’t filed tax returns or paid taxes for a few years and my records are not in the
Ask the Taxman: I just picked up a certified letter from the IRS, Inside is a Final Notice of Intent to Levy. What does this
Ask The Taxman: Is everything I own fair game for the IRS, in a collection case? Answer The Law Exempts Specific Assets Up A Certain
Ask the Taxman: Does Offer in Compromise really work? Question: I’ve heard the advertisements “settling for pennies on the dollar”, is this really possible? I
