How to Prevent a Tax Hit When Selling a Rental Property
1) Take Advantage of Section 1031 of the Tax Code What It Is: IRS Section 1031 “Like-kind” Exchange Who It’s For: Anyone can reinvest the
January 9, 2025
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Category: Unfiled Back Returns
Win-Win with Length-of-Service Awards
There’s really nothing more valuable to a business than good employees, particularly those who stick with you for years and years. One way to honor
January 9, 2025
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Taxpayer can get a Copy of the Fraudulent Return Filed in Their Name
As of approximately June of 2015, Taxpayers have had the right to obtain a copy of a fraudulent tax return filed in their name under
January 8, 2025
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The 2014 Personal Return Filing Deadline Is Up! What If I Did Not File?
With the exception of those who live in a Presidentially Declared Disaster Area, the deadline for the 2014 personal return will end on October 15,
January 8, 2025
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5 Tips For Filing Back Tax Returns
If you have unfiled back taxes and the IRS hasn’t begun to actively collect for these returns, begin by seeking out Legacy Tax & Resolution
January 8, 2025
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IRS Notice CP 523-Notice Of Default On An Installment Agreement
IRS uses CP 523 notice to inform you that they are terminating your installment agreement. Remember, when you setup an installment agreement with the IRS
January 8, 2025
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IRS Notice CP 161- Request For Payment Or Notice of Unpaid Balance
IRS uses CP 161 to remind you of a balance due and to provide you with information about credits applied to the return. Many people
January 8, 2025
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IRS Notice CP 11- Changes To Tax Return- Balance Due
IRS uses CP 11 notice to inform taxpayer of changes made to their tax return that has lead to a balance due. The IRS sends
January 8, 2025
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IRS Notice CP 88- Delinquent Tax Return Hold
IRS used Notice CP 88 to inform you that a refund from a current or prior return is being held until you file all necessary
January 8, 2025
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How To Protest An IRS Substitute For Return (SFR)
Filing Back Taxes can be a very daunting process. If you have not filed for years, you probably misplaced most of your documentation, which makes
January 8, 2025
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