RECENT BLOG POSTS
Voluntary Disclosure is going to the IRS and telling them you have things that need to be cleared up and will they work with you.  Why in the world would someone want to do that? Let's take a look at a few situations it is better to go to the IRS first before the IRS comes after you: Divorce Busi...
04/13/2023
"Doubt as to liability" is a term used in tax law to refer to a situation where a taxpayer has good reason to dispute whether they actually owe a tax liability. In other words, the taxpayer is sure they are not liable for paying certain taxes.In such cases, the taxpayer can request relief through...
04/10/2023
A client comes to me with her IRS problem.  The IRS is stating that she is responsible for unpaid payroll taxes.  I look over the notices and start giving her the different options that are available for her to pay off the tax debt.  During our conversation she makes a statement, "I don't know wh...
04/06/2023
When you receive a notice from the IRS, I know you want to throw it away and pretend you never saw it.  However, that can cause you much stress in the future.  So, if you can't ignore the IRS, what should you do when you receive a notice from them?  DON'T Panic Open the envelope and pull  out the...
04/03/2023
2 / 2 IRS Notices are official documents that the Internal Revenue Service (IRS) sends to taxpayers to communicate important information about their tax return or tax account. The IRS issues a variety of notices to taxpayers to notify them about a range of issues, including: Changes to tax retur...
03/27/2023
When an individual files for bankruptcy, their tax debt may be handled differently depending on the type of bankruptcy filing and the specific circumstances of the case. Here are the general guidelines:Chapter 7 Bankruptcy:In Chapter 7 bankruptcy, most unsecured debts are discharged, meaning they...
03/23/2023
Tax debt can be discharged through bankruptcy under certain circumstances. However, it's important to understand that not all tax debts can be discharged through bankruptcy. The rules regarding the discharge of tax debt in bankruptcy are complex and depend on several factors.Because it is a quick...
03/20/2023
There are times when a taxpayer is unable to resolve their IRS problem.  When this happens, contact TAS, the Taxpayer Advocate Service. Taxpayers who are in financial trouble, seeking assistance in resolving tax issues that have not been resolved through normal channels, or who believe that an IR...
03/16/2023
An IRS Levy can be issued against various types of property, including bank accounts, wages, vehicles, real estate, and other personal property.   Once the IRS issues a levy, it will typically freeze the assets or property, and then seize or sell them to satisfy the debt.It's important to note th...
03/13/2023
IRS Levy.  These words evoke fear.  Fear of losing money in your bank account, wages, your house, your car, and other assets.  However, the IRS cannot seize any asset they want.  I.R.C. § 6334(a) lists assets that the IRS is not allowed to levy.   Wearing Apparel And School Books Fuel, Provisions...
03/10/2023
Rainmaker
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CANDACE (Candy) STEVENS, EA

Helping Taxpayers Resolve IRS problems
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