Business taxes, Uncategorized
Some business owners may find themselves undergoing audits from the IRS with more frequency than they’d prefer. Not only are these audits an invasive and stressful process, but they also take valuable time away from the work day. Having to set aside time to meet...
Tax Debts and Collections
Facing a bill from the IRS is not an unusual occurrence. In fact, approximately 30 percent of taxpayers found themselves with a federal bill, owing the IRS money in 2017. Finding out that you owe the IRS is tough, but being unable to pay the IRS can be terrifying....
Uncategorized, Tax Debts and Collections
If you owe back taxes to the IRS, it can seem like there are few options available to you. The IRS is the largest collection agency in the world and has the power to garnish your wages and drain your bank account. Protecting yourself can feel impossible. However, if...
Business taxes, Individual taxes, Interest and Penalties, Liens and Levies, Tax Debts and Collections
Tax season comes around every year whether you are ready or not. Most people prepare and file their returns on time every year. Maybe you are one of those people who, for any number of reasons, never got around to filing your return. Once you missed one return, the...
Business taxes, Individual taxes, Tax Debts and Collections
The IRS has announced that it is currently experimenting with expanded criteria for streamlined processing of taxpayer requests for installment agreements. Among the expanded criteria for streamlined processing are individual taxpayers with an outstanding tax balance...
Business taxes, Individual taxes, Tax Debts and Collections
YES, there are. The Internal Revenue Service has proposed changing its fees for people who pay taxes in installments starting on January 1, 2017. Currently, the fee is a maximum of $120, and it will go up to $225. TaxLane regularly helps people work though all types...
Business taxes, Deductions, Individual taxes
Pooling resources among citizens is quickly becoming an effective way to reduce cost, and make ends meet during trying financial times. Households are discovering that sharing capabilities such as transportation and lodging can relieve financial pressures of day to...
