Tax Attorney Alabama – What You Need To Know
April 5, 2023
Tax Attorney Alabama – What You Need To Know Tax attorneys are experts in tax law and have extensive knowledge of the tax code, regulations, and procedures. They can help you navigate complex tax issues and provide advice on tax planning and compliance. If you are facing a tax audit, investigation, or litigation, a tax…
IRS Currently Not Collectible Status: What Are The Pros And Cons?
March 16, 2023
Each year, almost 30 million taxpayers file a return and owe taxes. Most people pay the taxes when they file, but about 4 million to 5 million taxpayers are unable to pay. About 3 million of these people set up payment plans with the IRS. These payment plans are known as installment agreements, and are…
The IRS Partial Payment Installment Agreement: Do You Qualify?
March 15, 2023
When facing significant tax debt, finding a manageable solution can be a top priority. The IRS offers various options to help taxpayers with outstanding balances, and one option that may reduce your burden is the IRS Partial Payment Installment Agreement (PPIA). But how does this plan work, and do you qualify for it? This guide…
How Do I File Returns for Back Taxes?
March 8, 2023
Tax Facts:• A taxpayer can file back taxes for any past year, but the IRS usually considers a taxpayer in good standing if they have filed the last six years of tax returns.• If a taxpayer was qualified for federal tax credits or refunds in the past but did not file tax returns, they may…
What is the Difference Between Criminal Tax Penalties and Civil Tax Penalties?
March 7, 2023
In recent years, the IRS has been cracking down on tax crimes. Some tax crimes are civil crimes, such as Tax Fraud. With a civil tax violation, the enforcement penalties will come down to money. Other tax crimes, such as Tax Evasion, are more serious and are considered criminal. With a criminal tax violation, the…