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IRS’ Penalty Against Harley Davidson Dealer Goes Flat

When the IRS takes certain action against a taxpayer, it must obtain timely managerial approval before going forward.  In a recent case, the IRS proposed to assess a penalty against a Harley Davidson dealer.  The Harley Davidson dealer challenged the…

May 27, 2020

Can I Pay Installments on Federal Income Taxes I Owe If I Can’t Afford to Pay it All at Once

Despite the IRS being slammed right now due to COVID-19, millions of Americans still owe money to the IRS in back taxes for previous years and they’ll increasingly find themselves unable to pay up all at once. In this article,…

May 26, 2020

Settlement Days Program Continued Remotely

The IRS Office of Chief Counsel announced that the Settlement Days program would continue remotely. The first two events are for docketed cases with place of trial in Detroit or Atlanta. Future events would be scheduled in other cities throughout…

May 20, 2020

Government Goes After Executors for Estate’s Tax Liability

When you act as a fiduciary for another person or entity, such as the Executor of an Estate, you have a responsibility not only to the estate personally, but to the beneficiaries and the federal government, namely the IRS.  If…

May 15, 2020

Tax Relief and COVID-19 – Part 2

COVID-19 is affecting millions of Americans in all aspects of their life. As of the beginning of May, 1 million Americans tested positive for the disease.  A much more striking number is the number of people whose finances have been…

May 08, 2020

Small Business Association (SBA) Loan Assistance Program

SBA Loan Assistance for Small Businesses Suffering From the COVID 19 Virus. Our nationwide team can assemble a loan package for you to help save your business from the shutdown. Our top team member secured MILLIONS of dollars for clients…

March 25, 2020

Tax Relief and Covid-19

Much like a natural disaster, the coronavirus took the world by storm and forced everyone to seek “shelter at home” and to change their daily habits in an effort to “flatten the curve”. This meant shutting down businesses and within…

April 20, 2020

why-the-irs-cares-about-your-cryptocurrency-holdings-and-why-now-is-the-time-to-come-clean

Why the IRS Cares About Your Cryptocurrency Holdings, and Why Now is the Time to Come Clean

Why the IRS Cares About Your Cryptocurrency Holdings, and Why Now is the Time to Come Clean After years of flying under the radar, taxpayers who hold Bitcoin, Ethereum, Litecoin and other cryptocurrencies are finally getting their fair share of…

April 02, 2020

how-can-i-pay-my-federal-taxes

How Can I Pay My Federal Taxes With Installments or Monthly Payments?

Every year, there are millions of taxpayers who find themselves unable to pay their taxes in full to the IRS. The IRS knows there will be some taxpayers coming up short. The good news is the federal government is happy…

February 03, 2020

3-tax-resolution-strategies-the-irs-offers

3 Tax Resolution Strategies the IRS Offers

Taxes are a fact of life, but tax problems shouldn’t be. If you find yourself in tax trouble, the IRS has clear plans for how to proceed in collecting what they believe you owe. After sending you notices, the IRS…

January 20, 2020

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