by Just Accounting | Jan 17, 2019 | Tax Information, Tax Resolution Services, Uncategorized
Unfiled Tax Returns Having Unfiled Tax Returns can have a negative impact on more than just your financial situation. Most taxpayers are required to file a tax return every year. The IRS keeps a record of taxpayers who are required to file but don’t – and the IRS can...
by Just Accounting | Jan 17, 2019 | Tax Information, Tax Resolution Services, Uncategorized
Tax Lien Removal Tax Lien is a lien imposed by law upon a property to secure the payment of taxes. A tax lien may be imposed for delinquent taxes owed on real property or personal property, or as a result of failure to pay income taxes or other taxes. A federal tax...
by Just Accounting | Jan 17, 2019 | Tax Information, Tax Resolution Services, Uncategorized
Levy Release In the event that you fail to pay your taxes or go into debt with the IRS, they can seize your finances and assets using various kinds of Levy. You will need to look at options of having a Levy Release. One of the most common ways the IRS does this is...
by Just Accounting | Jan 17, 2019 | Tax Information, Tax Resolution Services, Uncategorized
Child Tax Credit While parents are generally allowed a child tax credit of $1,000 for each qualifying child, the credit is subject to certain limitations. Specifically, there is a modified adjusted gross income limitation and, in most cases, a tax liability...
by Just Accounting | Jan 17, 2019 | Tax Information, Tax Resolution Services, Uncategorized
The first-time penalty abatement (FTA) waiver is an administrative waiver that the IRS may grant to relieve taxpayers from failure-to-file, failure-to-pay, and failure-to-deposit penalties if certain criteria are met. The policy behind this procedure is to reward...
by Just Accounting | Dec 27, 2018 | Uncategorized
Dealing with the IRS is never any easy conversation or thought for anyone. The IRS is a strong and powerful 3 letter abbreviation that can stop anyone in their tracks. For many people, dealing with the IRS isn’t too difficult. They file a tax return each year, and...
