By Badran Tax, A Tax Resolution Firm
You have seen the ads. Late-night TV, radio spots, sponsored results sitting above every search for tax debt help. They all promise the same thing, that the IRS Fresh Start Program or IRS Fresh Start Initiative will wipe out what
The IRS mails millions of notices every year, and in it is sending more of them. If a letter like a CP14, CP504, or LT11 just landed in your mailbox, the code in the corner tells you where you stand
The ads that promise to settle your IRS debt for pennies are mostly false marketing claims. But the Offer in Compromise is a real IRS program, and it works for taxpayers who actually qualify. One individual owed $190,000 in personal
If your business falls behind on payroll taxes, the IRS can hold you personally responsible, not just the company. This is called the Trust Fund Recovery Penalty, and it is one of the most aggressive collection tools in the IRS’s
If you buy, sell, or trade cryptocurrency, there’s an expensive “tax trap” unfolding that you need to know about. Many digital asset investors are opening their accounts or reviewing their transaction data only to discover their cryptocurrency capital gains tax
You received an IRS audit letter and now you’re asking the most important question: “Do I handle this myself, or do I need professional IRS representation?” Here’s the direct answer: IRS audit representation is often worth it when the audit
You received a letter from the IRS and are not sure what it means, how serious it is, or what happens next. Here is the direct answer: some IRS letters are routine and informational, but others start deadlines that
You owe the IRS more than you can afford, and you’ve heard an Offer in Compromise may allow you to settle for less. That concern is valid. Many taxpayers are unsure whether they truly qualify or if applying will
Getting a letter from the IRS is stressful. Many people put it aside because they do not know what it means. That is a mistake. IRS collection follows a process, and each notice matters. If you owe back taxes, the
More Americans than ever earn income through a mix of traditional jobs, freelance contracts, and side work. But one detail changes everything at tax time: Are you a W-2 employee or a 1099 independent contractor? The difference affects how much
