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IRS And State Payment Plan Options - Part 1: The Installment Agreement - Tax Authorities

In an earlier blog post, we discussed options available to taxpayers facing a tax balance with either the Internal Revenue Service or one of the states. ....

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Barry Dolowich, Tax Tips: Offer in compromise

Utilizing Form 656, Offer in Compromise, you may be in a position to negotiate a settlement with the IRS. Here are the IRS basic guidelines for making an offer. ....

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Don't Panic If You're Expecting a Big Tax Bill — You Have 4 Options

It might be tempting to put off filing taxes because you expect a big bill, but the IRS has several options to make a tax bill less burdensome. ....

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Should You Take Advantage of the IRS's Employee Retention Credit Voluntary Disclosure Program

The Employee Retention Credit is a legitimate pandemic-era credit designed to encourage businesses affected by the pandemic to avoid laying off… ....

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Tax debt relief: How to resolve your debt with the IRS

Payment extensions, settlements and status reclassification can help with tax debt. ....

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