Mar 12, 2024
Handling an audit and responding to the IRS are crucial steps that require attention. Typically, the IRS will provide you with a list of requested items and the scope of the audit. It is essential to carefully assess what you have and determine what is accurate, incorrect, or improperly filed. Based on this evaluation,...
Jan 24, 2023
Can the IRS Contact Your Neighbor?
Many people have recently received letters from the IRS saying that the tax bureau may contact their neighbors, people close to them, or people in their business.
As a general rule, the government's tax bureau can only contact third parties, including your neighbors, your...
Aug 2, 2022
Innocent Spouse Relief: How do you qualify, and when to apply?
When married taxpayers sign a joint tax return, they attest that all the information provided is correct and are equally responsible for their declared income, potential taxes, and penalties to be owed.
In cases where one party needs to prove that they...
Mar 1, 2022
What are the main causes of an IRS audit?
First and foremost, the IRS looks for out of line factors. They can be based on industry standards, income-based standards or even based on your area. So if they think your deductions are too high for your business, are too high for your income, or if they believe that you're...
Feb 14, 2022
We LOVE helping our clients WIN!
We successfully helped a small business owner in the New York City area who owed the IRS over $60,000, most of it with interest and penalties. Such a tax burden could shut down our client's business. We reduced it to $6,000, eliminating the trouble of losing his capacity to support...