What to Do If You Have Unfiled Tax Returns
What to Do If You Have Unfiled Tax Returns Ramon Ortega No one likes filing their taxes, but not filing them at all is never a good idea. The IRS is a powerful collection agency, and an unforgiving one. Getting on the bad side of the tax agency is not fun, and having years of […]
Tax Resolution and Your Finances: What is an Offer in Compromise?
Tax Resolution and Your Finances: What is an Offer in Compromise? Ramon Ortega Owing money to the IRS can be frightening to say the least. It is easy to feel helpless in such a situation but you should not let fear and feelings of helplessness freeze you into inaction. Every day you wait is one […]
Why Doing Your Own Business Taxes or Resolving Your Own Tax Problem is a Terrible Idea?
Why Doing Your Own Business Taxes or Resolving Your Own Tax Problem is a Terrible Idea? Ramon Ortega Running your own business means wearing a lot of hats, from office cleaner and supplies buyer to client schmoozer and payroll maker. But should you add tax preparer to your already long list of duties? What if […]
3 Tax Resolution Strategies the IRS Offers
3 Tax Resolution Strategies the IRS Offers Ramon Ortega 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 can garnish your wages, levy your […]
How Can I Pay My Federal Taxes With Installments or Monthly Payments?
How Can I Pay My Federal Taxes With Installments or Monthly Payments? Ramon Ortega 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 to […]
How to Stop an IRS Tax Levy
How to Stop an IRS Tax Levy Ramon Ortega Of all the creditors or companies you might owe money to, the Internal Revenue Service can be the least forgiving about debt. If you don’t pay your taxes, the IRS will levy and take possession of your property, including cash accounts, wages, and real and personal […]
If You Owe Back Taxes Do I Need A Tax Attorney?
If You Owe Back Taxes Do I Need A Tax Attorney? Ramon Ortega If you owe back taxes you might think that you need a tax attorney, but that’s not necessarily the case. Just like hiring a traditional accountant to try to resolve your tax debt might not be the best choice, hiring a tax […]
What to Look for in a Tax Resolution Firm?
What to Look for in a Tax Resolution Firm? Ramon Ortega No one like to receive letters from the IRS. The enforcement efforts ramp up at the IRS, the number of letters and communications landing in mailboxes is continuing to increase and one of them could land in your mailbox if the IRS says that […]
IRS Power to Collect Back Taxes
IRS Power to Collect Back Taxes Ramon Ortega Opening the mailbox and finding a letter from the IRS could be frightening, but what happens next can be even more. The IRS wields incredible power, and if they claim you owe additional taxes, they have various options for forcing you to pay. When the IRS claims […]