Blog
IRS Crypto Audit: What to Do When the IRS Sends You a Crypto Letter
Did you receive an IRS letter proposing a HUGE amount due on your cryptocurrency…
CP2000 Response Letter Sample
Below are various CP2000 response letter samples that we have submitted to the IRS…
How Much Interest Does the IRS Charge? IRS Interest Explained!
The IRS is increasing its interest rates beginning in October 2023! I’ll get into…
IRS Notice CP60: What It Is and How We Handled It For Our Client
Yesterday, our client received a CP60 notice from the IRS. It was for a…
What Happens If You Owe the IRS More Than $25,000?
If you owe the IRS more than $25,000, the following eight things will happen:…
What Is the IRS and What Does It Do? How Is It Organized?
The Internal Revenue Service (IRS) is a bureau of the United States Department of…
Will the IRS Do Your Taxes For You?
Yes, the IRS will do your taxes for you if you file to file…
IRS Hardship Program EXPLAINED By a CPA Who Knows
The IRS hardship program is a special tax relief program for those who cannot…
What Is a Federal Tax Lien?
An IRS tax lien is the IRS’s legal claim to your property — including…
How Much Should I Offer in Compromise to the IRS?
So you’ve read up a bit on what an offer in compromise is and…
How Long Does an Offer in Compromise Take?
An IRS offer in compromise generally takes 7 to 12 months from beginning to…
7 Offer in Compromise Tips to Settle Your Back Taxes
An offer in compromise could be the solution to your tax debt problems, but…