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Does Bankruptcy Clear Tax Debt?
Bankruptcy can clear certain kinds of tax debt. However, bankruptcy does not clear all kinds…
What the IRS Fresh Start Program Is…And Isn’t (Explained by a CPA)
If you have tax debt, you’ve probably heard about the IRS Fresh Start Program…
Trust Fund Recovery Penalty Explained by a CPA
If you have employees, you know — or you should know — that you are…
What Happens If You Don’t File Taxes?
Every day I talk to people who haven’t filed their taxes — sometimes for…
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 to File Your Back Taxes, Avoid Penalties, and Get Your Life Back on Track
Every day, my team and I speak with people who have not filed their…
IRS Statute of Limitations: How Far Back Can the IRS Go?
Over 10 million Americans owe back taxes to the IRS — but do they…
What Is a Federal Tax Lien?
An IRS tax lien is the IRS’s legal claim to your property — including…
IRS Currently Not Collectible Status: What Does It Mean?
While the offer in compromise (OIC) is often sold as the be-all and end-all…
What Is an Installment Agreement? All About IRS Payment Plans
Today I’m talking about installment agreements. I’m going to go over what you need…
What Is an IRS Offer in Compromise? Ultimate Guide by a CPA!
The only thing scarier than being thousands of dollars in debt is being thousands…
What Is Tax Relief and How Does It Work?
Tax relief is a general term used to describe various programs that taxpayers and…