Blog
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 a Federal Tax Lien?
An IRS tax lien is the IRS’s legal claim to your property — including…
Divorce and Taxes Owed: What to Do When the IRS Is Coming After You For Your Ex’s Problem
For many divorced spouses, their divorce did not mean the end of their mutual…
IRS Statute of Limitations: How Far Back Can the IRS Go?
Over 10 million Americans owe back taxes to the IRS — but do they…
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…
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…
What Happens If You Don’t File Taxes?
Every day I talk to people who haven’t filed their taxes — sometimes for…
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…
IRS Penalty Abatement: How to Get IRS Penalties Waived
IRS penalties can be onerous, adding thousands of dollars to a taxpayer’s balance with the…
How to Fight the IRS and Win in 10 Steps
When people talk about “fighting the IRS,” they generally have in mind one of…
IRS Notice CP501: What It Is and How to Respond
IRS Notice CP501 is the 1st Notice of a Balance Due. Now, this is…
What Does CP Stand For in IRS Notices?
CP stands for “computer paragraph” in IRS notices. In Internal Revenue Manual § 20.1.3.1.5,…