News

If you are feeling the pinch when it comes to taxes, the IRS is going to do more for those who are financially strapped and unable to clear tax debts.

When the Fresh Start initiative started in 2008, the IRS announced that it would provide taxpayers with lien relief if they are were trying to sell or refinance a property. New flexibility was added in 2009, along with expanded thresholds for small business owners.

Myth: " Settling my case with the IRS doesn't mean I'll walk away footloose and fancy-free"

Answer: I'm not going to paint some rosy picture that facing up to your IRS problem and working out a solution is going to be pleasant.

Tax evasion and tax avoidance – what's the difference?

Myth: The IRS can seize any form of personal property to satisfy a tax debt

Have you developed a false sense of security?

Maybe the IRS placed a lien against your property as a "warning shot across the bow", but you haven't responded.

Cary B. Bryson a Louisiana Tax Resolution Attorney, recently hit four separate Amazon.com best-seller lists with "Protect and Defend" book.

WASHINGTON –– The Internal Revenue Service is providing tax relief to individuals and businesses affected by Hurricane Isaac.

The American Institute of CPAs has written to Internal Revenue Service Commissioner Doug Shulman outlining its concerns with what it sees as a "widespread problem affecting numerous taxpayers": erroneous letters from the IRS to taxpayers filing foreign trust forms.

A former Internal Revenue Service revenue agent and tax preparer has pleaded guilty to charges that he tried to hire a hit man to kill four of his former clients who were scheduled to testify against him in a tax fraud case.

The summer wedding season is well underway, and the Internal Revenue Service thought it would be nice to give a little advice to those of you who recently said "I do." If you -- or your clients -- follow these seven tips, you will likely have an easier time when tax season rolls around...