News

The IRS is warning the public about a phone scam that targets people across the nation.

WASHINGTON — The Internal Revenue Service today announced the nationwide rollout of a streamlined program designed to enable small businesses under audit to more quickly settle their differences with the IRS. 

Hundreds of employees of Internal Revenue Service contractors owe millions of dollars in federal tax debts, according to a new report.

A couple of days ago we were called by a client who received a phone call from someone claiming to be from the IRS. 

The Internal Revenue Service is putting the brakes on tax liens and levies during the federal government shutdown.

It's day #7 of the shutdown. So far, there's no sign that it will be ending any time soon.

We have received several calls from clients advising us that they have been receiving calls from "The IRS" warning them that they are going to take "LEGAL ACTION", that it is "URGENT", and there is some kind of discrepancy.

Some people are surprised to learn they're due a large federal income tax refund when they file their taxes. Others are surprised that they owe more taxes than they expected. When this happens, it's a good idea to check your federal tax withholding or payments. Doing so now can help avoid a tax surprise when you file your 2013 tax return next year.

Myth: "You MUST avoid failing to file taxes at the time required by law."

What is it about the Offer-In-Compromise that's attracted so much attention? When President Clinton signed into law the IRS Restructuring and Reform Act of 1998, it opened the door for taxpayers to potentially have crushing tax debt actually forgiven by the IRS.