by Pierre Philantrope | Oct 16, 2024 | Tax Tip
Receiving a letter or notice from the Internal Revenue Service (IRS) could be very stressful. The IRS has ramped up tax collection enforcement due to the recent funding allocated to hiring more employees to collect tax due. Further, collection activities that were...
by Pierre Philantrope | Aug 14, 2024 | Tax Tip
Many married couples usually ask the question: Should we jointly file our tax return or should we file separately? The answer: It depends. Taxpayers financial circumstances could be very different. There are many factors to consider to determine the filing status...
by Pierre Philantrope | May 8, 2024 | Tax Tip
Million of taxpayers could not pay their taxes or failed to file their tax returns. The number increases every year. Some taxpayers incorrectly filed their return. The Internal Revenue Service, in many cases, would send them a letter. Unfortunately, many taxpayers...
by Pierre Philantrope | May 1, 2024 | Tax Tip
An Offer in Compromise is a program offered by the IRS that allows taxpayers to settle their tax debts for less than what they owe. This program is designed to help taxpayers who are unable to pay their tax debts in full and are experiencing financial hardship. The...
by Pierre Philantrope | Mar 27, 2024 | Tax Tip
Many taxpayers are currently receiving correspondence from the Internal Revenue Service. Notices that were on hold because of Covid-19 and lack of funding to enforce compliance are resumed. Some taxpayers are now realizing that the Service did not overlook the past...
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