ARCHIVED BLOG POSTS
2020
In an article I wrote a few weeks ago, we discussed why 2020 might be a good time to settle your tax debt. In that article, we discussed how the IRS had a reduction of resources over the past 10 years and how the tide had started to turn. The IRS was now seeing some increase allotted by Congress ...
02/23/2020
When my clients come to me and provide me their tax information, I sometimes see red flags pop out that I address with them before filing. This review helps to minimize any issues they might have with future IRS reviews/audits. However, I also have taxpayers who come to me to represent them with ...
02/13/2020
If you’ve owed the IRS over the past 10 years, while you may not have been lucky to have an IRS problem, in general, we've seen a much less aggressive IRS in collecting tax debt. As an Advocate for Taxpayers with IRS problems, I have found the IRS to be less likely to take agressive enforcement ...
02/10/2020
Many of the Taxpayer’s coming into our Richardson, TX tax office with IRS Debt have a Notice of Federal Tax Lien (NFTL) or are under threat of an NFTL. As you’ve learned over the past few weeks, the Notice of Federal Tax Lien (NFTL) is a powerful tool of the IRS and having an NFTL filed can wreak...
02/07/2020
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In 2017, Congress passed The Tax Cuts and Jobs Act (TCJA), which was the largest piece of tax legislation that we’ve seen in three decades. The new law had an impact on almost all taxpayers who came to our Richardson, TX tax office, as well as taxpayers throughout the country. Most of the changes...
02/05/2020
When taxpayer’s come into my office in Richardson, TX related to IRS tax debt issues, threat of or Notice of a Federal Tax Lien is one of the major reasons. Taxpayers often don’t understand the process, how a Tax Lien impacts them, and what they can do to avoid one or remove one. The Notice of F...
02/02/2020
