How to act during an audit
It is important to keep in mind that you tell the truth when being audited by the IRS. Not only are your taxes being questioned, but your actions and integrity are under scrutiny. Any false statements can put you in jeopardy. Internal Revenue Service auditors are trained . . .
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You can partially pay your taxes to lessen the penalties and interest
If you owe the Internal Revenue Service but do not have enough money to pay the entire amount, you must still file your tax return on time accompanied with a partial payment. Keep in mind that filing late (after April 15th) will cost you penalties and interest. If . . .
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What are Civil Penalties?
Civil Penalties
The Internal Revenue Service usually does not legally prosecute people who file their taxes late. Instead, they impose consequences by assessing interest and penalties, as well as denying refunds. There are two types of penalties – criminal and civil tax penalties. Depending on the seriousness of your tax issue . . .
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Rules on how to win against the IRS
How can you beat the IRS? Given how powerful the Internal Revenue Service is, they can wield intense pressure in the minds of the average taxpayer; especially if you are dealing with them about tax debt resolution. Don’t be afraid to stand up and ask questions. There . . .
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Income tax return-correct information is a must
To avoid negative confrontation with the internal Revenue Service, it is important to keep them advised of your whereabouts. Miscommunication between you and the Internal Revenue Service will lead to serious complications in effectively resolving your tax problems. Good communication is especially critical when the IRS cannot reach . . .
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Introduction on how to deal with the IRS
Dealing with the Internal Revenue Service is the same as visiting other countries without knowing their culture. Although you can ask people about it, when the time comes there will be a chance you will be overwhelmed or taken advantage of.
Anyone who is having a problem with their taxes . . .
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It’s all about the IRS
“Provide America’s taxpayers top quality service by helping them understand and meet their tax responsibilities and by applying the tax law with integrity and fairness to all.” -IRS’s Mission Statement
Although the Internal Revenue Service mission is very simple, most of us do not know or understand basic . . .
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Filing a tax return after April 15
Many people are still having difficulty understanding how to prepare their own tax return as well as how to file it with the Internal Revenue Service the right way. It even becomes more difficult when some of them are still struggling with their tax return and it’s April . . .
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Do you worry about being audited?
Millions of people file their tax return every year although they do not want to. They do not have a choice because they are obligated to do so. We can always opt not to file, but can we afford to deal with our government once we do it? If not . . .
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Dealing with the IRS
Sometime in our life there could be a chance that we would encounter a tax problem with the Internal Revenue Service. Some might be facing an audit because of a mistake on their tax return or because of unresolved tax debt. These are the number one tax problems that can . . .
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