Financial Disability Can Extend The Time For Claiming A Refund

It is hard to imagine someone missing out on claiming a refund that is owed to them. After all, that is money that could be used to offset bills, pay for education, ...
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Income Tax Brackets and How Your Money Is Taxed

There are only two things certain in life, death and taxes. Though most people have probably heard this several times before, there is still a great misunderstanding ...
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What You Need To Know About An IRS Levy and How To Get It Released

Many taxpayers facing a levy from the IRS, after receiving a Final Notice Of Intent To Levy, need to be aware that a levy can reach beyond their bank accounts or ...
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Important Steps You Need To Know For The IRS Penalty Abatement Process

Penalty abatement is an option that may be available to remove IRS penalties that have been assessed to a tax debt. However, not everyone qualifies for penalty ...
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Three Common Reasons For Requesting Reasonable Cause Penalty Abatement

If you have ever owed the IRS money for previous tax years then you are probably familiar with the penalties and interest. The IRS routinely assesses additional ...
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How To Qualify For IRS Penalty and Interest Reduction or Removal

If you are dealing with a tax issue or have ever dealt with a tax issue in the past, you probably are aware of the additional penalties and interest that get tacked ...
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How To Appeal Your Rejected IRS Offer In Compromise

When submitting an Offer In Compromise (OIC) to settle a tax debt, hopefully the process is one that is smooth and successful. However, this is not always the case. ...
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Effective Tax Administration: An IRS Offer In Compromise Alternative

The effective tax administration (ETA) offer in compromise (OIC) is not usually the first type of offer in compromise that is discussed when trying to settle a tax ...
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What You Need To Know Before Submitting A Doubt As To Liability OIC

When taxpayers hear the term "offer in compromise" (OIC), they generally regard this as a way to settle with the IRS for less than what is owed. Typically, OICs fall ...
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How To Avoid Defaulting On Your Accepted Offer In Compromise

Having your Offer In Compromise ("OIC") accepted by the IRS can feel like such a relief, especially if you are able to pay the settlement amount in a lump sum and not ...
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