Professional tax relief services help you resolve tax debt—and regain control of your finances.
Reduce the stress and cost of an audit with professional tax representation—from first notice to full resolution.
If you received a letter from an IRS Revenue Officer, you might be wondering what that means and what steps you should take next.
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IRS Letter 525 is sent to let you know that your tax return was reviewed. A wise taxpayer should proceed with caution, yet swiftly, from this point forward.
A CP08 is to let taxpayers know that they may qualify for the Additional Child Tax Credit and, in turn, could be eligible to receive a refund.
IRS notice CP05A is sent by the IRS to inform taxpayers that they need more information about the submitted income tax return before a tax refund can be issued.
You received an IRS CP87A because someone else filed a tax return and claimed the same dependent or qualifying child that you claimed on your tax return.
Per the collection statute expiration date, the IRS generally has 10 years from the date they assess your tax balance to collect taxes owed.
If you can show that there was “reasonable” cause for the understatement or for failure to file or pay on time, you may be able to get those penalties abated.
Receiving notice of an IRS levy can cause a lot of anxiety. How you can prevent an IRS levy from occurring or release a levy once it has occurred?
If you’ve received an IRS deficiency or IRS determination and disagree with the changes, how can you dispute them? Read on because we’re here to help!
The IRS assessment period is at least six years if enough income was omitted. If the the omission of income was deliberate, the IRS has all the time they want.
IRS Notice CP21A is a letter that the IRS issues when changes have been made to a tax return by the taxpayer, usually after they have filed an amended return.
A CP518 notice is issued by the IRS to taxpayers because they have no record of a tax return being filed for the year listed on the notice.
If you received an IRS notice CP521, it is because you entered into an installment agreement with the IRS for taxes owed and your monthly payment is now due.
An IRS Notice CP45 is a letter the IRS sends to notify you that your request to apply your overpayment to your next year’s estimated taxes cannot be granted.
IRS Letter 105C notifies you that the IRS did not allow the credit or refund you claimed. Usually, Letter 105C will explain why your claim was disallowed.
IRS Notice CP10 is issued when the IRS believes there was a miscalculation on your tax return. This results in changes that affect your estimated tax payments.
An IRS Notice CP32A is informing you that your refund check has not been claimed. To resolve this notice, you must call to request a new refund check.
IRS Notice CP21C is sent out when a taxpayer requests to make a change to their tax return. The notice informs the taxpayer that the change has been completed.
IRS CP06A notice asks you to verify the Premium Tax Credit you claimed on your tax return with documentation. How should you properly respond to this notice?
You just received an IRS Notice CP90 - Intent to Levy and Unpaid Taxes - in the mail. Don't panic. Let's walk through the letter and determine your next steps.
They received an IRS tax notice demanding payment for over $600,000 in tax, interest, and penalties. Not knowing what to do, they contacted TaxAudit for help.
If you have a pending tax bill, putting the IRS and a bond payment together might be what works for you. How can a bond payment help you with the IRS?
One of the most common notices we see at TaxAudit is the IRS Letter 3219C – also called a Notice of Deficiency. What is this notice? Why did you receive it?
Thirty days from the date of the IRS Notice CP90, the IRS has the right to begin taking assets. This can include bank accounts, wages, and retirement accounts.
If you are self-employed, you may be able to deduct your home office internet expenses on your taxes. Let's review the guidelines for an internet deduction.
IRS CP80 notice explains you have a credit on your account for the tax year in question but have not filed a return. The credit will apply to any amount due.
IRS Notice CP60 informs taxpayers a payment was posted to their account in error. The IRS removed the payment and the taxpayer now owes additional tax.
The IRS is required to send out these notices to any taxpayer who has filed a return and has a balance due that has not been paid.
IRS letter 4800C is typically asking for verification of items you claimed on your tax return, such as credits, wages, and withholding.
A CP30 notice is sent to inform you that your anticipated refund has been reduced. The IRS will outline why your refund was reduced and list the new amount.
IRS CP23 letter notifies you of a change to your return due to a difference between the amount of estimated tax payments and the amount posted to your account.
The IRS sends out a CP14 notice to notify a taxpayer when they have unpaid taxes and/or penalties and interest. What should you do if you get a CP14?
The IRS CP22A notice is letting you know that changes were made to your filed tax return, and because of this, there is now a balance owed.
If the IRS hasn't debited your accound payment, the first step is to contact your bank to see if the payment has been taken from your account.
The IRS is billed you $4,000 due to a $8,000 capital gain or dividend. You don’t know what the $8,000 is from and believe if inherited it should be tax free.
IRS letter CP13 states a miscalculation was made on your tax return and that you do not owe any additional tax, but you will no longer be receiving a refund.
CP11 explains that the IRS has made changes to your return in order to correct a miscalculation made while filing your taxes and additional taxes are due.
CP504 is one of the scariest notices you can receive as it is considered a final notice, warning that the IRS is preparing to levy (or seize) a property.
The IRS sends letter 4464C to inform you they have chosen to verify your return accuracy. It's sent after a return has been filed but before a refund is issued.
The IRS has established payment programs to allow a personal or business debt to be paid off over an agreed period of time. Here's how to set up a payment plan.
Taxpayers receive an IRS CP503 because they have an unpaid tax debt. This is the 2nd notice the IRS sends taxpayers that they have an outstanding balance due.
The IRS uses an annually updated wage garnishment table to determine how much the taxpayer needs to live on and then the IRS takes the rest.
The IRS will always notify you by mail if your tax return is selected for audit. The IRS will not initiate an audit by a phone call, email, or text message.
"Winning a tax audit,” simply means that you’ve paid the IRS no more than you rightfully owe. This is where the professionals at TaxAudit come in to help!
If you have ever gone through an audit with the IRS or are just curious why the IRS audits tax returns in to begin with – you are in the right place.
The gap between what taxpayers owe versus what they actually pay looms large. IRS audits are an attempt to collect the funds required to close this gap.
Yes, the IRS does offer payment plans to those taxpayers who owe taxes. The IRS offers a series of payment plan options for those who need more time to pay.
If you’ve been lucky enough to never receive a love letter from the IRS, you’ve probably wondered: What is it like to go through a tax audit?
If the IRS is taking your refund, sometimes you need a qualified tax professional who understands IRS collection procedures to intercede on your behalf.
When you owe money to the IRS, they can take a variety of actions against you to collect the balance due. You can repay the IRS debt using unemployment checks.
Father died 30 years ago. Stepmother just sold house and children split father's portion of sale (after filing of an affidavit of heirship). Do we owe taxes?
You received an IRS Notice CP12 because the IRS corrected one or more mistakes they believe were made on your tax return. What do you need to do?
Now that you have your Letter 6475, what should you do with it? The letter will inform you of the amount that the IRS paid to you for the third EIP payment.
The IRS will issue Letter 6419 to provide the total amount of advance credit that was paid to the taxpayer - keep this letter for your 2021 tax return!
You open your mail and see IRS Letter 5071C. What on earth does this letter mean? Are you being audited? Why did you receive this letter in the mail?
You received an IRS Letter 5071C for a tax year in which you never filed a tax return. It is likely that someone might have filed a tax return in your name.
If you’re struggling with back taxes, you may be able to qualify for assistance under an IRS initiative called Fresh Start. Here are 3 ways to be eligible.
When a taxpayer fails to file their return, the IRS will come knocking usually in the form of a notice of tax due for back taxes. Back tax help is available.
Taxpayers who are behind on their federal taxes may be surprised to know that their Social Security benefits are ripe for the picking by the IRS.
The first thing to do when you get audited by the IRS is to not panic! It be scary but with the right tools and resources you will be able to get through it.
Recently, the IRS sent many taxpayers a confusing set of letters. The follow-up notice, Letter 6470, notifies the taxpayer of their legal rights to appeal.
Rest assured the IRS has no advance knowledge that you have elected to have representation in the case of an audit through Audit Defense.
One way to find out how much money you owe the IRS is to use the IRS Online Account tool, which allows you to view helpful information about how much you owe.
If you haven’t received a notice from the IRS, but think you might owe money to the IRS, you can also utilize the IRS' Online Account tool.
The thought of owing the IRS money can be a scary thought – especially if you’re not sure you do! The IRS has provided tools to help taxpayers like you!
What a satisfaction it is saying goodbye to old debts. There are several options available to taxpayers who want to make a payment for back taxes to the IRS.
When a taxpayer receives a collection notice from the Internal Revenue Service, their typical first reaction is one of panic but it doesn't have to be scary.
The length of an audit depends heavily on the issues being addressed, the level of documentation required, and the Examination Division doing the audit.
First and foremost, audit defense works by protecting you from the hazards and stress of facing off against the IRS (or a state tax agency) on your own.
Costs for home improvements, such as a new roof, add to the cost basis of your property and will reduce your taxable gain when you sell your home.
The first step in preparing for that audit is reading the letter carefully. Audits rarely examine everything on the return, but only ask about specific items.
In 2011, the IRS launched the Fresh Start program and has since expanded the program in the hopes of assisting more taxpayers who carry federal tax debt.
If you are currently under audit with IRS, you will still receive a stimulus check if your income falls within the eligibility limits.
If you received a CP2000 notice from the IRS, it helps to understand what it is and how to handle it. Here are a few essential things to know about a CP2000.
For some of us, retirement seems like an eternity away; for others, it is just around the corner. It is never too early to start saving for the future.
The Fresh Start program is designed so that taxpayers pay their debt in full within six years, and without a serious financial burden being placed upon them.
Audits happen for many reasons, and while you may think a disgruntled neighbor ratted you out, the reality is most IRS audits are initiated for other reasons.
Whether it’s an audit or a notice, receiving a letter in the mail from the IRS is most taxpayers’ worst nightmare. What can you do that will lower your risk?
No matter the cause of each person’s tax debt, there are a number of different programs offered by the IRS to help taxpayers get back into the good books.
Having a tax bill is not a situation anyone wants to be in. Fortunately, there are ways to deal with tax debt owed to the IRS. Let's explore a few solutions.
The fact is that there is no standard answer to how long it will take for the IRS to finish up your audit and tell you what, if anything, you owe.
Responding to an IRS audit is not the easiest thing to do. Surviving an audit is much easier with professional representation.
Generally, the IRS has three years form the date the return is filed to conduct an audit. However, there are exceptions to this three-year rule.
The first thing to do is to check every name and Social Security number listed on the return with what is listed on their Social Security cards.
Returns are being processed, and refunds are being issued. Things seem back to normal.
So, what happens if you miss an Installment Agreement payment and/or can no longer make the agreed upon payments?
Sometimes it only takes six little letters to strike fear in the bravest of taxpayers: IRS IOU (technically, it's not an IOU, but rather a bill).
The IRS is searching for volunteers to lend a helping hand and to share some wisdom in their communities.
Congress reauthorized the IRS to use private debt collection agencies, or PDC, to collect outstanding tax liabilities.
The IRS can request the State Department to revoke a currently active passport of a U.S. taxpayer with severely delinquent tax debt.
The IRS is currently offering this cash payment alternative at participating 7-Eleven stores in 34 states.
The IRS recently announced that their "Get Transcript Online" feature is now available for taxpayers who would like to obtain their tax transcripts.
I got a phone call from the IRS last week.
The IRS is well aware that the U.S. Olympic Committee pays medalists a cash bonus of $25,000 for winning gold, $15,000 for silver, and $10,000 for bronze.
We have created a list of 5 quick tips on how to deal with any IRS letter you receive to help make the process as quick and painless as possible.
The latest news from the IRS regarding the amounts taxpayers are allowed to spend on necessary living expenses when owing the IRS is not for the faint of heart.
The correspondence at the focus of my holiday lament is IRS Letter 4464C, otherwise known as the <em>Questionable Refund 3<sup>rd</sup> Party Notification</em>.
There are only two months left in the year. What can I do now to avoid paying a big tax liablity on my Schedule C business next year?
The letter you hoped would never come arrived. You open it and discover the IRS has graciously sent you an invitation to their work mileage deduction review.
Tax nightmares aren’t just for scammers. They can happen to people who make innocent mistakes, and even to those who believe they are doing the right thing.
In essence, the flat tax is a system of taxation where one tax rate is applied to some types of income with no deductions.
What do “Scarface” Capone and a tax audit have to do with each other? Scarface went to prison for - of all things - tax evasion!
I got a CP2000 notice from the IRS. It says I owe $12,269 for securities I sold. I purchased the stock in 2005 and sold it at a loss of almost $10,000...
While I was working out at the gym, someone broke into my locker and stole my diamond ring. It’s my wedding ring and I always take it off before doing...
Are disability payments taxable? This is a good question, but there is no correct general "yes" or "no" answer.
I do PR in the Bay Area. My hairstylist says I can deduct my entire salon bill on my taxes because it helps me look good at events. Is this correct?
I want to donate to my favorite politician’s 2016 campaign for our state’s House of Representatives. Are there limits to how much I can deduct?
Should I include notary feeds on my tax return?
I received a 1095-A form for health insurance after I had already filed my taxes.
I would really appreciate some advice on filing estimated taxes. Please let me know if you provide this service.
The IRS estimates they received over 2.4 million fraudulent returns for the 2013 filing year. If you’ve been the victim of this type of crime…
My husband and I bought a home. We sold our old house a few months later. Will the profit on the old house be taxed if we do not roll it into the new house?
The expenses I paid out on my rental were $12,000 more than my rental income, yet my tax return shows a deductible rental loss of zero. Why?
These thieves use a legitimate taxpayer’s name, address and social security number to file a fraudulent return claiming a large refund, and then divert...
If you get audited, do they send a letter or do they call you?
You want to save money towards your retirement, but your employer does not offer a retirement plan, such as a 401(k). You are not alone...
You just found out your Uncle Jerry passed away and that he had listed you as the sole beneficiary to his traditional IRA account. You go down to the bank...
My wife is training to begin her career as a life coach. Can the expenses of her training, including tuition, room, board & travel, be tax deductible?
You might have thought that with the new Health Care Reform more of all the money you spend on health insurance and medical expenses would be deductible.
I am a policy and procedure writer for a company. Due to my long commute, my boss lets me work from home one day a week. Can I write off my home office?
Crowdfunding is a popular way to raise funds for businesses, charities and individuals. It occurs when someone asks others to contribute to their idea or cause.
My wife and I are preparing our taxes, and, due to her employment situation(s) and our investments, we have received a number of 1099s...
Are you short on cash and don’t have the money to pay your tax bill? The IRS does have a few options for the taxpayer who is cash short at tax time.
filed my tax return, and then a W-2 came in the mail for a job I worked earlier this year that I had forgotten about. How do I file this?
My wife has an IRA under professional management with a financial advisor here in Portland. Can we deduct the fees charged for his services?
The holidays have come and gone, footballs are filling the air as bowl games and playoffs are well underway, and it’s time to start thinking about…taxes?
What form do I file with the IRS for 2014 for a fraud case where I lost lots of money. The fraud case was adjudicated and the offender now sits in Fed Prison.
The holiday season is a time for giving, but if you don’t follow the carefully prescribed rules for charitable giving, the IRS may disallow your deduction.
I’ve never been married and I have no children. I’ve been successful in my career and have some money saved. I want to give my six nieces and nephews $20,000
I just had my home refinanced to a lower interest rate and to a 15-year fixed mortgage. What are some of the things that are associated with refinancing...
Did you retire this year or turn 70 prior to July 1st? You may have think about Required Minimum Distributions (RMDs).
received a phone call from IRS telling me that I owe them $2,500. They said they sent me a letter in January of 2014 that I signed for telling me the errors...
We heard about it all the way back in 2010, but the Individual Mandate − or Minimum Essential Coverage − did not go into effect until this year.
My husband passed in February of this 2104. We have always filed a joint return. What do I need to do this year?
We loaned our car to a missionary home for a visit and fundraising. Can we deduct the mileage as a charitable contribution?
I have a daughter who is eligible for the American Opportunity Tax Credit of $2,500.00. Can she also use the Lifetime Educational Tax Credit of $4,000.00?
Sunday during the fall is a huge day of the week for many Americans. Namely, the sporting fiends with professional football fever. The National Football...
Can I claim the interest I pay on my RV on Schedule A as mortgage interest on a second home? As long as your RV loan is secured by the RV and the...
Casualty losses can happen to taxpayers, such as a fire caused by a faulty heater. Do you have copies of your important documents in a safe place?
When it comes to proving deductions taken on a tax return, the burden of proof is on the taxpayer, according to the Internal Revenue Code (IRC).
If you made an mistake on your taxes or omitted required information, such as a late-received W-2 or K-1, you can file an amended return on Form 1040X.
It’s still not too late to make adjustments to your withholding or estimates to make sure your 2014 taxes will be done correctly and you will not be surprised..
We bought our home in 2009, in Arkansas, did major improvements, and then leased it out from 2010 though 2014. We now have the place up for sale...
The overall percentage of individual tax returns examined in 2013, published by IRS, is about 1%; however, this number only takes into account “examinations”
My brother is in assisted living; what part of his expenses can be deducted? He needs assistance with getting dressed and all daily hygiene activities.
Let’s talk about business deductions for members of the military. The same rules apply for active duty personnel and reservists.
If you are a member of the U.S. Armed Forces, there are tax breaks written just for you. Merchant Mariners and American Red Cross employees do not qualify...
We have been asked to build some basic boxes to be used as a stage for a company. They plan to pay us but are not placing us on their payroll as employees.
If you like to gamble, you probably already know that your gambling winnings are considered income, especially if you gamble within the United States.
I completed a short sale in 2014 and was wondering if it’s possible to avoid taxes on the difference. I sold it for $142,000, the bank got $127,000, and the...
Years ago, I was just like most people when it came to taxes. Just the thought of doing my tax return gave me hives. I had been burned twice at tax time...
My house got water in it this past month. I needed to clean up the mess, replace the carpet, pad and doors. My insurance would not cover the loss.
Now that the furor, for the most part, over the Affordable Care Act has subsided a bit, let's take a quick look at the PENALTY for not abiding by this law?
This decision is likely to impact many taxpayers, particularly anyone expecting to inherit an IRA from a parent or someone else.
Could you advise on how the value of items is determined for charitable contributions? I am about to donate several of my designer suits to charity.
Yes, Uncle Sam loves lawsuit settlements just like plaintiffs do. Before you start spending the money, there are some things you need to know.
For several years, National Taxpayer Advocate Nina Olson has been arguing for the simplification and codification of taxpayer rights and responsibilities.
My wife has her own business as a psychotherapist and is the only person involved, i.e., she has no employees. She frequently has to submit claims to insurers..
There are so many ways that taxpayers have tried to do an end run on the tax system that the IRS issues an updated consumer alert each year titled...
Taxpayers who must pay alimony to a former spouse may deduct it from his/her tax return as an adjustment to income.
How do you know if you have spent substantially full time repairing and maintaining a rental property when you stay in it so it doesn't count as a personal day?
The IRS generally won’t look for you unless you owe them money. If you don’t file for a refund within 3 years of the original due date of the return...
All paid tax return preparers are required to have an IRS PTIN (Preparer Tax Identification Number) which they must enter on the tax returns they prepare.
If you have a dedicated credit card for your business, can you use the statement as the receipt for your business entertainment, meals, travel, etc.?
Do feel motivated to give money to an organization after the last hurricane/tornado/flood/fire? Did you get a phone call, email, personal appeal by someone?
While we call it the “Jock Tax,” it really is a tax that does affect a variety of people, but we are focusing on the NBA because of the extensive travel habits.
I hate allowing the government an interest free loan. This year I had a penalty for owing too much at the end of the year. So my question is: how…
First job ever? What do you do about those pesky tax forms they gave you at the job? How do you fill them out? Why are they taking all that money out!?
My son was arrested in December of 2012 and spent the entire year of 2013 in jail awaiting trial. During that year I paid his attorney fees, car payments...
You may have heard that if you are self-employed, or you are expected to entertain clients as part of your job, you can deduct the costs of those meals...
I bought a house in Arizona in 1996 for $95,000. I did two cash-out refi’s totaling about $30,000 through 2004. I sold the house in 2014 for $165,000, and..
You got your return filed on time and you’ve got a nice big refund coming. But the funds don’t show up in your bank account when you expected them to. Now what?
My two children live with my ex. He is the custodial parent but we have joint custody. I pay child support and they come over to my house almost every weekend.
You owe money to the IRS – now what? Don’t faint, don’t freak out, and don’t worry! There are simple ways to take care of that balance due.
The April 15th deadline is approaching. Taxpayers are most likely to make errors on returns when they are rushing to finish their returns before the deadline.
Under 59½? Need some extra cash? Don’t use your retirement! It isn’t a savings account or a piggy bank to be used to buy an extra pizza on Saturday night
If you are upset about the national debt, you can make a deductible charitable contribution to the Bureau of the Public Debt to help out.
I use my car in my business. How much of it is tax deductible, and what type of travel is deductible? Are my trips going back and forth to work deductible?
Feeling sick? Broke a foot? Broke a tooth? Kids in braces? Are these deductible on your taxes? Well – maybe. Medical, dental, and even alternative health care..
The fastest way to get your money without paying additional fees is to e-file your return and have the money Direct Deposited to your bank account.
I was an owner contractor on the restoration of my house. I bought some used construction equipment to do the work, items like gas powered pressure washer...
Michael Jackson stirs up many good memories for me. I mean he is the Elvis of my generation. I vividly remember getting his Thriller record for Christmas...
In a recent case of tax evasion, Ty Warner, the creator of “Beanie Babies” was hit with $53.6 million in penalties for hiding money offshore.
Tax scams increase exponentially during the income tax filing season. If you want to avoid being a victim, be aware that when someone offers you a “chance of...
Phone Scams: There are numerous phone and internet scams claiming to be the IRS (or other government agencies). Do not give personal information to anyone...
In order to qualify for an Earned Income Tax Credit (EITC) of up to $6,044, you must first meet these two qualifications: You must have earned income...
As for an individual with a business, it is beneficial to research what is on the market in regards to business accounting software. There are numerous...
I’m sure you remember when Susan Boyle became an overnight web sensation. Since then, thousands of hopeful musicians, writers, artists, and dancers...
It’s a long story that begins long before the arrival of the first Form 1040 Income Tax Return of Annual Net Income of Individuals...
The IRS just announced a new version of their mobile app, IRS2Go. You can use the app to track your refund status and more.
Introducing Carolyn Richardson! Our highly effective and experienced tax audit professional from Hawaii! With her three decades of tax experience,…
Here are some simple tips to help you reduce your audit risk: Proofread your tax return A mistake on just one figure or item can present IRS audit flags…
When your tax return is audited, the IRS will ask to see records and documents that show how you came up with the dollar amounts reported on your tax return.
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