As of October, 15th 2015, the IRS announced a policy change indicating that SSA Disability Insurance Benefits would no longer be subject to levy through the Federal Payment Levy Program. Prior to the policy change, if you owed back taxes and were receiving social security disability benefits, the IRS could levy 15% of your benefits… Read More
It is said that the amount of money owed to the IRS is not a problem provided the taxpayer shows a willingness аnd attempts tо рау the debt аѕ soon as possible. Tо a сеrtаіn еxtеnt thіѕ іѕ truе. Thе IRS is more interested in сhаѕing реорlе whо dеlіbеrаtеlу avoid рауіng their tаxеѕ. Thе gооd… Read More
You have unfiled income tax returns or your returns are filed but you owe the IRS more than you can pay. In either case you need help. You need help either preparing your income tax returns or negotiating a settlement with IRS. You need the services of a Certified Public Accountant (CPA), Tax Attorney, or… Read More
No one likes paying taxes, but it is the unpleasant task every working person must do. Neglecting to pay your taxes by the due date can make things even more unpleasant. The State of North Carolina has established a number of penalties to be imposed on the taxpayers for not filing state taxes on time.… Read More
Every income earner in North Carolina is required to file and pay state income taxes. If the taxpayer fails to pay those taxes the state imposes penalties on the taxpayer. There are some special circumstances when a taxpayer should apply for a tax penalty waiver. Automatic Waivers There are three circumstances where tax penalties will… Read More
Tax Resolution Services LLC of Raleigh NC Earns BBB Accreditation for Providing Tax Relief Services for Taxpayers Who Are Involved in Tax Controversies With the IRS or NCDOR. RALEIGH-CARY NC – June 29, 2013 — // 24-7 Press Release // — Tax Resolution Services, LLC of Raleigh NC announced today that it has been awarded… Read More
Mistake number one – Ignoring the problem, hoping it will go away. There is no statute of limitations on unfilled tax returns. The IRS can assess you taxes, penalties, and interest at any time based on information they receive for every year that you have unfilled tax returns. Additionally, filings, assessments, and appeals are all… Read More