by Tax Resolution | IRS Tax Assistance
While many American worry that they will be audited by the Internal Revenue Service (IRS) after they file their taxes each year, the truth is that the number of IRS tax audits has declined dramatically over the years. In 2017, less than 1 out of every 167 returns was...
by Tax Resolution | Tax Resolution
An Offer in Compromise (OIC) is a way to settle a tax debt owed to the Internal Revenue Service (IRS) where the taxpayer makes an offer to settle the tax debt based on their ability to pay. The taxpayer must provide the IRS with information about their financial...
by Tax Resolution | IRS Tax Assistance
A tax lien filed against you by the Internal Revenue Service (IRS) is a very serious matter which can affect your life and financial well-being for years. It may show up on your credit report and negatively impact your ability to get credit. It also makes selling your...
by Tax Resolution | IRS Tax Assistance
Withholding is the term used to describe the amount of federal, state and local income tax that is taken out – or withheld – from your paycheck. As we move into 2019, it is more important than ever to check your payroll tax withholding to make sure that the right...
by Tax Resolution | IRS Tax Assistance
While it is very unlikely that the United States Internal Revenue Service (IRS) will audit your income tax return, it is possible. In 2017, the IRS audited only one in every 161 income tax returns.1 Because the IRS doesn’t have a lot of budget dollars to do audits, it...
