Free Download
If you’re having tax problems

Category: IRS audits

Appealing the Findings of Your IRS Examiner: Should You Appeal?

Appealing Audit

  All you need to know about appealing your IRS findings The Internal Revenue Service better known as the IRS is the governmental agency that ensures that you “give Caesar what belongs to Caesar”. In other words, it conducts the fundamental function of tax collection on a nationwide scale. And so given the importance of… Read more »

Tips to Avoid an Underpayment of Estimated Tax Bill

Underpayment of Estimated Tax

  What Are Estimated Taxes and Who Must Pay Them? According to the Internal Revenue Service (IRS), estimated tax is “a method of paying tax on income that is not subject to withholding tax. This type of tax can include income from self-employment, business earnings, interest, rent, dividends, and other sources.” The IRS states that… Read more »

Understanding IRS Penalty Abatement & Reasonable Cause

IRS Penalty Abatement and Reasonable Casue

IRS Penalty Abatement And Reasonable Cause Being assessed a penalty by the Internal Revenue Service can be an overwhelming situation. Faced with potentially massive penalties a taxpayer’s financial future may seem bleak. Fortunately, there may be relief available. The IRS offers qualified taxpayers something called “penalty abatement.” But, what is and how is it determined?… Read more »

How Is IRS Interest Calculated?

How Interest is Determined When you’re late filing or paying your employment taxes to the IRS, penalties and interest charges will be will be triggered and assessed. Navigating the waters of IRS tax code can be an extremely tricky proposition – thankfully, we have compiled a helpful guide to understanding how the IRS calculates interest…. Read more »

How IRS Audits Can Become Criminal Investigations

IRS criminal investigation

IRS Criminal Investigation Division In our day-to-day lives, one usually has to try to find himself (or herself) on the wrong side of Law Enforcement.  That is of course, not counting basic traffic infringements (which are hardly considered criminal).  But in all other respects, it is mostly pretty easy to go about our day and… Read more »