Have IRS Debt? Learn about changes in IRS Due to the Coronavirus!

Yesterday (March 25th, 2020) the IRS announced a People First Initiative, where the IRS announced that their priority would be helping taxpayers through uncertain times versus collection actions. These would include providing various payments relief and postponing taking compliance actions. What are some of these changes? Have an Installment

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Plano TX – Under Threat of an IRS Levy? Here’s what the IRS CAN’T take.

When a Taxpayer owes income taxes to the federal government, the IRS does not immediately levy the taxpayer and take everything that they own. The IRS will typically send the taxpayer a number of notices. If the taxpayer doesn’t respond, the IRS may send a “Notice of

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Uh Oh! The IRS Filed an NFTL on me. What Do I Do? Plano TX

The Notice of Federal Tax Lien (NFTL) is a very powerful tool of the IRS.  When taxpayers have tax debt, one of the most common reasons they come to our Richardson, TX tax office is due to a tax lien. I will often be asked if I can

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Plano TX – Unfiled Tax Returns? The IRS May Be Coming for a Visit Soon!

In an article I wrote a few weeks ago, we discussed why 2020 might be a good time to settle your tax debt. In that article, we discussed how the IRS had a reduction of resources over the past 10 years and how the tide had started

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Richardson TX – What Factors pu you at risk for an IRS Audit?

When my clients come to me and provide me their tax information, I sometimes see red flags pop out that I address with them before filing. This review helps to minimize any issues they might have with future IRS reviews/audits. However, I also have taxpayers who come

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Plano TX – Why 2020 Might Be Time To Deal with your IRS Problems

If you’ve owed the IRS over the past 10 years, while you may not have been lucky to have an IRS problem, in general, we’ve seen a much less aggressive IRS in collecting tax debt.  As an Advocate for Taxpayers with IRS problems, I have found the IRS

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Frisco TX – Did You Know That The IRS May Accept a Payment Plan That Won’t Full Pay Your Tax Debt? The Partial Pay Installment Agreement (PPIA)

Did you know that as a taxpayer who owes income taxes to the IRS, you may qualify for a payment plan that if all payments are made, will not completely pay your tax debt within the 10 years that the IRS has to collect income tax debt? 

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Frisco TX – What Does it Mean to be in Tax Compliance and Why It’s Critical to Taxpayers

When taxpayer’s come into our Richardson, TX tax office, one of the biggest challenges I often have is getting them into tax compliance.  Today, we’ll discuss what Tax Compliance means to the IRS and why it’s critical to effectively resolving your tax debt.   What Does the

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Frisco TX – When a Taxpayer does not file income Taxes – The IRS SFR (Substitute for Return)

We sometimes have taxpayers who come into our Richardson, TX tax office who have not filed a tax return for all years or many years and who are confused when the IRS is attempting to collect tax from them in a year that they know they never filed.    

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Frisco TX – Do the Changes Enacted in the Taxpayer’s First Act of 2019 Help You?

Have you heard of the Taxpayer’s First Act, that was passed by Congress on July 1st, 2019? Most of my clients in our Richardson, TX tax office haven’t, but there were some changes made in the Act that benefit taxpayers, and might be worth learning about.   What Is

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