What Documentation Is Required For An Offer In Compromise?

What Documentation Is Required For An Offer In Compromise?

Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: June 28, 2026 An offer in compromise lets you settle IRS tax debt for less than you owe, but the paperwork is what makes or breaks it. You need three core...
7 Tax Compliance Mistakes That Lead To Costly IRS Penalties

7 Tax Compliance Mistakes That Lead To Costly IRS Penalties

Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: June 26, 2026 A $10,000 tax bill you ignore for a year rarely stays $10,000. Stack the failure-to-file penalty, the failure-to-pay penalty, and daily interest,...
How Many Years Of Back Tax Returns Can The IRS Require?

How Many Years Of Back Tax Returns Can The IRS Require?

Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: June 23, 2026 Most people need to file the last six years of back tax returns to get current with the IRS. That covers most individual cases. Six years is...
Do You Qualify For An IRS Installment Agreement?

Do You Qualify For An IRS Installment Agreement?

Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: June 21, 2026 Most people who owe back taxes qualify for an IRS installment agreement, even if they can’t pay it at once. If you owe $50,000 or less and...
What Kinds Of Bank Accounts Can The IRS Not Touch?

What Kinds Of Bank Accounts Can The IRS Not Touch?

Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: June 1, 2026 Most bank accounts aren’t safe from the IRS. If you owe back taxes and collection notices have gone unanswered, the IRS can freeze and seize...