What Is Tax Resolution? Understanding Relief And Resolution

What Is Tax Resolution? Understanding Relief And Resolution

Tax resolution is the strategic process of addressing and resolving outstanding tax debt through IRS-approved programs and professional negotiation. Unlike general tax relief (which reduces annual tax burden through deductions and credits), tax resolution specifically...
What Is A Tax Levy On A Paycheck?

What Is A Tax Levy On A Paycheck?

A tax levy on a paycheck, also called wage garnishment, is a legal collection action where the IRS seizes a portion of your earnings directly from your employer to satisfy unpaid tax debt. If you’re facing this situation, professional tax resolution services can...
Will The IRS Take My Refund If I Have An Installment Agreement?

Will The IRS Take My Refund If I Have An Installment Agreement?

Yes, the IRS will automatically apply your tax refund to your outstanding tax debt if you have an active installment agreement. This happens regardless of your monthly payment plan status and is required by federal tax law. If you’re dealing with complex tax...
Do My Tax Returns Have To Be Filed Before I Can File Bankruptcy?

Do My Tax Returns Have To Be Filed Before I Can File Bankruptcy?

It depends on which type of bankruptcy you’re filing. For Chapter 7 bankruptcy, you generally don’t need current tax returns filed beforehand, but you must provide your most recently filed return to the trustee. For Chapter 13 bankruptcy, you must have tax...
10 Game-Changing Benefits Of Tax Preparation For Individuals

10 Game-Changing Benefits Of Tax Preparation For Individuals

Tax preparation is the systematic process of organizing financial records, identifying deductions, and filing accurate returns to minimize tax liability while ensuring legal compliance. For individuals, effective tax preparation delivers measurable benefits including...
Why Compliance With The IRS Is So Important

Why Compliance With The IRS Is So Important

IRS compliance means following all tax rules, maintaining accurate records, filing proper forms on time, and keeping supporting documentation. With the Inflation Reduction Act funding tens of thousands of new IRS agents and audits expected to increase dramatically by...