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...
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...
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...
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...
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...
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...
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