Getting a debt settlement agreement notarized ensures legal validity and protects both parties involved. This formal process to notarize a debt settlement agreement creates an enforceable document that courts recognize. A debt settlement agreement outlines terms for...
Multiple factors can trigger federal tax audits that affect taxpayers across the country. Unreported income remains one of the most frequent red flags that trigger an IRS audit among authorities reviewing returns. Business expense claims that exceed normal deductions...
No one enjoys dealing with a tax audit. But each year, thousands of people are selected for review. The IRS checks tax returns to find errors or missing information. This applies to both individuals and business owners. Audits often happen when the IRS spots something...
A tax settlement is a legal agreement that allows a taxpayer to resolve their debt for less than the total amount owed. This arrangement is typically considered by tax authorities when a person faces financial challenges that prevent them from paying the full amount....
Consulting with tax lawyers is a smart first step when considering an Offer in Compromise to resolve tax debt issues. The Offer in Compromise program gives taxpayers the chance to settle IRS debt for less than what they owe. However, understanding how this process...
Filing your tax return and organizing your tax documents every year can be an anxious process, especially when you worry about making mistakes. Many people dread the idea of their tax documents being scrutinized by the IRS. If your return gets flagged for review, it...
Recent Comments