1. Guaranteed IRS Payment Plan for Freelance Gig Workers

    Guaranteed IRS Payment Plan for Freelance Gig Workers Gig workers’ earnings are reported on Form 1099. Because there are typically no taxes withheld, it is common among these workers to have tax debt or related problems. Sometimes their IRS tax liability can be substantial, sometime incredible! Gig workers are those individuals that consider themselves self-employed or independent contractors. T…Read More

  2. How Tax Non-Filers Apply for COVID-19 Stimulus Payment

    How Tax Non-Filers Apply for COVID-19 Stimulus Payment UPDATE: U.S. residents will receive the Economic Impact Payment, due to the financial domino effects of COVID-19 pandemic. Typically, receiving the payment requires filing a 2019 or 2018 tax return. Here is how to get COVID-19 stimulus payments for people that do not file tax returns. QUICKLY, THE BASIC RULES Just a quick refresher on the rule…Read More

  3. Tax Law Offices: What to Expect During COVID-19

    Tax Law Offices: What to Expect During COVID-19 A lot has changed over the recent weeks. At Tax Law Offices, we are still here for you, just as before. Here's the IRS business you should know right now: 1) IRS has not frozen direct debit payments during COVID-19. IRS will continue to debit payments from your bank for Direct Debit Installment Agreements (DDIAs) during the COVID-19 suspension period…Read More

  4. Top 5 Tips – How to Get $1,200 Coronavirus Relief Payment

    How Do I Get My $1,200 Coronavirus Relief Check? (Best Tips) The Internal Revenue Service’s big headline read, “No action needed by most people at this time”. But we now have more information that our earlier blog on the $1200 checks. The IRS says that the first of the $1,200 Coronavirus relief payments will be sent sometime during the next 21 days, presumably by April 20, 2020. According to…Read More

  5. Do I Have to Pay My Student Loans During COVID-19 Disaster?

    Do I Have to Pay My Student Loans During COVID-19 Disaster? Many are now eligible to pause payment on their federal student loans. The Department of Education announced that you may be able to pause your payments for 60 days or more. To take advantage of the payment waiver, you must take steps – the relief is not automatic to everyone. Here’s how: Call your loan servicing company to check your…Read More

  6. Is Federal Lien a Threat of Levy?

    Is Federal Lien a Threat of Levy? If you receive an IRS tax lien, do you have to worry about an IRS tax levy? Here’s a quick summary of what you should do. Why Do I Even Have a Federal Tax Lien? When the IRS has been alerted that the liability will not be fully paid within 120 days, IRS routinely files their lien against liabilities. This is in order to protect the government's ability to collec…Read More

  7. How to Spot IRS Phone Scams

    How to Spot IRS Phone Scams If someone calls demanding money for IRS tax, is this a legitimate call? Probably not, because IRS just doesn’t make collection phone calls. One of the more popular scams now is the caller who threatens to arrest you today. Usually a male voice, he will claim to be an “IRS Revenue Officer”. The caller will provide a name (no, it’s not his real name), and maybe e…Read More

  8. I lost my house in divorce. Will I have capital gains later?

    I lost my house in divorce. Will I have capital gains later? Avoid tricky tax problems in divorce property settlement! Here’s the common situation: Let’s suppose that you are the primary spouse on marital home’s mortgage. You plan to give your spouse all rights to your home, in the divorce. Your spouse will keep the home, but cannot refinance or remove your name off the mortgage. You might e…Read More

  9. Holiday Travelers – Has IRS Blocked your Passport?

    Holiday Travelers – Has IRS Blocked your Passport? If you have unpaid IRS tax debt, your international travel could be in danger. By Department of Treasury procedure, IRS can request to block the issuance or renewal of U.S. Passports for those who owe significant tax debt. If the debt remains without payment arrangement, IRS can request a full revocation of a passport. This applies to anyone who…Read More

  10. IRS Just Took My Payroll Funds!

    Whoa! This problem is an emergency. It needs a real solution, right now! (Or else employees won’t get paid.) This situation is called an “IRS Bank Levy.” The IRS will use various forms of collection enforcement to collect unpaid federal tax. Initiated by either by an IRS Revenue Officer or IRS’s automated system, a “Notice of Levy” is issued to your bank. This levy is one of the IRS' c…Read More