irs tax relief
Find W-2 Forms for Bigger State Refunds Take a look at this IRS form W2. Most of us know that this form is important when preparing and filing your tax return. Every year the information from this form is included within your tax return. But also, attach this form to your federal and…
Read MoreHow to Cure the Top 3 Problems of Business Owners The 3 most common concerns that I hear from business owners are not what you might expect. Self-employed people want to “get their finances in order”. And that can mean a few different things. This could mean more savings, better cash flow, or improving their…
Read MoreTax Law Offices Receives BBB Complaint Free Award! Tax Law Offices once again reached an annual milestone – the BBB Complaint Free Award for 2022. This honor is awarded to those companies that show the highest level of customer care in avoiding complaints through the Better Business Bureau (BBB). At Tax Law…
Read MoreWill Student Loan Forgiveness Affect Your Taxes? Right now, everyone is talking about the Student Loan Forgiveness Plan. For most, it is welcome assistance in the face of overwhelming student loan bills. However, many haven’t thought about how this plan could affect their tax bill. So now the question is: Will student loan…
Read MoreTip Income and Taxes – How to Get it Right For those who work in the service industry, tips are vital for their income. The tax rules and your obligations for tipped income require complying with a unique set of tax rules. Failure to do so can cost you your hard-earned money. Let’s…
Read MoreIRS Forgives Innocent Spouse of $62,000 After nearly three years, we won our client’s “impossible” cases against the IRS and the Wisconsin Department of Revenue. Previously from Milwaukee, WI, this client had been unfairly assessed nearly $62,000 of tax, interest, and penalties. The back taxes ranged from years 2007 to 2013. The…
Read MoreWhat happens when frequent gamblers receive huge tax debts from their winnings? Learn more with Business Tax Settlement below. Why Are Gambling Taxes So High? Part of the reason why taxes on gambling is so high is that some states do not allow gambling expenses to be written off as itemized deductions. In that instance,…
Read MoreGambling addicts may have a unique opportunity to remove IRS tax penalties. Income from gambling commonly results in unexpected (and often substantial) tax debt. To make matters worse, compounded penalties can put the payment of the tax debt out of reach for many Taxpayers. But if those penalties were reduced or eliminated, it gives many…
Read MoreThis might help you, or someone you know. No matter whether you are one of our past clients, you still know people with tax problems. They are all around you. Some never got help. Some already had some tax resolution in the past. Tax resolution is supposed to be permanent. But sometimes tax problems come…
Read MoreThe IRS has measures in place to get paid, just like any other business. In order to ensure that businesses appropriately withhold — and pay — their employees’ income, Social Security, and Medicare taxes, there are, of course, penalties. Any business that willfully fails to pay the required payroll taxes is going to be subject…
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