irs tax relief

Find W-2 Forms for Bigger State Refunds

By J Anton Collins / February 16, 2024

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…

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Top 3 Problems of Business Owners (and How to Cure Them)

By J Anton Collins / January 10, 2024

How 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…

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Tax Law Offices Receives BBB Complaint Free Award!

By J Anton Collins / February 28, 2023

Tax 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…

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Will Student Loan Forgiveness Affect Your Taxes?

By J Anton Collins / September 6, 2022

Will 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…

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Paying Taxes on Tips, Tax Law Offices, Tax Lawyer, (Naperville, IL)

Tip Income and Taxes – How to Get it Right

By J Anton Collins / June 1, 2022

Tip 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…

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IRS Forgives Innocent Spouse of $62,000

By J Anton Collins / December 2, 2021

IRS 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…

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How Gamblers Make an Offer in Compromise, Tax Lawyer, Tax Law Offices (Napierville, IL)

How Gamblers Make an Offer in Compromise for Illinois State Taxes

By J Anton Collins / October 11, 2021

What 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,…

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Gambling Addiction for Reasonable Cause to Remove IRS Penalties, IRS Tax Lawyer, Tax Law Offices (Napierville, IL)

Gambling Addiction for Reasonable Cause to Remove IRS Penalties

By J Anton Collins / September 27, 2021

Gambling 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…

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An image of a woman at a desk looking confused.

Top 3 Reasons Why Tax Problems Can Repeat

By madwire / February 5, 2021

This 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…

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Tax Resolution for Business: Satisfying the IRS Trust Fund Penalty

By madwire / May 15, 2019

The 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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