Penalty Abatement and Obamacare –Do You Pay the Penalty if You do Not have Health Insurance?

Obamacare will not be repealed outright. The public will not politically stand for it. President Trump may end the insurance requirement through Executive Order which will, however, render the law…

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Alter Ego and the Business Person Who Owes Taxes

Many taxpayers or business people incorporate or set up an LLC to provide limited liability for their personal assets from their business activities. When a taxpayer owes back taxes, he…

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Increased IRS Installment Fees

The IRS has dramatically increased the fees on installment agreements. Effective January 1st, 2017, the fees for regular installment agreements have gone from $107 tp $225 and the fees for…

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Offer In Compromise Eliminating Tax Debt

Private Debt Collections Are Back By The IRS

The Internal Revenue Service announced that it is beginning in the spring with private collection of federal tax debts. The new program enables designated contractors to collect on the government’s…

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Save money with First Time Penalty Abatement

IRS Streamlined Installment Agreements Expanded!

The IRS has just issued new rules expanding the streamlined installment agreement. A new program was announced that will run through September 30, 2017. Under the test program, the IRS…

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California Back Taxes Help

S Corporations & the NonFiler

A very common situation for a non-filer is an S corporation that has not filed in a number of years. To activate the corporation and put it in good standing…

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Justice, Taxes, Tax Court, Department of Justice

Trust Fund Recover Penalty

A trust fund recovery penalty is assessed against a person who is responsible for failing to pay payroll taxes. The trust fund recovery penalty is the portion of the employee’s…

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Justice, Taxes, Tax Court, Department of Justice

How To Settle Your Taxes

When it comes to tax collection, the IRS isn’t the only government agency that you need to worry about. The Department of Justice can be involved in getting court judgments…

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Addiction recover, taxes and addiction,

Can IRS Penalties Be Abated Because of Addiction?

When a taxpayer files a tax return late or has an unpaid liability, the IRS will assess substantial penalties along with interest on the penalties. If there is “reasonable cause”,…

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Owe back taxes to the IRS? Say GOODBYE to your Passport!

Passed in Congress and signed into law on December 4, 2015 was the Fixing America’s Surface Transportion Act. The language  in this law prevents you from traveling outside of the…

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