Tax Matters - The Top Tax Defenders Blog

The IRS uses a variety of collection activities to collect what taxpayers owe to the government. Among these tactics, a federal tax lien can be among the most difficult with which to cope. 

You realize you have to file and pay your taxes by the April deadline each year. Despite being aware of this obligation, you might fall short of fulfilling it. In turn, you could compromise critical aspects of your job including your ability to keep or maintain your security clearance. 

When April 15 has come and gone, you might believe that you have missed your chance to file your income tax return. You also may wonder what kind of punishments or penalties the IRS has in store for you for missing the tax filing deadline. 

Dealing with financial difficulties especially tax issues can be overwhelming and frustrating. Rather than face the situation alone, you may want to hire someone like a tax resolution specialist to assist you. You can hire a competent IRS tax attorney by knowing what this type of lawyer does and how you can find the best one to represent you. 

When you own and operate your own business, you are expected to be in control of every last detail. This includes filing and paying your business's taxes on time without fail. 

Owing back payroll taxes puts you and your business in jeopardy from the IRS. Rather than avoid paying what you owe, you can deal with this obligation effectively and in a timely manner by using any of the 12 ways to resolve unfiled payroll taxes. 

Millions of people each year struggle to pay what they owe to the IRS. Estimates say that at least one person out of six in the U.S. either owe the IRS money or are facing other tax crises like failing to file tax returns. When you count yourself as one of these statistics, you can deal with your IRS tax issues and enjoy the numerous benefits that come with hiring a tax professional to help you.

While the IRS expects you to pay what you owe the federal government each year, it understands you may not have the means to do so. Rather than default on your tax obligation, you could settle your account reasonably by making an Offer in Compromise. You can ensure that the IRS accepts your proposal by avoiding these six common OIC mistakes.

It is a common misconception among American taxpayers that the offices within federal government works at a snail's pace. In fact, the IRS has recently taken the lead in timeliness and efficiency with its new virtual appeal. 

When you have a complicated tax return to file or need professional guidance handling a complex tax issue, you may debate whether to contact a tax attorney or a certified public accountant. Your best choice may depend on the type of issue you have with your taxes and what kind of resolution you hope to achieve. You can decide which professional can offer you the best tax assistance by learning about the differences between a tax attorney and a CPA.