In Memory: Stanley H. Block (1932-2025). His legacy and guidance will continue through our service to clients.
Owing back taxes can cause plenty of setbacks and headaches. It can even stop you from obtaining, renewing, or keeping your U.S. passport. If you owe over a certain amount in seriously delinquent federal tax debt, the IRS may notify the State Department of your account. This can lead to passport denial, suspension, or full […]
Life can get hectic, and it seems like when bad things happen, several happen at once. Maybe you were going through a rough patch and forgot to file your tax return. Nothing bad happened when you didn’t file, so the next year you didn’t worry about filing taxes. And the next year. And the next. […]
Getting mail from the IRS can be a headache for even the most stalwart of taxpayers. However, a CP2000 notice is a fairly common, auto-generated letter that is typically not too troublesome to resolve. Basically, when the system finds a mismatch between your reported income and the income listed on your tax return, it generates […]
In 2011, the IRS launched a new program call the IRS Fresh Start Program. That was really a collection of changes to the tax code to make it easier for people to get relief from tax debt and penalties. Since then, the IRS has added occasional updates to allow for easier tax debt relief. Believe […]
There are different forms of tax abatement that might ease the burden on a taxpayer, but they have one thing in common: the reduction or elimination of taxes. This makes sense because the legal definition of abatement is a reduction, suspension, or cessation of a charge.
Many taxpayers believe that if they are on Social Security (SS), it is not taxable. This can lead to a nasty surprise when they file taxes, since they were not expecting a tax bill. The Social Security Administration estimates that 56% of beneficiary families owe federal taxes on their SS benefits. Is your family one […]
Most people expect their only interaction with the IRS to be when they file their annual tax return. And when you receive a written notice from them, it usually isn’t good news. This gives the agency a reputation for being punishing and unforgiving. However, the IRS can be more lenient than you think and resolving […]
If you have fallen behind on your federal taxes, your debt can snowball and quickly become unmanageable. Between IRS penalties and interest, your tax debt will start to grow faster than you can find the funds to pay it off. In order to secure this debt, the IRS may file a Notice of Federal Tax […]
The only thing more complicated than filing your taxes is figuring out how to deal with the IRS charging you a tax penalty for an honest mistake. It is very stressful when you’ve filed your taxes in good faith, but the IRS claims you did not properly file or pay. Fortunately, the IRS offers multiple […]
When it comes to filing taxes, the distinction between earned and unearned income might seem like a minor one. However, the IRS doesn’t think so, and if you mix up earned and unearned income on your tax returns or forget income sources of either type, you could end up with a lot of tax problems […]
