by Anthony Surace | Oct 2, 2023 | Tax Debt Relief
Receiving a letter from the Internal Revenue Service (IRS) can often startle many people, even if they faithfully fulfill their tax obligations. One such letter that can cause concern is the Final Notice of Intent to Levy and Your Right to a Hearing, also recognized...
by Anthony Surace | Oct 1, 2023 | Tax Debt Relief
Receiving a notice from the IRS can and often does incite an immediate feeling of worry, even if the notice is as seemingly benign as the IRS Notice CP12. This notice may indicate that you’ve overpaid taxes and you’re entitled to a larger refund. It may...
by Anthony Surace | Sep 30, 2023 | Tax Debt Relief
Let’s talk about an important matter that quite a few taxpayers face – IRS Notice 504. The Internal Revenue Service (IRS) has a number of notices and letters they may send to individual taxpayers and businesses. These communications can range from a simple...
by Anthony Surace | Sep 29, 2023 | Tax Debt Relief
Taxes are an integral part of our financial lives. Despite their constant presence, many individuals do not understand the importance of filing their tax returns promptly and properly. The IRS Notice 501 provides crucial clarification and information on this topic....
by Anthony Surace | Sep 28, 2023 | Tax Debt Relief
Receiving a CP2000 notice from the Internal Revenue Service (IRS) can be intimidating, particularly if it’s your first time. This notice indicates that the IRS has found discrepancies between your reported income and your tax return. Before panicking, it’s...
by Anthony Surace | Sep 27, 2023 | Tax Debt Relief
Understanding the workings of the Internal Revenue Service (IRS) can be challenging, especially when you receive a tax notice. It’s essential not to panic. Most IRS tax notices are simple to resolve, but you need to understand the reasons behind them....
by Anthony Surace | Sep 26, 2023 | Tax Debt Relief
The Employer Shared Responsibility Provision (ESRP) and the Letter 226J are critical components of the Affordable Care Act (ACA) that employers must understand. Both have significant implications for businesses, potentially leading to severe penalties for...
by Anthony Surace | Sep 25, 2023 | Tax Debt Relief
Form 668D, or CP78, is issued by the IRS when certain monetary obligations have been completely cleared. It provides vital documentation, indeed confirmation, that you have discharged the liabilities and are no longer responsible for relevant debts. However, some...
by Anthony Surace | Sep 24, 2023 | Tax Debt Relief
The Internal Revenue Service (IRS) communicates with taxpayers through various notices. One such notice is the CP504B, a threatening piece of mail that can leave recipients in distress. This article aims to demystify this notice which informs the IRS’s intent to...
by Anthony Surace | Sep 23, 2023 | Tax Debt Relief
Tax season comes with its fair share of perks and tribulations. Some aspects, like tax deductions and refunds, are eagerly anticipated, while others, like potential penalties, arouse unease. One particularly notable area of concern is the Estimated Tax Penalties...