5 Ways to Settle Tax Debt with the IRS for Less

5 Ways to Settle Tax Debt with the IRS for Less

We hesitate to compare the Internal Revenue Service with a medieval torture team. From where we sit, they are a nice bunch of people collecting money owed so we can run the country. That said, the federal government did give them a few ‘legal screws’ they can tighten...
IRS Statute of Limitation on Debt Collection

IRS Statute of Limitation on Debt Collection

One thing you can stop worrying about is whether the IRS will chase you forever like Tom Hanks did Leo DiCaprio in “Catch me if you can”. Fortunately, there is such a thing as IRS statute of Limitation. How Long Can the IRS Haunt Me down to Pay? Lucky for many, Uncle...
What to Expect When the IRS Audits Your Business

What to Expect When the IRS Audits Your Business

When you receive a notice from the IRS that your business financial records are due for an audit, it can be a little daunting. It needn’t be, especially, if you have taken every step to be prepared for the audit, and if you know what to expect during the audit. As...
IRS Audit: Should You Be Concerned?

IRS Audit: Should You Be Concerned?

Did you receive notification of an IRS audit? Whatever you think, don’t ignore it and don’t panic! While this may not be a “fun” time in your life, it doesn’t necessarily have to be torture. We’ve put together some information and tips to help you get through this...