The penalty abatement process is a way to reduce the penalty for tax non-compliance. Requesting penalty abatement can be done in different ways, but it must be done before the IRS has started an audit or criminal investigation. Unfortunately, many taxpayers assessed to have incurred...
It's critical to understand how the IRS has calculated your back taxes and fines, especially if you find yourself struggling with tax problems. As a tax-paying citizen, you have the right to access governmental records, such as your IRS files on back taxes and penalties,...
(image source) Pamela Anderson's popularity soared after being selected as the February 1990 Playmate of the Month for Playboy magazine. She would go on to hold the record of being the person who graced the cover of Playboy the most and maintained a career with...
If the IRS assesses a tax against you, sends you a bill, and you neglect or refuse to pay, federal tax liens will come into play. Tax liens are a powerful tool for tax collectors to make delinquent taxpayers responsible for their liabilities and motivate...
Paying taxes is never fun, but it can be less painful with an installment tax plan. The IRS offers tax payment plans for those who owe less than $100,000 in tax debt. This may seem like a good idea to some people - the installment...
