How to Obtain Innocent Spouse Relief

How to Obtain Innocent Spouse Relief

In most circumstances, married taxpayers are required to file a joint tax return because of the many advantages for doing so. However, joint filing means both taxpayers are equally liable for the taxes due, along with any interest or penalties that may arise later....
What You Need to Know About Offers in Compromise

What You Need to Know About Offers in Compromise

An offer in compromise (OIC) is an agreement between the IRS and a taxpayer that settles the person’s tax debt for less than the full amount. Generally, OICs are reserved for taxpayers who are unable to pay their full tax liability any other way. If you can pay with...
The Most Common Payroll Tax Problems

The Most Common Payroll Tax Problems

If you’ve encountered problems with tracking and submitting payroll taxes in the past, you already know the penalties can be particularly tough on businesses. As an employer, you’re obligated to pay a number taxes for each of your employees. These taxes are deducted...
How to Request an IRS Verification of Non-Filing Letter

How to Request an IRS Verification of Non-Filing Letter

A Verification of Non-Filing Letter from the IRS provides official proof the government agency has no record of an income tax return (either a 1040, 1040A, or 1040 EZ form) being filed for a given year. While it doesn’t indicate whether you were required to file a tax...