by timh | Dec 18, 2020 | Tax Issues
No taxpayer wants to get into the IRS tax debts. Still, every year thousands of taxpayers get into it due to different reasons. And once they get into it, their tax debts keep increasing day-by-day with the addition of penalties and interests. At some point, if the...
by timh | Dec 11, 2020 | Articles, Offer in Compromise
Offer in Compromise is a tax debt settlement provision for the IRS tax debtors. It allows tax debtors to settle their tax debts for less than the full amount they owe. In simple terms, it is a tax relaxation scheme for the IRS tax debtors that allows them to get...
by timh | Nov 28, 2020 | Tax Audits
For most IRS taxpayers, April 15, 2021, is the annual deadline for filing their federal income tax returns and other due taxes for the preceding financial year. It is very important for every taxpayer of the United States of America to file their tax returns before or...
by timh | Nov 11, 2020 | Articles
FBAR stands for Foreign Bank Account Report or Report of Foreign Bank and Financial Accounts. As the name suggests, it refers to reporting certain foreign bank accounts to the Treasury Department of the United States of America. In extended terms, under the Bank...
by timh | Oct 23, 2020 | Articles
In sales, every day is like a new opportunity where you contact leads, make your deals, and give closure to your sales target. But have you ever considered sales tax important? Have you paid your sales tax on time? Have you paid the correct amount or shared...
