Category: Tax Issues

A Deep Dive Into Form 14653

22 July, 2024 | FBAR Tax Help Tax Issues

Living outside the United States while still a citizen can be challenging, as you still have legal obligations and requirements you must fulfill with the U.S. government. It’s easy to fall behind on tax filings and other legal obligations, and in fact, many people don’t even realize they have these obligations until they have lived abroad for years. Luckily, the IRS understands that errors resulting from non-willful co... CONTINUE READING

IRS Automated Collection System (ACS)

7 April, 2024 | Payment Plans tax collections Tax Help Tax Issues

What to Expect When the IRS's Automated System Tries to Collect Your Back Taxes If you have outstanding tax debts your account is typically sent to the IRS Automated Collection System (ACS). The ACS is a system used to manage the collection of outstanding IRS tax debts from individual taxpayers and businesses. If you have received a notice from IRS ACS and are unsure what to expect, here’s everything you need to know. What is the IRS Automated Collection System?... CONTINUE READING

Mastering Tax Filing: A Comprehensive Guide to Correcting Errors in Your Tax Return

27 January, 2024 | Tax Help Tax Issues

Introduction: Filing taxes annually is an inevitable task that often induces anxiety, compounded by the fear of making errors that can add an extra layer of stress. Despite one's diligent efforts, mistakes can manifest on a tax return, ranging from simple math miscalculations to more intricate issues. Swiftly addressing these errors is paramount to avoid potential repercussions. This article delves into the nuanced impact of tax errors and provides a co... CONTINUE READING

Tax Identity Theft and the IRS IP PIN

11 June, 2023 | Tax Help Tax Issues

Tax ID Theft It has been become very common to hear news about identity theft where confidential information is being stolen and used to steal a person’s money by taking over the identity of that person. Most often the start of that process begins when sensitive data is stolen by a data breach. There are many forms of identity theft. For tax purposes, this occurs when a person or entity obtains your social security... CONTINUE READING

What to Expect If You Receive IRS Notice CP14

3 June, 2023 | Tax Issues Tax Levy Tax Liens Tax Relief

If you don't pay your tax bill, you will eventually receive notice CP14. As of May 2023, the IRS has announced that it is going to be sending out millions of these notices. This is part of the agency's plan to ramp up collection activities after going relatively dormant during the COVID pandemic and its aftermath. The agency also plans to start sending more CP501 notices from its automated collection system. What does this m... CONTINUE READING

What Does IRS Notice CP2000 Mean? What to Do?

1 June, 2023 | Tax Issues Tax Laws Tax Notices

Taxpayer's Guide to IRS Notice CP2000 What to Expect if You Receive a Notice About Underreported Income The IRS sends out Notice CP2000 to taxpayers who have underreported their incomes. This notice makes changes to your tax return, and if you don't respond, you will incur a tax bill. Wondering what to expect? Not sure why you got this notice? Then, keep reading for an overview. To get help now, contact us at The Timothy S. Hart Law Group, P.C., toda... CONTINUE READING

Overcoming NY State Back Taxes: Relief and Consequences

12 March, 2023 | Offer in Compromise Tax Debt Tax Issues Tax Relief

Get Help With New York Tax Problems Relief Options and Consequences of Unpaid Taxes or Unfiled Returns in New York If you get behind on your tax payment or filing obligations in New York, the Department of Taxation and Finance (DTF) may issue tax warrants, garnish your wages, or seize your assets. You will also incur penalties and interest if you don't file or pay your taxes. Being in this situation can be very stressful, but there are many ways to get relief. At The Timot... CONTINUE READING

How to Determine whether You are Resident Alien or Not for Taxes

10 October, 2022 | Tax Issues

The United States is known as an inclusive country. People from all over the world study, work and live in this country. As an international student or foreign worker, you may ask the question, what is my US tax status when I have income. Below I will give you a starting point when you ask this question or struggle with this issue. Resident alien or a Non-resident alien The first step in resolving this tax problem is to understand if you are a resident alien or a no... CONTINUE READING

Know Your Fundamental Rights As the IRS Tax Payers

21 November, 2020 | Tax Issues

Know Your Fundamental Rights As the IRS Taxpayers Obligations are obvious for the IRS taxpayers but at the same, every taxpayer has a set of fundamental rights they must be aware of. A very few taxpayers in the United States know all of their fundamental rights for dealing with tax returns and tax audits with the IRS. While th... CONTINUE READING

A Deep Dive Into Form 14653

Living outside the United States while still a citizen can be challenging, as you still have legal obligations and requirements you must fulfill with the U.S. government. It’s easy to fall behind on tax filings and other legal obligations, and in fact, many people d...