Suing the IRS

Suing the IRS

Can you sue the IRS? Anyone can sue. The real consideration is which circumstances warrant such action. In many cases, the money and effort put into suing the IRS can end up being greater than the cost of paying the tax bill. If you feel strongly that the IRS has...
Federal Income Tax Liability Discounts

Federal Income Tax Liability Discounts

Having an IRS tax debt can be overwhelming. You keep receiving what seems like a never-ending stream of letters and notices, all while penalties and interest are accruing. But there are processes to resolve that debt, and in some instances even get a discount on your...
Filing Back Taxes This Tax Season

Filing Back Taxes This Tax Season

Filing Back Taxes This Tax Season  If you suddenly realized you made a mistake on your last tax return and owe more money to the IRS, don’t panic. The tax agency has procedures in place for this issue, as does the state of Georgia. Depending on the mistake, it can be...
Can I Make Installment Payments on My Tax Debt?

Can I Make Installment Payments on My Tax Debt?

Can I Make Installment Payments on My Tax Debt?  If you owe the IRS money and cannot pay the entire amount at once, you might consider applying for an installment payment plan. While these agreements provide you with relief from having to immediately pay the IRS, they...
What are Soft Letters from the IRS?

What are Soft Letters from the IRS?

If you have received a letter via regular mail from the Internal Revenue Service (IRS) asking about a tax position you took on a recent return or requesting additional information, it was likely a soft letter. These letters are one of several pre-audit tools that the...
IRS 2021 Tax Rates

IRS 2021 Tax Rates

A new year brings new tax rate schedules and other updates from the Internal Revenue Service (IRS), including a new standard deduction, an increased Alternative Minimum Tax exemption, and changes to the capital gains tax thresholds. Each year, the IRS makes inflation...