IRS Payment Plans: Smart Tips for Tax Professionals
According to the IRS, nearly 3 in 10 taxpayers either owed taxes or broke even this year (IRS Filing Season Stats). That means many of your clients are walking[...]
Breaking Down NY & CA Tax Levies: A Tax Professional’s Guide to Resolution
State tax levies are legal actions taken by state governments to collect unpaid taxes or debts. Unlike the federal government, some states refer to tax levies as tax liens,[...]
Final IRS Warnings: What Tax Preparers Should Do When Clients Receive CP77 or LT11
As a tax preparer, you know how important it is to stay on top of your clients' IRS notices. When clients reach out with IRS correspondence, one of the[...]
Understanding the CP504 IRS Notice: What It Means for Your Clients and How to Handle It
If your clients have received the dreaded IRS notice labeled CP504: Notice of Intent to Seize (Levy) Your Property or Rights to Property, you can almost guarantee that panic[...]
