It’s easy to assume that anything labeled “personal tax” pertains to taxes only you, as an individual, are obligated to pay. But in reality, personal property taxes can include items owned by a business, too. Let us help with our business tax planning strategies.
The IRS is getting ready to revoke or deny passports for taxpayers with seriously delinquent tax debts. Here’s what you need to know.
In April of 2017, the IRS began using third-party collection agencies to assist in collecting overdue taxes from taxpayers. Here’s what you need to know.
If certain factors apply to your situation, you may be eligible for innocent spouse tax relief, which takes the burden of your spouse’s tax mistakes off your shoulders.
Simply avoiding your tax debts and dodging the IRS isn’t the only option if you can’t pay your taxes. Our tax advisers can help guide you toward the right solutions for your individual tax problems.
CNC stands for currently not collectible, meaning you cannot afford to repay your tax debts at the moment because doing so would cause significant economic hardship for your household. When CNC status is granted, the IRS puts your account on hold and will not attempt to collect any taxes or penalties you may owe.
Tax-related identity theft is on the rise. Every year, thousands of Americans find themselves in an uphill battle with the IRS, trying to prove their identity and get the tax refunds they’re rightfully due.
In the midst of covering your day-to-day living expenses, it can be pretty hard to find the free funds to pay your entire tax debt in full. Fortunately, our tax resolution specialists can put a stop to it – the constant collections attempts, the liens… all of it.
Over the years, the team at Five Stone Tax Advisers has saved clients over $60 million in taxes. So far in 2017, the Tax Resolution team has been responsible for over $8 million in tax savings for clients with outstanding tax debt.
If you’re questioning whether or not you should amend a tax return, or you know that you need to but aren’t sure where to start, don’t worry. We’re here to help.
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