Tax Relief News

IRS Notice CP504
Ace Plus Tax Resolution: Your Expert Guide to IRS Notice CP504 Since January 2024, the IRS has resumed sending collection notices to taxpayers with unpaidtaxes.

IRS Notice 503
Navigating IRS Notice 503: How Ace Plus Tax Resolution Can Help When you receive an IRS notice, it can be a source of significant stress

IRS Notice CP501
Understanding IRS Notice CP501: A Reminder of Your Tax Balance As a tax professional, I often encounter clients concerned about receiving IRS Notice CP501. This

Navigating the IRS CP14 Notice: What You Need to Know
As a tax professional, I often encounter clients who have received a CP14 notice from the Internal Revenue Service (IRS). This crucial document marks the

Have you received an Intent to Levy Notice from the IRS?
For years, the overwhelmed IRS didn’t have enough power to properly enforce tax laws and collect unpaid taxes due to the COVID-19 pandemic. In late

IRS Collections in 2024: What to Expect if You Have Tax Debt or Unfiled Returns
IRS Increasing Audits, Collections, and Tax Levies in 2024 For the last few years, the IRS has not been operating in full force. To help
The Truck Owner-Operator’s Tax Help
Q) I am a Truck Owner-Operator. I would like an advice on deductions on tax returns and how to deal with my IRS tax debt

IRS Provides Penalty Relief for Millions & Ends Pandemic Pause on Collections
The IRS recently announced welcome news for many taxpayers in the form of expanded penalty relief as well as an end to the pause on
2022 Tax Filing and Payment Relief for California Taxpayers – Get The Facts Now
The IRS has once again extended the tax filing and payment deadlines in most parts of California due to destruction caused by landslides, mudslides, and
California Middle-Class Tax Refund is not taxable on 2022 tax returns
The IRS has determined that it will not challenge the taxability of payments related to the general welfare and disaster relief. Thus, taxpayers in many
CP14 or other IRS collection notices: What if I can’t pay?
Contrary to what taxpayers like to hear when the IRS is mentioned, notices in their millions have been rolled-out due to underpayment. If you’re one
Crypto Tax Cheats and What to do if You can’t pay tax
You’ve probably seen thousands of crypto investors on social media sites showing off their new cars, or holidays they’ve been on while reporting low income