A Tax Compromise Agreement (TCA) is a legal document between the IRS and a taxpayer that settles a taxpayer’s tax liability for a smaller amount than the full amount owed. The TCA works best for people who have sufficient funds to pay the full amount but are unable to do so. The TCA is a […]
The IRS has created a compilation of tips on how to avoid tax fraud. One of the most important tips is to avoid providing social security numbers to anyone. If you receive tax information electronically, make sure that the source is legitimate. Ensure that the email recipient is trustworthy by calling them or making a […]
If you’re facing a tax debt problem, you need to find out how to handle tax debts. One of the most important steps to help you avoid tax problems is to make sure you pay your state tax liability on time. When you pay your state tax liability, the state government sends notice to the […]