Tax RefundUnderstanding Why Your Tax Refund Wasn’t Sent After an Offer in Compromise31 Mar at 11:59 am0Latest Facts and News The IRS processed over 145 million individual tax returns in 2023, issuing nearly $326 billion in…
TaxAudit vs Tax Accounting: Understanding the Key Differences2 Jan at 10:39 am0Latest Trends and Facts US federal, state, and foreign governments are escalating their tax collection efforts, with jurisdictions increasingly coordinating…
GuidelienHow to Check Liens on Property: A Comprehensive GuideDecember 26, 20240Latest Facts and News As of 2024, online property lien searches have become increasingly accessible, with many counties offering digital…
IRSTax ReliefInjured Spouse vs Innocent Spouse: Understanding IRS Tax Relief OptionsDecember 20, 2024Latest Facts and News The IRS recently updated Form 8379 for Injured Spouse Allocation in 2024. Changes to innocent spouse…
lienTaxMerchant Processing with a Tax Lien: Options and Solutions for BusinessesDecember 17, 2024Dealing with a tax lien can create significant hurdles for businesses, especially when it comes to merchant processing. A tax…
Nonprofit AuditNonprofit Audit: A Comprehensive Guide and Checklist for Financial TransparencyDecember 10, 2024Latest Facts and News As of 2023, nonprofits receiving $750,000 or more in federal funding are required to undergo a…
TaxTax BenefitsTax Resolution Specialist: Your Expert Guide to Solving IRS ProblemsDecember 2, 2024Latest Facts and News The IRS increased the standard deduction for 2024 by $750 for married couples filing jointly. New…
IRSIRS GarnishWhen Does the IRS Pursue Criminal Charges? A Comprehensive GuideNovember 29, 2024The IRS Criminal Investigation Division’s latest annual report reveals a sharp focus on enforcing tax laws, with over 2,600 investigations…
IRSOffer in CompromiseDoes an IRS Offer in Compromise Take Away Your Tax Refunds?November 28, 2024Latest Facts and News The IRS received 30,163 Offer in Compromise applications in fiscal year 2023 The average acceptance rate…
IRSUnderstanding IRS Refund Number 9001: Causes and SolutionsNovember 20, 20240Latest Facts and News: The IRS processed over 145 million individual tax returns in 2023. Average tax refund for 2023…
IRS Letter 4464CUnderstanding IRS Letter 4464C: Your Guide to Handling a Tax Return ReviewNovember 15, 20240Latest Facts and News The IRS has increased its use of Letter 4464C in recent years to combat tax fraud…
TaxTax Guide 2024IRS Rules on Owner Financing: A Tax Guide 2024October 22, 20240Latest News and Facts The IRS has updated Form 1098 for the 2024 tax year, affecting how mortgage interest is…
Code 766IRSUnderstanding IRS Code 766 on Your Tax TranscriptOctober 20, 2024Latest Facts and News: In 2024, changes in tax laws led to an increase in refundable credits, affecting many taxpayers’…
TaxTax Credit ScamIRS Clean Energy Tax Credit Scam: What Taxpayers Need to KnowOctober 18, 20240Latest Facts and News The IRS issued a warning on July 3, 2024, about a new scam involving clean energy…
IRSTaxTax Refund:Georgia State Tax Refund: Everything You Need to Know in 2024October 8, 2024Latest News and Facts: Governor Brian Kemp announced a new $1 billion tax rebate proposal for 2025. Single filers could…