Some delinquent taxpayers opt to have the ACS collections system take care of all their tax problems. What exactly is the ACS collection system and how can a taxpayer maximize its function? RELATED: IRS Form 9465 [Can’t Pay Your Taxes All At Once? READ THIS] In this article: What Is ACS (Automated Call Services)? Who Usually Gets Assigned to the ACS? Where Can … [Read more...]
Failure To Deposit: IRS 941 Late Payment Penalties
Failure to pay an Employer's Quarterly Federal Tax Return results in a 941 late payment penalty. Here's everything you need to know about it. RELATED: IRS Forms 941 [A Must Read For Employers] Internal Revenue Service In this article: What Is the Employer's Quarterly Federal Tax Return? How Are Employment Taxes Paid? When Does a 941 Late Payment Penalty Take … [Read more...]
Complete Guide To IRS Form 8283
If you’re giving non-cash contributions to charity, you need to let the Internal Revenue Service (IRS) know about it by filling out Form 8283. RELATED: IRS Tax Forms Directory | Comprehensive Tax Forms Guide In this article: What Is IRS Form 8283? When Do You Use Form 8283? Who Files for IRS Form 8283? Determining Fair Market Value (FMV) IRS 8283 Form … [Read more...]
What Is The IRS Fresh Start Program For Businesses?
This IRS Fresh Start program gives a lot of delinquent taxpayers a chance to get back on their feet financially. RELATED: What To Do When You Receive A Notice Of Deficiency From The IRS In this article: What Is the IRS Fresh Start Program? Who Can Apply for Eligibility on the Fresh Start Initiative IRS Program? When Can a Business Apply for the IRS Installment … [Read more...]
How To Get A Tax Deduction Due To Bad Business Debt
The IRS allows taxpayers to minimize their income tax via bad debt deduction. Here's how it works. RELATED: 9 Common Small Business Tax Deductions 4 Steps to Receiving Bad Debt Deduction Bad Debt Definition: Uncollectible account from clients, customers, employers, or other debtors Step 1: Know What the IRS Considers as Bad Debt There are instances when customers or … [Read more...]
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 75
- Next Page »