Consider these tips on how to get an offer in compromise approved to instantly improve your chances of the IRS giving you relief from a sizable tax burden.RELATED: The 3 Types Of IRS Offer In Compromise And Their Eligibility RequirementsIn this article:How to Get an Offer in Compromise Approved: Preparations How to Get an Offer in Compromise Approved: During …Continue Reading
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What Is The IRS Employee Misclassification Amnesty Program?
A lot of businesses practice employee misclassification, an illegal action that can lead to huge penalties and heavy sanctions. Here is everything you need to know about this, as well as the amnesty program the government has provided for its practice.RELATED: IRS Offer In Compromise | What Is It And How Can It Help You [Infographic]In this article:What Does …Continue Reading
How To Pay Property Taxes Through An Escrow Account
Wondering if you can finance a home using an escrow account? It's certainly a possibility, and this article shows you how.RELATED: How Does A Real Estate Tax Deduction Work?In this article:What Is An Escrow Account? Why Is There A Need For An Escrow Account? How Does An Escrow Account Work? Why Do Some Homeowners Avoid Paying Escrow? How Do I Avoid …Continue Reading
How To Prove Financial Hardship To The IRS
The IRS acknowledges financial hardship as a legitimate reason for tax relief — as long as a taxpayer can prove it.RELATED: How To Come Up With A Financial Savings Plan A Guide to Proving Financial Hardship to the IRS Step 1. Know How the IRS Defines 'Financial Hardship' The phrase 'financial hardship' means different things to different people. It is usually dependent …Continue Reading
Filing Tax Extension | A Complete Guide [INFOGRAPHIC]
![Feature | tax form 4868 | Filing Tax Extension | A Complete Guide | turbotax extension | how to file a tax extension [INFOGRAPHIC]](https://help.taxreliefcenter.org/wp-content/uploads/2019/03/Feature-Image-Tax-Relief-Center-How-To-File-A-Tax-Extension-360x200.jpg)
Here are the important things to keep in mind on how to file a tax extension to avoid tax penalties.RELATED: A Step-By-Step Guide To Settling IRS Tax DebtIn this article:When Is the Tax Return Annual Deadline? When Should You File a Tax Extension? What Happens When You Get an Extension? What Is the Purpose of a Tax Extension? How Does TurboTax Work? …Continue Reading
