When you receive a CP523 notice from the IRS, it means your installment agreement may soon be terminated. You have a limited time to get…
Archives for May 2019
IRS Expands Underpayment Penalty Relief Once Again
The IRS has expanded the safe harbor for underpayment penalty relief for a second time this tax season. Taxpayers who paid at least 80 percent…
How to Avoid an IRS Installment Plan Default
When your installment plan defaults, the IRS can once again use enforced collection actions to try to collect your tax debt. This can include any…
Why Was Your IRS Installment Agreement Request Rejected?
It’s frustrating when the IRS rejects your installment agreement request, but you may have a chance to salvage the situation. You can sometimes make a…
Signs You May Be a Victim of Tax Identity Theft
Tax identity theft occurs whenever someone uses your personal information to file a tax return or complete any other tax form. If you’re a victim…