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Tag Archives: IRS Problem Help
Audit Rates for S Corporations and Partnership Returns
Having a small business is itself a flag of sorts. Some people use small businesses as a tax dodge, a way to write off expenses, and so the IRS keeps a close eye on small-business owners. Other factors that may … Continue reading
Posted in IRS Tax Audit
Tagged Business IRS Tax Areas to Watch, Business IRS Tax Audit, IRS Problem Help, Irs Tax Audits, Tax Problem Solutions
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What can Trigger a Tax Audit?
A lot of people are curious to know who the IRS audits. Audit activities are likely to increase as the IRS continues to utilize enforcement to provide revenue. At Lefstein-Suchoff CPA and Associates we have years of experience defending taxpayers … Continue reading
Posted in IRS Tax Audit
Tagged IRS Problem Help, IRS Tax Audit Areas, Irs Tax Audits, Tax Audit, Tax Audit Areas
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Compromise of Tax and Penalty
Lefstein-Suchoff CPA & Associates, LLC has a proven track record of getting our Client’s Offers in Compromise accepted and thereby saving our clients thousands of dollars. If, on the other hand, we believe that filing an Offer in Compromise will … Continue reading
Posted in Offer In Compromise
Tagged Back Taxes, IRS Problem Help, IRS Tax Problems, Tax Penalty Reduction, Tax Problem Solutions
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How to Designate Power of Attorney with the IRS
You have the right to represent yourself or have someone represent you before the IRS in connection with a federal tax matter. At Lefstein-Suchoff CPA and Associates we represent many clients who face IRS problems. Please read below for … Continue reading
Posted in IRS Compliance
Tagged File Tax Return, IRS Problem Help, IRS Relief, IRS Tax Problems, Tax Problem Solutions
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IRS Examination of Return
Have you been selected for an IRS Examination or Audit? Our blog can provide you with some information that may help in the process. The IRS examines a taxpayer’s books and records either at the place of business, or where … Continue reading
Posted in IRS Tax Audit
Tagged File Returns, IRS Problem Help, IRS Relief, Tax Audit, Tax Audit Areas, Tax Problem Solutions
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IRS Announces Second Quarter Interest Rates
Interest rates charged by the IRS on underpaid taxes and paid by the IRS on tax over-payments will remain the same for the second quarter of 2013 (April 1 through June 30). Therefore, for the first six … Continue reading
Posted in IRS Notice
Tagged Business IRS Tax Areas to Watch, Business Tax Relief, File Returns, File Tax Return, IRS Problem Help
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Federal Tax Lien: What is It?
A lien is a legal claim against all your current and future property. When you don’t pay your first bill for taxes due, a lien is created by law and attaches to your property. It applies to property … Continue reading
Posted in IRS Collections
Tagged Federal Tax Relief and Hurricane Sandy, IRS Problem Help, IRS Tax Problems, Tax Problem Solutions
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If You Don’t Pay on Time: Understanding Collection Actions
There are several words and phrases particular to the collection process. Here, we’ve defined some of the most commonly used collection terms: Federal tax lien: A legal claim against all your current and future property, such as a house … Continue reading
Posted in IRS Collections
Tagged Back Taxes, IRS Problem Help, IRS Tax Problems, Tax Problem Solutions
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Offer In Compromise: Review
The OIC program allows qualifying taxpayers to settle their tax liability in full for an amount less the full liability owed. Recently, the IRS has changed some of its computational rules, which may make the program more accessible and attractive. … Continue reading
Posted in Offer In Compromise
Tagged IRS Problem Help, IRS Relief, IRS Tax Problems, Tax Problem Solutions
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Under Barack Obama, Audits of Small and Medium-Sized Businesses Have Skyrocketed
The Internal Revenue Service (IRS) recoups $702 in taxes for every hour it spends auditing small businesses, versus $9,173 an hour for auditing large corporations. But under Barack Obama, audits of small and medium-sized businesses have skyrocketed. According to IRS … Continue reading
Posted in IRS Tax Audit
Tagged Business IRS Tax Areas to Watch, Business IRS Tax Audit, Business Tax Relief, IRS Problem Help, Tax Audit, Tax Audit Areas to Watch through 2013
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