Top 5 Ways To Reduce An IRS Tax Liability

How to Reduce Your IRS Tax Liability | OIC |

So, something in life or business didn’t go according to plan, and now you’re faced with an IRS tax liability. While few people relish being a collection target of America’s most formidable creditor, there may be a silver lining. You may have options which could significantly reduce the amount that […]

Innocent Spouse Relief Can Relieve Your Spouse of a Joint IRS Liability

Innocent Spouse Relief | Separation of Liability Relief | Equitable Relief

If the IRS is pursuing collection action against you for an income tax liability for which you believe you are not responsible because the liability was derived from a spouse (or former spouse), you may be correct and have legal grounds to dispute the liability. The IRS has a specific […]

It’s Almost April 15th, and I Can’t Pay My 1040 Tax. What Do I Do?

1040 | Penalty Abatement | Failure to Pay Penalty | TaxFortress

April 15th is right around the corner, and if you expect to owe 1040 income tax, but don’t have the resources with which to pay it, you are in the same boat as many Americans.  First of all, don’t panic.  Federal officers are not going to show up at your […]