IRS Notice of Intent to Lien – Business

Prior to the IRS being able to file a lien against your business they must send you a “Notice of Federal Tax Lien Filing.” This notice will usually provide the amount the tax lien will be and your rights to… read full article

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Home Health Care Agency Still Able to Help Others

A small home healthcare agency in Illinois is able to continue helping patients in need of home healthcare thanks to the experience, hard work, and dedication of the 20/20 Tax Resolution team.  As with many small businesses, the owner of… read full article

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Final Notice, Notice of Intent to Levy

For some taxpayers the regular notices the IRS sends out about a balance due serve merely as a reminder or even nuisance about an unpaid tax. And there are other taxpayers that interpret even the tamest IRS collection notice as… read full article

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Third Time is a Charm for Struggling Business – Harrison, NJ

One very lucky small business in Harrison, New Jersey is still in business after struggling for years with an overwhelming tax debt, thanks to the hard work and dedication of the 20/20 Tax Resolution team. For years this New Jersey… read full article

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How do I split my IRS refund?

In April 2014, the Internal Revenue Service issued over 57 million taxpayers a refund via direct deposit at an average of $2,980 per check. Getting money back from the IRS is easier and faster than ever if you provide your… read full article

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Can I Receive a Tax Refund?

You may be wondering whether or not you can receive a tax refund if you are currently making payments under an Installment Agreement or Payment Plan for a prior year’s federal taxes. The short answer is simply, no. All taxpayers… read full article

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How Do Tax Penalties Work?

“A penalty is a cowardly way to score.” –Pele Cowardly or not, the Internal Revenue Service and state Taxing Authorities assess penalties against taxpayers who do not meet their tax obligations. Penalties are very costly, and are meant to be… read full article

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Successful Offer – Pennies on the Dollar? – Colorado Springs, CO

While working to resolve her own tax debt issues, one Colorado Springs tax payer discovered the truth about many tax resolutions firm’s claims that they can settle any tax debt for “pennies on the dollar.” While such promises sound great,… read full article

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Michigan Legislation Creates New OIC Program

If you owe taxes in the State of Michigan, you may be interested in a new Offer in Compromise program that enacted legislation on June 21, 2014.  While the program is not mandated to begin until January 1, 2015, it… read full article

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You Have Unpaid Sales Tax. Now What?

If you are a business required to collect sales tax on goods or services from your customers, you are also then required to report and pay sales tax to the department of revenue or state comptroller’s office in your state…. read full article

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