Category Archives: Tax Debt

IRS Announces New Effort to Help Struggling Taxpayers Get a Fresh Start

WASHINGTON — In its latest effort to help struggling taxpayers, the Internal Revenue Service today announced a series of new steps to help people get a fresh start with their tax liabilities. The goal is to help individuals and small businesses meet their tax obligations, without adding unnecessary burden to taxpayers. Specifically, the IRS is […]

IRS Announces New Effort to Help Struggling Taxpayers Get a Fresh Start

WASHINGTON — In its latest effort to help struggling taxpayers, the Internal Revenue Service today announced a series of new steps to help people get a fresh start with their tax liabilities. The goal is to help individuals and small businesses meet their tax obligations, without adding unnecessary burden to taxpayers. Specifically, the IRS is […]

FTC Enforcement Deferred for Tax Debt Relief Services

[TaxMama Note: This change is the result of efforts by folks at the National Policy Group and the legislative team at  NAEA. With the support of members, these teams explained to the FTC how tax professionals are regulated by the IRS. Removing  tax debt firms from their ruling would still leave FTC with the power to deal […]

Getting Free Tax Help

Today TaxMama wants to talk to you about ways to get help when you are in tax trouble, as a result f a desperate plea from a fellow named Jon.

Not Ready to File

Today TaxMama  wants to give you a nudge to file that tax return – even if you owe money!

New Federal Regulation Affects Tax Resolution, Tax Negotiation and Tax

Complimentary Webinar Who should attend: All tax professionals who prepare amended return, work with tax audits, or audit reconsiderations, tax debt reduction or re-negotiation. Why: There are HUGE penalties in this law for those involved in tax debt reduction who collect fees from clients in advance – as in, retainers. You must learn the new […]

IRS to Hold Special Open House for Veterans and Persons with Disabilities

Offices in All 50 States Will be Open Saturday, Sept. 25 to Provide Tax Assistance  IR-2010-97, Sept. 14, 2010  WASHINGTON — The Internal Revenue Service will host a special nationwide open house on Saturday, Sept. 25 to help taxpayers –– especially veterans and people with disabilities –– solve tax problems and respond to IRS notices. […]

Nine Tips for Taxpayers Who Owe Money to the IRS

Did you end up owing taxes this year? The vast majority of Americans get a tax refund from the IRS each spring, but those who receive a bill may not know that the IRS has a number of ways for people to pay. Here are nine tips for taxpayers who owe money to the IRS. […]

IRS Interest Rates

Today TaxMama wants to talk to you about a two IRS interest rates that are important for you to understand.

Dealing with Addicts

Today TaxMama hears from someone who will remain anonymous. She was shocked to learn that her man has been secretly abusing drugs for several years. When asked where he got the money? She admitted that he had gained access to an ATM card on an account she wasn’t watching and had depleted that account.

Back Taxes

Today TaxMama hears from Ericka in the TaxQuips Forum. She tells us, “I owe $39,000 in back taxes. I  have to file 2 years’ returns  to  be  in  compliance  with  the  IRS, then I  can  try  for  an  offer  in  compromise.  My  question  is,  would  filing  chapter  13  be  better?  I  don`t  have  any  dependants;  and  […]