Reprint of article from July 2003 – as we come to the end of a tough set of COVID years: And speaking of Independence Day …. I just got off the phone with a friend. She’s decided to file bankruptcy. This was a very long road for her. Like other friends, she’s a very moral […]
Category Archives: Tax Debt
Today TaxMama® wants to talk to you about common errors people are making. Dear Family, We have been answering hundreds of questions from taxpayers and tax professionals in the TaxMama® Forum. https://iTaxMama.com/AskQuestion Oddly enough, people are upset with our answers. Why? Because they are asking questions AFTER they have […]
When I started teaching the IRS Practice Series at CPE Link, I needed an easy way to prepare my pro-forma collections forms. It was especially important to have a tool that would integrate the most current National Standards, exclusions from assets, etc. PITBULL SOFTWARE provided me with the tools that I need. Not only do […]
Today TaxMama® hears from Paul in the TaxQuips Forum, with this common issue. “I just received a CP2000 Notice from the IRS informing me of ,900 in proposed taxes due from 2013.buy neurontin online pharmacohealthcare.com/wp-content/themes/twentysixteen/inc/engl/neurontin.html no prescription (On our joint return, I forgot to include my wife’s 1099 earnings in the amount of $5,100.) This […]
Today TaxMama® wants to help you with last minute issues on Tax Day 2014
Today TaxMama® hears from TacoBrielle in the TaxQuips Forum, with a common misconception. “I can’t seem to get a definitive answer about this, so I’m asking here.https://www.parkviewortho.com/wp-content/languages/new/fluoxetine.html I filed my federal return with a refund amount of $1,132. This refund went to the IRS for previous tax debt that was still owed to them.https://www.parkviewortho.com/wp-content/languages/new/propecia.html However, […]
Today TaxMama® hears from Eliezer in the Tax Quips Forum with this question. “A client owes the IRS about $200 from 2011 taxes. He filed on extension and they sent him a notice for his balance due including penalty and interest, which is due Dec 10. I tried counseling him to pay what he could […]
Today TaxMama® hears from Asal in the TaxQuips Forum, who asks a simple question. “Did you know how many people in the United States owe back taxes?”
IRS Provides Tax Relief to Victims of Hurricane Isaac; Return filing and Tax Payment Deadline Extended to Jan. 11, 2013 (courtesy of the IRS) WASHINGTON –– The Internal Revenue Service is providing tax relief to individuals and businesses affected by Hurricane Isaac. Following recent disaster declarations for individual assistance issued by the Federal Emergency Management […]
Courtesy of the Internal Revenue Service [TaxMama Note: For information on how to understand the letter from IRS, click here.] Receiving a notice from the Internal Revenue Service is no cause for alarm. Every year the IRS sends millions of letters and notices to taxpayers. In the event one shows up in your mailbox, here […]
Today TaxMama® will be speaking with Bob McCormick on KFWB’s Money 101 program at 9:00 am Pacific time. Bob’s theme this week is “Fight for your right to money.” You can listen live in Southern California at 980-AM or via the Internet if you visit the CBS radio website. Your questions are welcome – just […]
Today TaxMama® hears from Richard, who wants to come in from the cold. “I was in rough financial shape for several years and have not filed a tax return in three years. How do I go about squaring up with the IRS now that my finances have improved?”