Tax Relief Research

What is An IRS Trust Fund Recovery Penalty


Many small business owners may get behind on employment taxes or payroll taxes and think they will be able to cover whatever their balance is in the coming quarter, or by the end of the year. However, before that time comes they get a letter saying that not only is there an additional $10,000.00...

What Are the IRS Statutes of Limitations On Collections


IRS collection statute expiration dates One of the most common questions that clients ask is “Isn’t there some kind of collections statute? I owed this balance way back in 1995, how can the IRS still be trying to collect it from me?”. I have heard many clients and potential clients say they know with certainty...

What To Do With Seriously Delinquent Tax Debt


The IRS has started to employ a new and creative method to force taxpayers to the table. More and more we are seeing the IRS referring cases to the state department and ultimately going after taxpayers’ passports. The State Department generally will not issue a passport to you after receiving certification from the IRS....

What The IRS Will Be Looking for in 2020


Seeing as it is tax season, we here at The W Tax Group thought it would be worthwhile to point out some of the areas that the IRS has indicated they will be focusing on for the current filing season. Every year around tax time the Internal Revenue Service releases memos and press releases...

Small Business Tax Tips – How To Avoid Interest and Penalties


A small business owner often wears many different hats. They might have to wear their boss hat one day, and the employee hat the next. When tax season comes around, it might be their tax hat. They may think of doing their taxes as just another item to quickly cross off their to-do list. However,...