When individuals and businesses do not have the ability to pay a tax debt, the offer in compromise is the IRS’s mechanism for reaching a settlement. It’s not universally approved and there are a lot of requirements that go into obtaining approval if you submit one, but the process is
While taxes are something you deal with every year, they can still fall to the wayside. Either that, or events beyond your control can cause your tax bill to skyrocket out of your financial hands. Either way, you may need tax relief help from us here at Anthem. First, let’s
If the Internal Revenue Service has assessed a penalty against you for failure to comply with tax rules, you're not alone. In 2012, the IRS assessed a total of $26.8 billion dollars in penalties against 37.9 million taxpayers. Sometimes circumstances prevent you from meeting your obligations to the IRS despite
Have you or anyone you know ever received a phone call from one of these guys? If so, it can be quite scary and hard to trust who is who. Thankfully that is coming to an end. Over the last few years, we’ve warned about a lot of imposter scams.
Taxpayers: Watch Out for Scam Calls IR-2017-74, April 4, 2017 Español WASHINGTON — Starting this month, the Internal Revenue Service will begin sending letters to a relatively small group of taxpayers whose overdue federal tax accounts are being assigned to one of four private-sector collection agencies. The new program,
Anthem Tax Services IR-2017-84, April 17, 2017 WASHINGTON — The Internal Revenue Service has received 103.6 million 2016 individual income tax returns as of April 7 and expects millions more to be filed by the April 18 deadline. Special filing deadline rules apply to members of the military serving