Let Morgan Sebastian Law Help Solve Your Tax Problem
The IRS' Offer in Compromise is a tax settlement agreement offered by the IRS. If you cannot pay your tax bill, you can apply to pay a specified, lower sum that the IRS agrees to. If you feel like you are drowning in tax debt, this is a way that you can get back on...
You do not have to agree with every decision that the IRS makes. The IRS can make mistakes; many people who file appeals against the IRS win their cases. If you want to file an appeal, it helps to know what to expect. What to do during the appeals process The appeals...
In the U.S., the tax system relies heavily on the idea that the government can tax all of your income. If a person attempts to hide income or commits fraud, it can result in a criminal investigation. While the IRS Criminal Investigation aims to maintain the integrity...
Your home is probably one of the more valuable assets you own. Indeed, according to Ramsey Services, the average sales price of a house in the Golden State is upwards of $600,000, which is more than $280,000 more than the national average. Owning a home gives you...
There are various issues that could cause difficulties for you in making your federal income tax payments. The Internal Revenue Service (IRS) can help resolve the debt through an Offer in Compromise, but can you qualify for this agreement? What it is An Offer in...
The process of auditing can be costly for the IRS. As a government agency, it relies on funding from the federal government to operate. When funding for the agency is low, it often leads the IRS to avoid auditing people making the most money. These higher earners pose...
If you owe back taxes, you likely have considerable stress regarding this issue. Whether you recently received a letter from the IRS or you have dealt with unpaid taxes for years, it is pivotal to explore all of your options and address this debt properly. If you...
Owing back taxes can feel like a crushing burden when your financial situation does not allow you to make any tax payments without cutting into your food or shelter budget. The IRS is aware that some people lack the money to pay their outstanding taxes and may defer...
There is an old saying that death and taxes are the only certainties in life. It may surprise you to know that tax obligations do not end automatically with a person's death. After a person dies, you or someone representing the decedent needs to file a tax return on...
The Internal Revenue Service is a powerful agency. The law gives it broad latitude to collect what you owe to the government, such as garnishing your wages or putting a lien against your home. Nevertheless, for all the power that the IRS has, you still have certain...
