7 MAJOR TAX LAW CHANGES THAT WILL AFFECT MOST TAXPAYERS

by Bill Houston | Jan 21, 2019 | General Tax Info

WE REVIEWED THE NEW TAX LAW AND THINK WE HAVE LISTED THE CHANGES HERE THAT AFFECT MOST PEOPLE.  THIS IS NOT A COMPLETE LIST, JUST THE ITEMS THAT I THINK MOST PEOPLE WILL SEE.  OUR RATINGS REFER TO THE EFFECT ON TAX LIABILITY.  IF CHANGE COULD RAISE TAXES, IT IS POOR...

SMALL BUSINESS STARTUPS AND STARTUP EXPENSES

by Bill Houston | Jan 16, 2019 | Business Deductions

Starting up a business is exciting, but can be a confusing task.  There can be a number of traps that can result in extreme frustration down the road and could cost you money.  We help dozens of people setup a business or change their entity each year at very...

IRS CP504 Letter-Notice of Intent to Levy- What do you do?

by Bill Houston | Jan 3, 2019 | IRS Debt Resolution

The CP 504 letter is one of many form letters the IRS sends to taxpayers for common tax debt situations.  If you have received a CP 504 notice  (the notice number is shown in top right-hand corner along with tax year the notice refers to and the date the letter was...

HOW TO TELL IF YOU ARE PAYING TOO MUCH FOR IRS TAX PROBLEM HELP

by Bill Houston | Aug 19, 2018 | IRS Debt Resolution

So, you are getting IRS letters and have decided to get some help.  You want to make sure that you actually owe the debt and you don’t make a mistake in dealing with the IRS that makes the problem worse.  Tax problem firms often ask for thousands of dollars up...

LARGE RETAINER FEES FOR HELP WITH IRS PROBLEMS CAN JUST MAKE THINGS WORSE

by Bill Houston | Jul 2, 2018 | IRS Debt Resolution

Last week we discussed how one taxpayer ended up paying a retainer fee that was almost as large as the tax she owed and her case has not yet been settled.  She will likely end up making payments to the IRS and also making payments to the firm that said they would help...