If the IRS audits you and says you owe more tax, they will often impose an accuracy-related penalty on top of the tax. This penalty is not small - at 20 percent of the additional tax owed. For a $10,000 audit assessment, that’s an additional $2,000 you have to send to Uncle Sam. In this...
By now you know you can't run from your back taxes and you can't hide from your back taxes, but you do not have to work with a "tax resolution firm." From our experience, most tax resolution companies are large call centers, are not local companies, charge an initial fee of $3,000-6,000 and then drag...Continue reading