Tax Abatement Archives - FREE Yourself from IRS Problems

Shamsey Oloko January 20, 2025 Appeals, Audit, Civil Penalties, Collection Activities, Financial Statements, Income Tax, Interest Income, New York Income Tax, New York Property Tax, New York State Corporate Tax, New York State Tax, Tax Abatement, Trust Fund Recovery Penalty 0

Penalty Abatements Policies – First Time and Recurring

Many taxpayers feel uneasy when they open a letter from the IRS and see that they owe penalties. The good news is that the IRS offers opportunities to remove or reduce penalties in certain cases. If you have received a…

Shamsey Oloko July 18, 2016 Bankruptcy, Civil Liabilities, Civil Penalties, Criminal Liabilities, Debt Cancellation, Debt Forgiveness, Delinquent Taxes, Representation, Tax Abatement 0

Part 2 – What If: Debt Related Life Events And Struggling Taxpayers

If you have any type of financial difficulty, keep in mind that there’s a tax impact to events such as job loss or foreclosure. Such consequences may not necessarily be predominantly negative. For example, if your income decreased, you may be…

Shamsey Oloko January 11, 2016 Fraudulent Return, Frivolous Return Program, Phishing, Roth Thrift Savings Plan, Tax Abatement, Tax fraud & evasion 0

NEW AND OLD TAX SCAMS AND TRICKS

Taxpayers must always be vigilant regarding the legality of an action related to the filing of their taxes. This includes whether they are filing an IRS form, calculating income, claiming a deduction, characterizing assets, preparing a tax return, or communicating…