A common way for salesman in our industry to hook an unsuspecting taxpayer is to promise an “Appeal” as the first step in the process. “Appeal” in this context is simply a buzz word, a hook, when in reality; an Appeal may or may not benefit you.
The government holds real, ordinary people responsible for business taxes. Business owners, employees, shareholders, officers, bookkeepers and accountants may all be at risk of being held liable for the Trust Fund. Luckily, you can fight it.
Any payment to the IRS when you owe a back-tax liability is a great idea, right? Wrong! M&M can help you determine how to make payments toward your tax debt to benefit you the most. Contact us before sending your Voluntary Payment to the IRS.
If you're tackling a back-tax liability, especially payroll tax, you need to know how to protect yourself and your business. One rule to live by when dealing with the IRS or your State Taxing Authority, is that nothing is real until it's
Although CNC can be difficult to attain, it is a viable option for many struggling taxpayers. When you successfully negotiate this resolution with the IRS, you will not have to make payments toward your back taxes if you remain current and compliant...
This is one of the most frequent questions I am asked. If you are unclear on how to address your back taxes, call me directly at (773) 969-5813. Even if you choose not to hire M&M, you will certainly benefit from speaking to a Tax Resolution Expert.
Internal Revenue Manual (IRM) Section 20.1 outlines the basics of IRS penalty relief. If you are planning to resolve your own tax debt and submit a request for the abatement of penalties yourself, this is a great place to start. It outlines the purpose