If you believe the IRS is wrong about how much you owe, a Doubt as to Liability Offer in Compromise (OIC) may be the solution. This lesser-known but powerful IRS program allows taxpayers to settle a tax debt when there’s legitimate doubt that the assessed tax is correct. What Is a Doubt as to Liability...
In a move aimed at strengthening taxpayer rights, Donald Trump has signed the IRS Math and Taxpayer Help (MATH) Act into law. At first glance, this bipartisan legislation appears to be a major win for taxpayers who have long been confused—or blindsided—by unexplained IRS adjustments. But while the law improves transparency, it does not eliminate...
A recent federal case out of Florida highlights how quickly IRS problems can spiral out of control when handled the wrong way. A Jacksonville minister pleaded guilty to obstructing the Internal Revenue Service after attempting to block the agency’s efforts to collect more than $600,000 in unpaid taxes. According to court records, the taxpayer initially...
Owing back taxes doesn’t always mean you have to pay everything at once. For many taxpayers, an IRS Installment Agreement can be an effective way to stop collection actions and regain financial stability—without draining savings or disrupting daily life. At Accutax, we help individuals and business owners navigate the IRS system and secure payment plans...
If you owe back taxes, you may have experienced a confusing—and frightening—pattern: months or even years of silence from the Internal Revenue Service, followed by a sudden flood of threatening letters, levies, or liens. Many taxpayers assume the IRS has forgotten about them. Others believe their problem has somehow “gone away.” Unfortunately, neither is true....
When it comes to dealing with the IRS, “creative strategies” can quickly turn into federal crimes. A Virginia landlord and IT specialist recently learned that lesson the hard way. After filing false tax returns and receiving refunds he wasn’t entitled to, he attempted to block the IRS from recovering the money. His efforts included transferring property into a trust,...
Running a successful business doesn’t excuse ignoring payroll tax obligations. An Oregon business owner recently learned that lesson the hard way. For several years, she withheld Social Security, Medicare, and federal income taxes from her employees’ paychecks—but failed to send those funds to the IRS. Instead, the money was used for other expenses, including major real estate purchases. The...
If you owe the IRS but truly cannot afford to make payments, Currently Not Collectible (CNC) status may provide temporary relief. CNC doesn’t eliminate your tax debt, but it can stop collection actions when paying the IRS would create serious financial hardship. At AccuTax, we help taxpayers determine whether CNC status is appropriate and...
If you’ve searched online for tax help, you’ve likely seen ads promising an “IRS Fresh Start” that will eliminate your tax debt or let you settle for pennies on the dollar. These claims sound appealing—especially if you’re overwhelmed by IRS notices—but they often leave out critical details. The truth is, there is no single, universal “Fresh Start Program” that automatically wipes away tax debt. Understanding what the term really means—and who actually qualifies for relief—is...
The One Big Beautiful Bill Act Brings Major Changes to Section 1202 Capital Gains Exclusion Introduction On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law, ushering in sweeping changes to the U.S. tax code. Among its most significant reforms are the enhancements to Section 1202 of the...
Copyright by Accu-Tax, Inc. All Rights Reserved.
Copyright by Accu-Tax, Inc. All Rights Reserved.
