What Happens If I Don't Pay Payroll Taxes?

By Top Tax Staff

If you pay people to work for you, you are required to collect and pay payroll taxes. The IRS receives 70% of its annual revenue from payroll taxes, but 18% of the tax gap is due to unpaid or unreported payroll taxes. This tends to upset the IRS. 

Read More >

I Forgot to File My Taxes: What Do I Do?

By Top Tax Staff

If you somehow missed all the pop-up ads, TV commercials, and people dressed up in character costumes in front of tax preparation offices, Tax Day was April 18th. Individual taxes were due then, but if the date slipped by without you noticing, you are now late on your taxes.

Read More >

Can’t Make Your IRS Payment? Here’s What to Do

By Top Tax Staff



Sigh! Another Tax Day has come and gone. We hope you at least filed or asked for an extension on time. But what's this? You can't make your IRS payment? 

Read More >

Last Minute Tax Tips for 2022

By Top Tax Staff

Uh oh. Did you wait until the last minute to do your taxes again? That’s OK. We’ve got you. Just in time, here are some last-minute tax tips for 2022.

Read More >

Can a Tax Lawyer Help With IRS Debt?

By Top Tax Staff

One of the most frightening acronyms in the USA is IRS. This seemingly all-powerful government agency can strike fear into almost anybody. If ever there was a time you needed a lawyer, getting out of debt to the IRS is one of the best.

Read More >

What to Do If You Receive a Notification of an IRS Lien

By Top Tax Staff

Tax liens — don’t you just hate them? They can be scary, but there’s no reason to panic. The situation isn’t as dire as you might believe, and help is available. 

Read More >

Low-Income Taxpayer Clinics: Who Qualifies?

By Top Tax Staff

In 2019, 20,259 taxpayers used Low-Income Tax Clinics (LITC), where they received help to get $6.8 million in refunds from the IRS. The clinics also decreased or corrected around $50 million in tax liabilities. Finally, over 41,000 taxpayers and service providers sought and received educational services from a LITC. 

Read More >

What Is Considered Tax Evasion?

By Top Tax Staff

Nobody likes paying taxes, but there is a right way and a wrong way to reduce your tax burden. If you do it the wrong way, it’s called tax evasion, which can cost you big-time penalties and imprisonment. 

Read More >

How Far Back Can the IRS Audit Your Tax Returns?

By Top Tax Staff

In 2019, the IRS received around 155 million individual tax returns. About 771,095 taxpayers got pegged for audit. While that shows slightly less than half a percent of a chance to be audited, it isn’t zero.

Read More >

Tax Resolution: How to Solve Your Tax Problems

By Top Tax Staff

Tax problems create anxiety and a wish to bury your head in the sand, hoping everything will disappear. You don’t have to feel that way. You have many options to resolve your tax issues and solve any tax problem you might have.

Read More >
COMMENTS
Aenean sollicitudin, lorem quis bibendum auctor, nisi elit consequat ipsum.