Navigate IRS tax complexities with the latest insights and trends with these articles about the IRS for Tax Pros. Valuable guidance for CPAs, enrolled agents & the accounting community.
A federal IRS tax lien is filed when a client fails to pay owed tax debt after receiving their first bill. The lien gives the
The IRS enforces a Collection Statute Expiration Date (CSED) on tax liabilities owed by taxpayers. Essentially, the IRS has a 10-year window to collect outstanding
Every client with federal tax debt also has an expiration date for that debt. Learning how to determine IRS CSED (Collection Statute Expiration Date) for
As a CPA, tax professional, or enrolled agent, one of the most challenging aspects of your work may be assisting clients with bankruptcy discharge tax
Dealing with IRS tax debt can be an overwhelming experience for clients, and as a CPA, tax professional, or enrolled agent, understanding the relationship between
As a CPA, tax professional, or enrolled agent, guiding your clients through the Offer in Compromise (OIC) process can be a challenging task, especially when
When representing clients with tax debt, it’s crucial for CPAs, tax professionals, and enrolled agents to have a thorough understanding of how to do asset
Setting up payments with the IRS can be a challenging process for clients facing financial difficulties and complex tax situations. As a CPA, tax professional,
An IRS installment agreement can be a lifesaver for clients facing a significant tax debt, enabling them to pay off their liability over time with
As a tax professional, providing your clients with the best possible solutions is your top priority. One effective strategy to help clients facing financial hardships