by Bill Fritton | Jan 15, 2024 | IRS
The IRS is widely known for its robust efforts in collecting taxes and pursuing non-compliant taxpayers. Nevertheless, there exist widespread misconceptions about the extent of their powers and the severity of their tactics. In this article, we aim to demystify common... by Bill Fritton | Jan 4, 2024 | IRS
Introduction: Amidst the ongoing challenges brought about by the pandemic, the IRS has announced automatic penalty relief for taxpayers with a balance due in tax years 2020 and/or 2021. This initiative, effective from Feb. 5, 2022, to Dec. 7, 2023, specifically...