by evolveAdmin | Apr 30, 2025 | News
Imagine you’re 80 years old, retired, and suddenly facing the terrifying reality that the IRS is coming for your home. That’s exactly what happened to one of our clients. In his 80s and living off retirement savings, he suddenly found himself buried in $1.6... by Bill Fritton | Oct 9, 2024 | IRS, News
On September 26, the IRS announced a new supplemental claim process designed to assist payroll companies, third-party payers, and their clients in rectifying incorrect claims for the Employee Retention Credit (ERC). This initiative comes on the heels of the IRS... by Bill Fritton | Apr 2, 2021 | News
CNBC published a great article about dealing with tax debt that covers the following key points. Tax debt is possibly the worst type of debt to have, so handling it should take priority over most other financial obligations. Loans from a bank or retirement savings... by Bill Fritton | May 6, 2020 | News
We are genuinely in a scary time, with many businesses upended by the Covid-19 pandemic. Businesses saddled with IRS and state tax problems face a host of new, complex questions. For 30 years as a CPA, tax resolution, and business turnaround specialist, I have focused... by Bill Fritton | Mar 23, 2020 | News
Because of the ongoing financial turmoil, the IRS is cutting some slack to a great many individuals and businesses. They now have until July 15 to pay any federal income taxes they owe. The delay is available to individuals who owe $1 million or less and corporations... by Bill Fritton | Feb 21, 2020 | IRS, News
Revenue officers from the Internal Revenue Service are fanning out across the country to tell wealthy taxpayers who haven’t filed taxes in at least a year that they need to pay up, the federal tax collector said this week. The in-person visits will target taxpayers...