by Bob Jablonsky EA | May 3, 2020 | Bob Jablonsky and Associates, Dallas TX, Debt Forgiveness, Debt Settlement Company, Frisco Tx, Garland TX, IRS Debt Relief, IRS Debt Settlement, IRS Penalties, IRS Problems, Payroll Tax Penalties, Payroll Tax Problems, Plano TX, Richardson TX, Small Business Tax Tips, Tax Problems, Tax Relief, Tax Relief Companies
When businesses with Payroll Tax Debt come into our Richardson, TX tax office, one of my major priorities is avoiding the Trust Fund Recovery (TFRP) from being assessed against my clients. The TFRP is an assessment that the IRS makes against what it considers to be...
by Bob Jablonsky EA | Apr 15, 2020 | Bob Jablonsky and Associates, Dallas TX, Debt Forgiveness, Debt Settlement Company, Equivalency Hearing, Form 4180, IRS Assessed Tax, IRS Collection, IRS Compliance, IRS Debt Relief, IRS Debt Settlement, IRS Notices, IRS Penalties, IRS Problems, IRS Seizures, IRS Tax Lien, Payroll Tax Penalties, Payroll Tax Problems, Plano TX, Richardson TX, Tax Problems, Tax Relief, Tax Relief Companies
As covered previously, Payroll Tax Debt issues are among the most complex and potentially the most damaging tax debt cases that we see in our Richardson, TX tax office. First, there are the potential penalties that can create a financial hole that’s almost impossible...
by Bob Jablonsky EA | Apr 6, 2020 | Bob Jablonsky and Associates, CFO Services, Coronavirus, Dallas TX, Debt Forgiveness, Debt Settlement Company, Fractional CFO, Frisco Tx, Garland TX, Installment Agreements, IRS Assessed Tax, IRS Bank Levy, IRS Collection, IRS Debt Relief, IRS Debt Settlement, IRS Garnishments, IRS Penalties, IRS Problems, IRS Seizures, IRS Tax Lien, Offer-In-Compromise, Partial Pay Installment Agreement, Payroll Tax Penalties, Payroll Tax Problems, Payroll Tips, Plano TX, Small Business Tax Tips, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Relief Companies, Trust Fund Recovery Penalties
When business owners come into our Richardson TX tax office with a payroll tax debt issue, it’s often more complex than a typical IRS 1040 tax debt problem. Payroll Tax Debt not only may involve risk at the corporate or LLC level, but both owners and possibly other...
by Bob Jablonsky EA | Apr 3, 2020 | Business Tips, CARES Act, Coronavirus, Currently Not Collectible, Dallas TX, Debt Settlement Company, Frisco Tx, Garland TX, Installment Agreements, IRS Audit, IRS Collection, IRS Compliance, IRS Debt Relief, IRS Debt Settlement, IRS Problems, Payroll Tips, Plano TX, Richardson TX, Small Business Tax Tips, Stimulus, Tax, Tax Compliance, Tax Problems, Tax Relief, Tax Relief Companies, TFRP, Trust Fund Recovery Penalty
In the upcoming months, many small businesses will struggle to survive. In order to survive difficult times, business owners often need to make decisions on what they should and shouldn’t pay. Sometimes, it comes down to making decisions that have no good answers....
by Bob Jablonsky EA | Mar 26, 2020 | ASED, Audit Reconsideration, Bob Jablonsky and Associates, Business Tips, CAP Hearing, CDP Hearing, CDP Rights, CSED, Dallas TX, Debt Forgiveness, Frisco Tx, Garland TX, Installment Agreements, IRS Assessed Tax, IRS Audit, IRS Bank Levy, IRS Collection, IRS Compliance, IRS Debt Relief, IRS Debt Settlement, IRS Garnishments, IRS Notices, IRS Penalties, IRS Problems, IRS Seizures, IRS Tax Lien, NFTL, Offer-In-Compromise, Plano TX, Richardson TX, RSED, Tax Compliance, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Relief Companies, Tax Resolution, Unfiled Tax Returns
Yesterday (March 25th, 2020) the IRS announced a People First Initiative, where the IRS announced that their priority would be helping taxpayers through uncertain times versus collection actions. These would include providing various payments relief and postponing...
by Bob Jablonsky EA | Mar 17, 2020 | Bob Jablonsky and Associates, Business Tips, CDP Hearing, CDP Rights, Collection Due Process Hearing, Collection Due Process rights, CP504 Notice, CSED, Currently Not Collectible, Dallas TX, Equivalency Hearing, Form 12153, Frisco Tx, Garland TX, Installment Agreements, IRS Assessed Tax, IRS Bank Levy, IRS Collection, IRS Compliance, IRS Debt Relief, IRS Debt Settlement, IRS Garnishments, IRS Notices, IRS Penalties, IRS Problems, IRS Seizures, IRS Tax Lien, Offer-In-Compromise, Plano TX, Richardson TX, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution
When a Taxpayer owes income taxes to the federal government, the IRS does not immediately levy the taxpayer and take everything that they own. The IRS will typically send the taxpayer a number of notices. If the taxpayer doesn’t respond, the IRS may send a “Notice of...