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Feb 29, 2024

Is There a Statute of Limitations on Tax Debt? What You Need to Know

As a team of dedicated tax professionals, we at the IRS Advocates understand that navigating the complexities of tax debt can be a daunting task for many taxpayers. One crucial aspect that often comes into play is the statute of limitations on tax debt. Does one even exist for your federal taxes, or will you forever be pursued by IRS collections? In this comprehensive guide, we aim to shed light on what the statute of limitations entails, the actions the IRS can take before and after this deadline, and why taxpayers should proactively address their tax debt situation.

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Feb 15, 2024

About Our Tax Preparation Services

Navigating the intricate world of tax preparation can be a daunting task for many individuals and businesses. At the IRS Advocates, we understand the complexities of the tax code and are here to simplify the process for you. While we are best known for our expertise in resolving tax debt and facilitating IRS payment plans, our commitment extends to providing top-notch tax preparation services. Keep reading to learn more about our comprehensive range of services offered at the IRS Advocates, including our exceptional tax preparation solutions.

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Feb 01, 2024

Don't Face the IRS Alone: Why You Should Work with the IRS Advocates

Dealing with the Internal Revenue Service (IRS) can be an intimidating and complex experience. Whether you're facing tax issues, audits, or mounting debt, navigating the intricate web of tax regulations can be overwhelming. This is where the expertise of the IRS Advocates comes into play. Keep reading to learn about just a few of the reasons why you shouldn't face the IRS alone and, how working with our experienced at the IRS Advocates can make a significant difference in resolving your tax matters.

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Jan 29, 2024

Changes in Your Finances? How to Modify Your IRS Payment Plan

Managing an IRS payment plan is a pivotal step in resolving tax debts and regaining financial stability. However, life's uncertainties often bring unexpected challenges that may impact your ability to adhere to the agreed-upon payment schedule. Whether due to job loss, unforeseen expenses, or other financial shifts, modifying an IRS payment plan might become necessary. Understanding the reasons requiring adjustments and the process to navigate these changes is vital for individuals facing evolving financial circumstances.

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Jan 15, 2024

How Will This Tax Season Impact Your Existing IRS Payment Plan?

As the annual tax season approaches, individuals already in an IRS payment plan from previous tax years face heightened concerns. They worry about how the forthcoming tax filings might impact their ongoing payment plans. Managing existing IRS debts while facing new potential liabilities can be daunting. In this comprehensive guide, we'll delve into various concerns taxpayers have when filing for a new tax year, addressing how additional tax debts interact with existing payment plans, utilizing refunds to offset past debts, and offering guidance for a smoother resolution.

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Jan 01, 2024

New Year, New Payment Plan: Your Options for Settling Tax Debt in 2024

As the calendar turns to 2024, individuals grappling with tax debts are presented with renewed opportunities to resolve their financial obligations through various repayment plans offered by the IRS. Understanding these options and any changes in qualification criteria for the New Year is paramount for those seeking effective ways to settle their tax liabilities.

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Dec 29, 2023

How the IRS Advocates Can Help You Get Your Tax Debt Under Control in 2024

As the year draws to a close, there's no better time to start afresh than in the upcoming year of 2024. For many individuals, unresolved tax debts can cast a shadow over their financial well-being, causing undue stress and uncertainty. However, with the expertise and guidance of the IRS Advocates, you can pave the way toward a clean slate and regain control over your finances. Keep reading to learn a little bit more about how our team of experienced accountants can help.

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Dec 15, 2023

End-of-Year Tips to Settle Your Tax Debt before Next Tax Season

As we approach the end of the year, it becomes increasingly crucial to take proactive measures in addressing any outstanding tax debts before the commencement of the new tax season. Failure to resolve these financial obligations promptly can result in compounded penalties and interest, significantly exacerbating the financial burden. At IRS Advocates, our primary objective is to offer comprehensive assistance to effectively settle IRS tax debts for individuals and businesses. Keep reading to get some tips that will help you get your tax debt under control before the next tax season rolls around.

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Dec 01, 2023

Tips for Juggling Tax Debt with Holiday Spending

The holiday season is a time of joy and celebration, but for many people, it can also be a time of financial stress. If you're facing tax debt and wondering how to manage your holiday spending without sinking deeper into financial trouble, you're not alone. With some careful planning and a few key strategies, you can strike a balance between addressing your tax debt and enjoying the holidays. Keep reading to learn how we can help you navigate this challenging situation.

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Nov 29, 2023

Tax Debt and Student Loans: Balancing Multiple Financial Obligations

Managing multiple financial obligations can be a daunting task, especially when you're juggling tax debt and student loans simultaneously. Both tax debt and student loans are significant financial burdens that can impact your credit score, financial stability, and overall well-being. Keep reading to receive guidance on balancing these two obligations and strategies to help you navigate the complexities of tax debt and student loans.

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