irslogics's blog

Even if you think you don't owe
any taxes, failing to submit a federal and state tax return each year might
result in significant fines. The IRS may impose a penalty of 5% of the amount
outstanding for each month that you fail to file a tax return. A 25 percent
penalty is the maximum, and the minimum penalty is either $205 or 100 percent
of the debt. If you don't owe taxes and were hoping for a refund, you'll have
to submit a return in order to obtain it. This is true for tax credits as well.The good news is that if you break

A Certified Tax Resolution Specialist is
the best option for resolving your tax issues. However, some taxpayers may be
inclined to go straight to the Internal Revenue Service. Those who are
certified tax resolution specialists have dealt with a wide range of problems,
each with a unique resolution. In some cases, the optimal outcome can only be
achieved with the help of a trained specialist.1. File taxes regularly In general, the Internal Revenue Service
(IRS) is willing to extend a second chance to taxpayers who fail to file their