Taxpayer Bill of Rights: #1, The Right to Be Informed

In 2014, the Internal Revenue Service adopted a Taxpayer Bill of Rights (TBOR) that has become a cornerstone document to provide the nation’s taxpayers a better understanding of their fundamental rights when dealing with the agency.It includes The Right to Be Informed.Taxpayers have the right to know what they need to do to comply with […]

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Private Collection Agencies Used By The IRS

In April 2017, the IRS began assigning taxpayer accounts to private collection agencies (PCAs).  For 2017, the IRS reports this outsourced collection program cost $20 million to run yet only collected $6.7 million in tax payments.  The IRS has implemented this outsourced collection program in a manner that causes excessive financial strain on taxpayers and […]

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IRS Can Deny New/Renewed Passports & Revoke Passports for Tax Debtors

This month, the IRS will begin implementation of new procedures affecting individuals with “seriously delinquent tax debts.” These new procedures implement provisions of the Fixing America’s Surface Transportation (FAST) Act, signed into law in December 2015. There are several ways taxpayers can avoid having the IRS notify the State Department of their seriously delinquent tax debt. […]

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Ohio Tax Amnesty

We would like to alert you to a limited-time offering from the Ohio Department of Taxation (ODT) that allows taxpayers to settle certain tax debt with significant cost savings. It’s called Ohio Tax Amnesty, and it will be available for just six weeks beginning January 1, 2018.  If your unreported or underreported taxes were due […]

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Five Things to Know about Estimated Taxes and Withholding

The IRS charges penalties for several different things, such as: filing your return late and paying the tax late.If you have someone who prepares your tax return for you, they can assist you with determining if you are having enough tax withheld from your paycheck or if your estimated tax payments are enough.If you prepare […]

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