As an employer, you know how important it is to stay current on tax changes – especially payroll tax. There is nothing worse than being struck by a payroll tax bill at the end of the year (or an audit). Every April, the IRS updates employers on what to expect for the coming year. April […]
IRS Collections
Exploring Your Options for IRS Payment Plans
If you have received a notice from the IRS of back taxes due or you filed your taxes and already know that you owe the IRS, you might feel panicked at the massive amount due and the lack of funds in your bank account. Fortunately, you do not need to worry about paying everything up […]
Reasons Why You Need an Attorney for an IRS Audit
No one sets out filing their personal or business taxes thinking that they will face an audit. Even if you are cautious and only write off what you can, you may still find yourself subjected to an audit one day. Dealing with the Internal Revenue Service (IRS) can be daunting. As a consumer, you are […]
IRS Tax Liens
IRS tax liens can be broken down into two categories: (1) unfiled liens and (2) filed liens. Federal Tax Lien: A Comprehensive Guide for Businesses A Comprehensive Guide to Understanding Federal Tax Liens In the world of taxes, numerous terms and concepts can confuse the average taxpayer. One such term is a federal tax lien. […]
IRS Interest Rate Stays at Four Percent
Tax Attorney Serving the State of New Jersey Including Bergen County The Internal Revenue Service recently announced the interest rate for the fourth quarter of 2017 for underpayments will remain at 4%. The IRS interest rate changes every quarter. The IRS interest rate is based on federal short-term rate plus 3 percentage points. In the […]