Business Hardship Plan
A Business Hardship Plan offers tax relief options for businesses experiencing financial challenges, helping them manage tax obligations more effectively.
IRS Compliance Letter
IRS Compliance Letters address taxpayer discrepancies or issues requiring attention. They ensure compliance and guide taxpayers toward resolving potential tax issues.
Income Certification
Income Certification verifies an individual's or entity's income for various purposes like tax compliance, eligibility for benefits, or loan applications.
Debt Assessment
Debt Assessment is a crucial process in tax compliance, evaluating taxpayers' liabilities to ensure accurate reporting and timely payment of taxes owed.
Taxpayer Agreement
A Taxpayer Agreement is a formal arrangement between a taxpayer and a tax authority to comply with payment or dispute resolution terms.
Payment History
Payment history documents a taxpayer's record of fulfilling obligations to pay taxes owed over time and is crucial for ensuring compliance.
CP89B Notice
The IRS CP89B Notice alerts taxpayers to crucial updates on their tax accounts, often due to discrepancies or corrections. It's vital to address these adjustments quickly to avoid penalties.
Penalty Appeal
A Penalty Appeal is a formal process by which taxpayers can contest IRS tax penalties assessed on their accounts due to various compliance issues.
IRS Collection Process
The IRS Collection Process is a series of actions taken by the IRS to collect overdue taxes from taxpayers. This process involves various steps aimed at ensuring compliance and payment of owed taxes.
Monthly Expense Standards
Monthly Expense Standards are IRS-established limits used to evaluate a taxpayer's ability to pay their tax debts, ensuring fair collection practices while maintaining financial stability.