If you are panicking about filing your taxes, then this is your lucky year. Because of Emancipation Day, an April 16 holiday celebrated in Washington, D.C., that marks the abolition of slavery in the region, you will find yourself with a little bit of a tax extension.
Have a tax debt near $50,000? You may find yourself unable to travel. In December, President Barack Obama signed a 5-year infrastructure spending bill. Sandwiched within this bill aimed to improve our nation’s highway and transit systems, was an IRS passport law.
The 2013 tax season is on pace to match 2012 where 148 million returns were filed with almost 38 million of those owing unpaid taxes. Direct Tax Relief (DTR) assists…
On February 26, 2014, the Senate Permanent Subcommittee on Investigations held a hearing on "Offshore Tax Evasion: The Effort to Collect Unpaid Taxes on Billions in Hidden Offshore Accounts” (The Permanent Subcommittee on Investigations-Hearings-2/26/14).
It was announced by the Internal Revenue Service on February 24, 2014 (IR-2014-18) that the Criminal Investigation Division (CI) has released its Annual Report for Fiscal Year 2013 (IRS-CI Fiscal Year 2013 Annual Business Report).
IRS issues an annual list of the top twelve tax scams in time for tax season. Direct Tax Relief assists clients with tax preparation for current and past tax years and corrected amended returns for victims of tax preparer scams.
A report shows less than half of taxpayers know they have rights before the IRS. Direct Tax Relief assists clients that have audits or balances due with the IRS and educate them on their taxpayer's rights
The Internal Revenue Service Data Book (Publication 55B issued March 2013) for the Fiscal Year 2012 noted that for the fiscal year the total number of returns audited exceeded 18 million.
Direct Tax Relief assists clients that have been issued wage and bank garnishments by the IRS that has tripled in the past 10 years and are expected to grow even more for 2014.
The Internal Revenue Service Data Book (Publication 55B issued March, 2013) for the Fiscal Year, 2012 noted that for the fiscal year (October 1, 2011, through September 30, 2012) the number of offers submitted rose 8% from 59,000 in the fiscal year 2011 to 64,000 for the fiscal year 2012.