Amend Prior Returns: When and How To File an Amended Return
March 10, 2025
Amend Prior Returns: When and How To File an Amended Return The need to amend prior returns may arise if a taxpayer reports some items incorrectly on their original return. Whenever this happens, the IRS allows the taxpayer to make changes or adjustments on their already-filed return. This happens by completing a specific form and…
Custom Tax Solutions
March 10, 2025
Custom Tax Solutions Struggling to pay taxes this year? Feeling overwhelmed by the amount owed? If so, don’t worry – help is available! Custom tax solutions can provide the assistance you need to get your taxes paid and get your life back on track. Here, we will discuss the benefits of custom tax solutions and…
Expiration
March 10, 2025
Expiration Expiration statute What is the CSED?The collection statute expiration date is the amount of time the IRS has to legally collect a tax balance. The tax law provides that the period for collection after assessment of tax liability is 10 years. Each tax assessment has a Collection Statute Expiration Date (CSED). There are cases…
Offer In Compromise (OIC): Will You Qualify
March 10, 2025
Offer In Compromise (OIC): Will You Qualify? Who Ends Up in Tax Debt? An Offer in Compromise (OIC) is a tax relief option offered by the IRS that allows taxpayers to settle their tax debt for less than the full amount owed. It’s designed for individuals who are unable to pay their tax liability in full due…
What Is A Tax Audit And What Tax Audit Defense Options Are There?_new
March 10, 2025
What Is A Tax Audit And What Tax Audit Defense Options Are There? IRS Tax Audit Defense During an IRS tax audit, there are several strategies available to protect your assets and find your way to a reasonable resolution. These audits are complex- representation from a CuraDebt tax expert will help you stand behind a…
