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Posts Tagged ‘Tax attorneys’

Choosing the Right Tax Resolution Company

Hidden among legitimate tax resolution companies are frauds that seem operate only to scam their clients. Some well-known names such as J.K. Harris and Tax Masters turned out to be scams. In order to enlist an honest, reputable resolution company, you will want to do the following: • Check the company’s background – The ...

What is a “Formal Resolution” with the IRS?

There are two types of resolutions: informal and formal. In an informal agreement, the taxpayer works to send payments to the IRS to satisfy a debt. In a formal agreement, the taxpayer and the IRS enter into a written agreement where both agree that the taxpayer will pay a certain amount during a specific time period to pay the full balance. Resolution Requirements A formal ...