Tax Debt is a serious issue. If you owe the IRS unpaid taxes, regardless of the reason, the IRS can be very aggressive in their collection attempts. Penalties, Liens, and Wage garnishments are some of the methods the IRS will use until your debt is paid in full. IRS problems do not go away on …
Owe Taxes To The IRS? Tax Relief Can Save You Money. Read More »
We’d like to offer a HUGE congratulations to Spar Bernstein Attorney Carmela Walrond who was recently appointed to the prestigious IRS Taxpayer Advocacy Panel (TAP). After a lengthy and extremely competitive application process, several interviews, and a thorough review of her law career, she was selected for the Internal Revenue Service’s TAP program. The panel …
By Carmela Walrond, Managing Tax Attorney Under the plan, taxpayers will have three tax rates: 35%, 25%, 12%. The plan does not state which rate would apply to someone earning $20,000 or $50,000 would pay. The standard deduction (currently $6,300 for individual, $9,300 Head of Household, Married filing jointly $12,600) would double. In other words, a …
