About Tax Resolution Institute Staff

This author has not yet filled in any details.
So far Tax Resolution Institute Staff has created 4 blog entries.

IRS Offer In Compromise – What You Need To Know

IRS Offer in Compromise: find out if you qualify before submitting your offer! Every taxpayer in trouble seems to want to settle for pennies on the dollar which involves doing an Offer in Compromise (OIC), but very few understand what an IRS Offer in Compromise entails. In many instances, an Offer in Compromise is not the best option, even if you qualify. To make sure that you are making the right tax resolution decision, we will detail for you the benefits and challenges of an IRS Offer in Compromise. Our goal is to help you move forward with [...]

The REAL Dynamic Duo: Your CPA & Tax Attorney vs. Your Tax Problem!

A CPA and an Attorney make the ultimate team to conquer your IRS & State tax problems You may be wondering why we chose to write on this topic. The reason is it reinforces our basic operating principle. That is, as a comprehensive Tax Resolution firm we choose to ALWAYS have expert CPA’s AND tax attorneys on staff. With this setup, every client gets the benefit of having not only an expert accountant working on the numbers, but also a second set of eyes reviewing their case from a legal perspective. By far, this is the best approach [...]

2017-11-22T09:46:35+00:00 November 21st, 2017|Tax Attorney, Tax Law, Tax Resolution|

IRS Loosens Rules to Help Ease Hurricane Hardships

IRS rule changes to benefit hurricane victims in affected areas If you live in States such as Texas, Louisiana, Arkansas, Kentucky, or Tennessee, you know the meaning of “problems” as they relate to hurricanes. In order to ease the devastation caused by Hurricane Harvey, the IRS is allowing taxpayers to take emergency loans from their retirement plans. These hardship distributions are to be used to help hurricane victims as well as family members who were victims. This idea is not new. In fact it has been used to aid victims of earlier floods and hurricanes. We are fairly [...]

CA State Board of Equalization is NO MORE!

By any other name the Taxman! Well, you'll still owe taxes but it will now be to a different agency with a new name! What was formerly known as the "CA State Board of Equalization" (SBOE) will now be called the "CA Department of Tax and Fee Administration" (CADTFA). Better, huh? This restructure is a result of Assembly Bill 102, The Taxpayer Transparency and Fairness Act of 2017, which was recently enacted into law. The intent of this bill was the dismantling what was considered a troubled tax agency by some. Here's what the San Jose Mercury News [...]