Archive for 'IRS Tax Information'
What Is A Federal Tax Lien?
What is a Federal Tax Lien? The IRS is divided into several divisions. And one of those divisions—the Collection Division—is responsible for a Federal Tax Lien and enacting something the IRS refers to as an enforced collection. An enforced collection refers, essentially, to any action that goes beyond what most people would consider conventional. Most [...]
Full StoryList Of Tax Deductions 2011
It’s tax season again and a lot of the federal tax laws have changed for 2011 and we wanted to provide a list of tax deductions that you might qualify for or have overlooked. It’s also worth noting that in 2011 taxpayers have until April, 18th 2011 to file their tax returns because April 15th, [...]
Full StoryIllinois Tax Amnesty Program: Visionary
The Illinois tax amnesty program, which ended in November brought the State of Illinois more than $717 million in unpaid taxes Gov. Pat Quinn’s office announced. The Illinois tax amnesty program gave Illinois taxpayers a welcome break by not charging any interest or penalties for previously unpaid taxes as long as you paid them by [...]
Full StoryFederal Tax Conference 2010
Federal Tax Conference 2010 Here’s a great opportunity for Chicago, Illinois tax lawyers to keep up on their CPE credits and a chance to mingle with other attorneys from law firms around Illinois. It’s not only educational but it’s a lot of fun exchanging war stories and case law information that could actually help you [...]
Full StoryTax Attorneys vs CPA vs Enrolled Agent
Hiring A Tax Attorney Hiring the right tax attorney for your personal or business IRS tax issues is critical. Finding an experienced tax attorney can translate into money for your bottom line. Your goal should be to form a long-term relationship with your tax attorney so you have someone to call any time you need. [...]
Full StoryIllinois IRS Office Locations
The past few months we’ve been getting a lot of phone calls from Illinois taxpayers asking us where their local Illinois IRS Office locations are. I decided to compile this information for you here in this post so if you ever need to contact the IRS in Illinois, here are the Illinois IRS offices: Bloomington 301 S. Prospect [...]
Full StoryTop 10 Tax Deductions Taxpayers Could Claim
Each year Illinois tax attorneys and taxpayers alike miss plenty of opportunities to lower their taxes. Here is a list of the top 10 tax deductions taxpayers should consider.
Full StoryOffer In Compromise Chicago, Illinois Cook County IRS Form 656
Do you know what an Offer In Compromise Is? Often times taxpayers in Chicago, IL Cook County or nationwide who have IRS tax problems will often find themselves confronted with new IRS tax law terms like “tax penalty abatement” or “offer in compromise”. In this post we wanted to give you the definition of an [...]
Full StoryTax Debt Relief – Real Life Stories
Our clients allow us to use their real names and stories — and they even gave us pictures! — because it is tough to know who’s telling the truth these days. They have done this to help YOU! Please respect their privacy. Here is the story of John Leach who owed $56k and payed nothing! [...]
Full StoryUnfiled Tax Returns
Unfiled Tax Returns In Chicago, Illinois Filing your tax returns is serious business and shouldn’t be taken lightly. If you have an unfiled tax return or years worth of late tax returns, you should immediately get them filed. By not filing late taxes, the IRS can legally attempt to collect the tax debt from you [...]
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