Blog
Payroll tax problems: Trust Fund Recovery Penalty (TFRP) explained
In the complex world of U.S. tax compliance, few penalties are as serious or as misunderstood as the Trust Fund Recovery Penalty (TFRP). If you’re…
How bankruptcy affects IRS debt
Bankruptcy is often viewed as a financial reset button, especially for those overwhelmed by mounting debt. But when it comes to tax obligations, especially IRS…
Why filing all your tax returns is crucial, even if you can’t pay
If you’re struggling financially, filing your taxes might be the last thing on your mind. After all, what’s the point of filing if you can’t…
Correcting past tax errors: Amended returns and disclosures
Let’s face it: taxes are complicated. With evolving regulations, a mountain of paperwork, and the stress of deadlines, it’s no surprise that even honest taxpayers…
Signs You Might Have an IRS Tax Problem: Warning Signs & What to Do
Dealing with the IRS can be intimidating, but ignoring potential tax problems only makes matters worse. Recognizing the signs you might have an IRS tax…
Best practices for record-keeping to prevent tax issues
Maintaining accurate and organized records isn’t just a good habit; it’s a crucial step to ensure tax compliance and prevent costly IRS issues. Whether you’re…
Taxpayer Bill of Rights: Your rights when dealing with the IRS
Dealing with the IRS can be intimidating, especially if you’re facing an audit, collections process, or simply trying to resolve a tax issue. Many taxpayers…
How to Communicate with the IRS Effectively
Dealing with the IRS can be intimidating, especially when you’re unsure how to reach out or what to say. Whether you received a notice, need…
How The IRS Is Taxing NFTs, Crypto, And Digital Assets In 2025
In 2025, the IRS is stepping up its efforts to monitor and tax digital assets—including cryptocurrencies, NFTs, and tokenized real-world assets. If you buy, sell,…
What To Do If You Forgot To Report Crypto Income
Cryptocurrency has gone from a fringe interest to a mainstream financial asset, but with that rise comes IRS scrutiny. If you forgot to report your…
