For many taxpayers, the COVID years were filled with uncertainty. Businesses faced shutdowns, individuals experienced financial hardship, and tax deadlines shifted in ways few people had ever seen before. Now, a case known as Kwong v. United States is attracting attention because it may affect taxpayers who paid certain IRS penalties during that period. While…

Most taxpayers have never seen their IRS transcript. That’s a mistake. An IRS account transcript may be the single most important document in your tax file. It tells the story of your IRS account—when returns were filed, when taxes were assessed, when penalties were added, when payments were applied, and sometimes, when important deadlines begin….

You’ve probably seen headlines about the Kwong v. United States case and the possibility that some taxpayers could be entitled to refunds of IRS penalties and interest assessed during the COVID-era disaster relief period. The attention is understandable. It sounds simple. If the courts ultimately uphold the interpretation at the center of the case, millions…

You’ve heard the commercials. “Settle your tax debt for pennies on the dollar!” It sounds simple. Call a company. Fill out a form. Watch the IRS forgive most of what you owe. If only it worked that way. The truth is that an Offer in Compromise (OIC) is one of the most powerful IRS programs…

When most people think about taxpayer rights, they often focus on audits, appeals, or payment options. However, one of the most important protections available to taxpayers is often overlooked: the Right to Be Informed. According to the Internal Revenue Service Taxpayer Bill of Rights, every taxpayer has the right to know what they need to…

A little-known federal court case is creating major discussion throughout the tax resolution industry — and it could potentially impact millions of taxpayers across the country. The case, Kwong v. United States, centers around whether the Internal Revenue Service improperly assessed certain penalties and interest during the COVID-19 disaster relief period. While the litigation is…

When taxpayers fall behind on their federal tax obligations, the Internal Revenue Service has several tools to begin collection. One of the most common — and least understood — is the IRS Automated Collection System (ACS). If you’ve started receiving IRS letters or are facing wage or bank levies, there’s a strong chance your account…

Tax Withholding Strategies by Life Stage: A North Texas Guide to Avoid IRS Surprises If you live and work in North Texas, your tax withholding strategy should evolve just as your life does. From your first paycheck to retirement income planning, tax withholding strategies directly impact your cash flow, tax liability, and overall financial stability….

Why Estimated Tax Payments Matter More Than Ever With the introduction of the One Big Beautiful Bill (also referred to as the “Working Families Tax Cuts”), taxpayers are seeing shifts in deductions, credits, and income thresholds. While many of these changes aim to provide relief, they also introduce complexity—especially when it comes to estimated tax…

IRS penalties can escalate quickly. What starts as a manageable tax balance can grow into a much larger financial burden due to late filing penalties, late payment penalties, and accumulated interest. For many taxpayers, these added costs create unnecessary stress — especially when the original issue was caused by circumstances outside their control. The good…

Owing back taxes can feel overwhelming, but it does not always mean you have to pay everything at once. For many taxpayers, an IRS payment plan, also known as an IRS Installment Agreement, can provide a structured and manageable path toward resolving tax debt. In this post, we’ll explain how IRS payment plans work, who…

When taxpayers think about resolving IRS debt, they often assume the only question is how to pay it. But sometimes the real issue is whether the tax should have been assessed at all. In those situations, a Doubt as to Liability Offer in Compromise may provide the right solution. This lesser-known program offered by the…