Latest Tax News

18
Dec

New Tax Debt Relief Program Annouced from the IRS

The IRS released a new program this week called the Taxpayer Relief Initiative, which aims to assist taxpayers who cannot pay their taxes because of the ongoing pandemic.  Taxpayers who have tax debt from previous years or due to the continuing pandemic and unable to pay for the debt have options offered by the IRS,

17
Dec

What is a tax installment plan and, how much do I pay?

A tax installment plan is an agreement between the IRS and a person who owes tax debt to the IRS to repay the said tax debt within a time period. The installment plan must be paid in full by the taxpayer within the time period agreed by both the IRS and the taxpayer to clear

15
Dec

Prepare for 2021 tax filing! It is almost Tax Time! 

2020 Is almost over. If you have a pending settlement with the IRS or are thinking of one, your tax returns need to be filed an extremely specific way. WE KNOW HOW. With that being said, we are excited to continue serving our clients by keeping IRS compliance, saving them the most in taxes and making sure the filing season is as stress free as possible, for all!   LIMITED TIME OFFER *** SAVE 10% by Reserving a Spot now – CALL (951) 707-4440*** Or email us at [email protected]   Republic Tax

05
Dec

What is Offer in Compromise (OIC) or Fresh Start Program?

In Tax relief, The Offer in Compromise program, in the United States, is an Internal Revenue Service program under which allows qualified individuals with an unpaid tax debt to negotiate a settled amount that is less than the total owed to clear the debt. So it allows you to make an offer in compromise allows

22
Nov

IRS is a really shameful Grinch!

Picture this: It’s December 15, you are prepping for the holidays, getting some last minute shopping done and talking to relatives about who is going to be where. All is well. Sure you have some issues with the IRS but now is not the time to think about that. You will deal with it in