Latest From the Blog

5/22/13 5/22/13

A Look Back at 2012 and a Preview of 2013 Tax Tip of the Week | No. 199

In 2012, a $305 million IRS budget reduction resulted in $5 billion less in enforcement revenue.

6/27/12 6/27/12

A Way to Potentially Lower Your Federal Income Tax Debt | Tax Tip of the Week | No. 152

A couple of weeks ago (TTW # 150) we looked at the revised collection and installment payment rules under the IRS’s “Fresh Start” initiative. “Fresh Start” is a new program that the IRS hopes will help taxpayers clear up their tax problems in a shorter period of time than the past.

6/13/12 6/13/12

Penalty Relief and Expanded Installment Agreements | Tax Tip of the Week | No. 150

The IRS announced an expansion of the “Fresh Start” initiative to help struggling taxpayers by taking steps to provide new penalty relief to the unemployed and making installment agreements available to more people.