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Form 433B is a business collection statement or financial statement used by the IRS to make collection determinations on businesses when a business owes taxes…

If you owe taxes to the IRS you may be receiving multiple notices, but the scariest notice and perhaps most important notice to be looking out for is a Final…

One of the transcripts maintained by the IRS that is available to taxpayers is a return transcript. A return transcript is not a copy of the tax return but…

When you or your business owe taxes to the IRS you can satisfy the tax liabilities by making payments or installments to the IRS on a formal installment…

Foreign assets may need to be reported to the IRS or FinCEN on either forms 8938, Form 114 FBAR or both. If assets were required to be reported on either, or…

An offer in compromise is a settlement on a tax debt with the IRS. A taxpayer that owes taxes to the IRS submits an offer in compromise proposing to pay a…

Whether through an audit or upon seeing that a taxpayer did not report all items of income their income tax return, the IRS generally adjusts or increases a…

The IRS tracks wage and income reported under your social security number such as a W-2 or 1099 reported by third-parties on a wage and income transcript. If…

IRS Form 433F is somewhat of an abbreviated collection statement used by the IRS when individuals owe income tax to the IRS and the IRS is determining how an…

Form 433B is a business collection information statement used by the IRS. Form 433B requests information about a businesses owners, the assets and debts of a…