Grego Law Related News
When people face an audit or disagree with an IRS auditor’s determination of one’s tax liability, the situation can be stressful, but there are multiple options to appeal such a decision. This means that taxpayers who dispute their tax liability can challenge a Notice of Deficiency if they are not able to negotiate an agreement […]
Imagine that you have just received an email from the IRS informing you that an error was made on your return and that you are due a refund. The email directs you to a website so you can update some personal information that is necessary for the refund to be processed. Sound too good to […]
After announcing its “fresh start” program in 2011, the IRS expanded that program in 2012, in an effort to help struggling taxpayers start over with a clean slate as far as their taxes are concerned. The fresh start program helped taxpayers who were burdened with tax liens and outstanding tax bills take care of those […]
While many people who owe substantial amounts in unpaid taxes to the IRS or who have not filed a tax return in years have heard of the strategy of submitting an offer in compromise to the IRS, most taxpayers only have limited knowledge of what an offer in compromise entails. While in theory the IRS […]
The Louisiana Department of Revenue has established a tax amnesty program which began on September 23, 2013 and will run through November 22, 2013. The goal of the program is to collect outstanding state tax liabilities from Louisiana residents who have fallen behind on their state taxes and want a fresh start. Eligible taxpayers who […]
Many restaurants have a policy of automatically adding a 15-20% tip for groups of eight or more—a practice many diners find annoying and even offensive. Even so, assuming the tab for your party of eight comes to $200 and the automatic gratuity of $40 is added onto your bill, that $40 will go directly to […]