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Our Tips For Settling With The IRS
If you are struggling with back taxes, you probably don’t have much hope that the IRS is going to reduce what you owe for no reason. This is where Inside Out Tax Resolution Services comes in. Our former IRS Revenue Officer and Certified Tax Resolution Specialist can help mitigate what’s going on with the IRS…
The Biggest Tax Changes Of The Year
The IRS has been busy this year updating the tax code, making rule changes, and updating tax forms. We all know how complicated taxes can be, especially when you expand your family, purchase property, or begin to build a robust financial portfolio. The best way to stay abreast of any changes is to connect with…
Current Common Scammers Posing As The IRS
Whether you’re aware of it or not, almost every American has been targeted by some form of scamming, from e-mails to phone calls. The scams usually go along the lines of “You have overdue taxes, please address this over the phone or through e-mail or your wages will be garnished.” The unfortunate reality is that…
How An Innocent Error On Your Taxes Could Cost You Thousands
This may come as no surprise to anyone, but taxes are difficult. When you throw in having kids, owning a house, managing a business, and a marriage or a divorce, then you have a complicated problem to try and work out. Trying to do your own taxes is great, but errors can pile up and…
Tax Withholding Changes For 2019
Did you have any struggles filing your taxes last year? We get it, tax laws are constantly changing and they can be really difficult to understand. The most recent change in tax legislation is bringing about a change to the Form W-4 to allow for updated tax withholdings. This new form will most likely require…
Three Ways To Increase Your After-Tax Spendable Income
Did you end up writing a big check to the IRS this year? If so, you probably are wracking your brain trying to think up ways to avoid that steep bill again in 2020. The recent changes to the federal tax code have meant breaks for some, but for most of us, we have seen…
IRS To Audit More Wealthy Taxpayers
The news has recently been flooded by reports of wealthy Americans paying little to nothing on their federal taxes through the exploitation of tax loopholes. Wealthy Americans have the disposable income available to hire some of the best tax experts available, and those tax experts know the best ways to save their clients millions of…
IRS To Request More Information About Divorce Funds
The IRS is in the middle of one of the biggest shakeups it has had in decades. They are overhauling their technology, reevaluating how they are handling tax audits, and on the verge of a new hiring wave to make up for the hiring blackout they have been under for the past seven years. One…
How Congress’ New Tax Bill Benefits Taxpayers
For the second year in a row, the U.S. Senate Finance Committee is proposing a piece of legislation that is intended to simplify tax returns and improve customer service for taxpayers. There is no government agency that Americans interact with more than the IRS, and the reality is that the IRS can be hard to…
What You Can Do To Improve Your 2019 Tax Return
The past few years have brought an immense amount of tax law changes for people across the country. The Tax Cuts and Jobs Act that was passed in 2017 intended to simplify taxes for Americans, but the shift in brackets and tax rates have created some growing pains along the way. If you got a…