IRS News
Spanish Court Dismisses Shakira Appeal in Tax Fraud Case
A court in Spain has dismissed Colombian singer Shakira’s appeal in a tax fraud case.
nbcwashington.com
Understanding taxpayer rights: The right to appeal an IRS decision in an independent forum | Internal Revenue Service
Taxpayers have the right to appeal an IRS decision in an independent forum. This is one of ten basic rights — known collectively as the Taxpayer Bill of Rights — that all taxpayers have when working with the IRS.
irs.gov
Will IRS Tax On Wildfire Settlements Be Blocked By Congress?
The federal bill is backed by Representative Josh Harder and would exempt thousands of fire victims who are receiving compensation from the PG&E Fire Victim Trust from having to pay federal income tax on their settlements.
forbes.com
Tax News
Capital gains may have triggered hundreds of billions more in individual taxes for 2021, analysis shows. How to trim your tax bill
Individuals paid significantly more taxes this season, and the surge in capital gains in 2021 may be to blame, according to the Penn Wharton Budget Model.
cnbc.com
Your Social Security check might be taxed. Here's how that could change
It may come as a surprise that your Social Security income may be taxed. Here's how those levies work, and how Congress may change them with future reform.
cnbc.com
DC Increasing Tax for Trucks, SUVs
It’s going to get a lot more expensive to own a big pickup truck or SUV in D.C. The new budget approved by the D.C. Council nearly quadruples the annual registration fee for heavy vehicles. News4’s Mark Segraves explains how much it’s going to cost you and where that money will go.
nbcwashington.com
Tax Relief Solutions
Get Fresh Start and IRS Relief
I use the IRS fresh start program to help get IRS tax relief.
Get IRS tax relief with payment plans and tax relief initiatives.
When you owe the IRS and can’t pay, it’s tempting to ignore the issue.
Usually, this boils down to fear of the unknown.
If you contact the IRS, will it get you in even more trouble?
You should only be afraid if you ignore IRS back taxes and do not seek IRS relief.
The IRS can force you to pay with tools like federal tax liens, levies, and wage garnishments.
And that’s on top of penalties and interest that will pile up.
The IRS has options like fresh start program for back tax relief.
If you can not pay the taxes you owe there are monthly payment plans and IRS programs for hardship situations.
Get some IRS tax relief help from the experts.
See if you meet the fresh start program qualifications.
I can help you investigate which program is best for you.
keithjonescpa.com