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November 2010 Archives

The 90 Day Letter: Tax Help When You Get a Notice of Deficiency from the IRS

In some cases, the first word a taxpayer hears from the IRS that they're in tax trouble is a Notice of Deficiency Letter, called a 90 Day Letter. This letter is issued after the IRS has performed an audit of your taxes or proposes adjustments - and it can come as a surprise.

Why You Shouldn't Wait to Get Tax Help

When you owe the IRS back taxes or you're facing tax debt, a common reaction is to avoid the IRS out of fear or confusion. People may think they can't afford to pay their back taxes, so what difference does it make? If you don't take action to get tax resolution, you can lose rights you may not realize you have and accumulate significant interest that makes the situation much worse.

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