What is the Trust Fund Recovery Penalty (TFRP)?
The IRS requires businesses to withhold a certain amount of funds from employee paychecks every pay period. These funds, which include social security and Medicare contributions, are [...]
Can I go to Jail for Unfiled Tax Returns?
If you’ve recently received a notice from the IRS, you know it can be a frightening and confusing time. You’ve likely heard that the IRS can have [...]
Receive a Form 668 W? What Are My Next Steps
Did you recently receive a Form 668 W? The IRS sends an employer Form 668 W when they plan to levy an employee’s wages, including salary, commissions, [...]
What is IRS Form 433-F, A & B – Get Help Navigating This Form
Has the IRS recently requested that you file financial information… using Form 433-F, 433-A, or 433-B? If you have unpaid tax debt, these forms will determine how [...]
Can I Get the IRS to Waive Penalties and Interest?
Penalty Abatement is a tool that the taxpayer can use to challenge the IRS assessment of penalties when applicable. In many situations, it is possible to have [...]
What Can Be Done to Stop the IRS from Levying?
What Can Be Done to Stop the IRS from Levying My Bank Accounts, Garnishing My Wages, or Seizing my Assets? David's Take It is top priority for [...]
Enrolled Agents vs. Tax Attorneys vs. CPAs
Dealing with the Internal Revenue Service (IRS) can be difficult enough under normal circumstances. It is even more intimidating when you owe several thousand dollars (or more) [...]
Are IRS Tax Reduction TV Commercials True?
David's Take Approximately 20% of these cases are actually being approved and accepted and people are settling their tax problems. Now, what this needs to tell you [...]