Blog & Articles

Quick Answer: Can You File While Older Returns Are Missing? Yes, you can generally file the individual return due for the current filing season even when older required returns remain unfiled. The current return must

Quick Answer: What Does a Florida DOR Delinquency Notice Mean? A Florida Department of Revenue Notice of Delinquency generally identifies a required return the Department has not received. Verify the tax type, account, reporting period,

Quick Answer: What Does Back-Tax Help Cost? Polaris publishes preparation starting prices of $350 for its individual return service and $800 for business entity returns. Prior-year work is quoted individually. Your catch-up cost depends on

Quick Answer: Does Filing With the IRS Complete Your NC Filing? Filing a federal return does not establish that a required North Carolina return was filed. Check the state return, filing acknowledgment or mailing evidence,

Quick Answer: What If Contractor Income Created a Tax Problem? If you moved from employee wages to self-employment, review business income, supported expenses, required returns, and payments already made. Self-employed taxpayers generally face income tax

Quick Answer: How Can You Pay Old and Current Taxes? Build one plan that accounts for required returns, current withholding or estimated payments, and existing tax balances. An old-debt payment agreement does not cover new

North Carolina has an Offer in Compromise program that can settle an eligible NCDOR tax liability for less than the full amount owed. Approval requires a qualifying statutory basis, supporting documentation, and NCDOR's acceptance. A

If you disagree with a qualifying NCDOR proposed assessment, generally you must file a written departmental-review request within 45 days of the notice's mailing or personal delivery. Form NC-242 is the Department's Objection and Request

NCDOR wage garnishments and bank account attachments are different collection actions. North Carolina limits attachment of wages or salary, while a bank attachment can reach substantially more of the available attachable funds, up to the

NCDOR offers installment payment agreements for eligible final tax liabilities. Its published standard parameters generally limit agreements to 18 monthly installments, with an exception process for qualifying circumstances. An accepted agreement has continuing requirements; submitting

An NCDOR Notice of Collection means the Department considers the listed tax liability final and collectible. It deserves prompt attention. Verify the taxpayer, tax type, period, and balance, then identify whether the issue is payment,

IRS Form 2848: What Representation Authorizes Before a tax professional can handle an IRS matter on your behalf, the appropriate authorization must be established. The form, the named representative, and the listed tax matters determine

IRS Collection Appeals: CDP, Equivalent Hearings, and CAP An IRS collection notice may give you an opportunity to challenge a collection action or propose another way to resolve your account. The procedure available depends on

Missing Tax Records in Sunrise, FL: What to Gather Before Filing Missing paperwork is a common obstacle to preparing overdue returns. An old employer may have closed, a bank account may no longer be active,

What Do Banks Look for in Your Financial Statements? Your Lender Isn't Just Looking at Profit Many business owners assume that if their company is profitable, obtaining financing should be straightforward. In reality, lenders evaluate