Blog & Articles

For small business owners in Lake Norman, North Carolina, the S corporation election can unlock powerful tax savings—if used correctly. At Polaris Tax & Accounting, we don’t just file your return and wish you luck.

If you live in Lake Norman or the surrounding North Carolina area, chances are you’ve worked with a tax preparer before. But have you ever wondered if your preparer is truly saving you money —

If you owe back taxes to the IRS, but can’t pay the full amount all at once, you’re not alone. Many individuals and small business owners across Lake Norman, NC are struggling to catch up.

When you're drowning in IRS debt, it can feel like there are no good options. But for many taxpayers in Lake Norman, NC, there is a real solution: the IRS Offer in Compromise (OIC). This

If you live in or around Asheville, NC and have received a letter from the IRS, your next move is critical. The IRS doesn’t just send mail for fun—these notices are timed, targeted, and designed

If you owe the IRS but can’t afford to pay in full, you’ve probably heard about settling your debt through an Offer in Compromise (OIC). But what most taxpayers don’t realize is this: the IRS

If you're overwhelmed by back taxes, facing liens or levies, or losing sleep over letters from the IRS, you're not alone. Many Plantation taxpayers have heard the ads claiming you can "settle your tax debt

If you've opened an envelope from the IRS, you're not alone. Below are the notices commonly received by South Florida taxpayers—along with actionable steps you can take and how Polaris Tax & Accounting can help

If you’ve received a notice that the IRS has placed a lien on your property, you’re not alone—and you’re not out of options. Tax liens are serious, but they’re also solvable with the right strategy

When you owe taxes but can't pay in full, the IRS offers a few different ways to help you stay compliant while avoiding aggressive collection actions. Whether you're dealing with a CP14, CP504, or Final

As more taxpayers in Tamarac and across Florida move to remote services, choosing a reliable virtual tax preparer has become a critical decision. Whether you're a busy professional, small business owner, or retired homeowner, the

When tax season rolls around in Tamarac, choosing the right tax preparer can make all the difference. At Polaris Tax & Accounting, we’ve seen too many cases where clients come to us after working with

One of the most important but least understood aspects of IRS collections is the Collection Statute Expiration Date (CSED). This date marks the end of the IRS’s legal right to collect a tax debt—and if

It’s a gut punch: you open your mail and see a notice from the IRS claiming you owe a tax balance. The problem? You already paid it. This situation is more common than people think,

An IRS levy is one of the most aggressive collection tools the government can use. If you're receiving threatening letters—or worse, you’ve already had money taken from your bank account or paycheck—it’s not too late