Michael D. Sullivan, a Former IRS Agent, leads a nationwide team of tax professionals at MD Sullivan LLC, based in Florida. Our team includes experienced Tax Attorneys, Lawyers, CPAs, Enrolled Agents, and ex-IRS Agents, offering over 250 years of combined IRS resolution experience. We specialize in resolving IRS back tax penalty cases efficiently and effectively. Michael D. Sullivan provides immediate representation to stop IRS intrusions into your business and personal life, ensuring peace of mind. For IRS tax relief, expert tax solutions, and top-tier tax services in Florida, trust MD Sullivan LLC.
The Taxpayer Advocate Assistance is now enduring a significant quantity of guidance requests resulting from tax return processing delays.
Trump's touch upon IRS staffing was made over the president's very first swing-condition rally considering that taking Office environment on Monday. Nevada, wherever Trump produced guarantees of eradicating the tax on strategies all through his presidential campaign, was One of the seven swing states that gave the Republican a sweeping victory in November. It had backed the Democrat within the preceding four White Home races.
Eligible households, such as family members in Puerto Rico, who Will not owe taxes to the IRS can claim the credit score through April 15, 2025, by submitting a federal tax return—even if they do not normally file and also have little if any cash flow.
You owe tax due to the fact your husband or wife didn’t report deductions or didn’t include things like cash flow with your joint tax return.
Do you know There exists a Taxpayer Invoice of Legal rights? The taxpayer Bill of Legal rights is grouped into 10 effortless to comprehend categories outlining the taxpayer legal rights and protections embedded within the tax code.
“The IRS proceeds to work hard to create improvements and support taxpayers,” mentioned IRS Commissioner Danny Werfel. “These payments are an illustration of our IRS offer in compromise motivation to go the extra mile for taxpayers. Investigating our internal data, we recognized that a million taxpayers disregarded saying this complex credit rating every time they ended up really suitable.
The IRS sends CP14 notices to Permit men and women know they owe money for unpaid tax expenditures. When you disagree with the quantity the IRS states you owe, it is possible to dispute it by contacting the IRS support amount on your recognize.
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Numerous taxpayers are unaware of tax credits and deductions for which They may be eligible or face other obstacles retaining them from professing them. The IRS might be reminding taxpayers about these credits, such as the Gained Money Tax Credit score, through the 2025 filing period.
"Given that the IRS has actually been planning to return to usual assortment mailings, we have been worried about taxpayers who haven’t read from us shortly suddenly acquiring a larger sized tax Monthly bill," IRS Commissioner Danny Werfel explained within an company release.
Skilled taxpayers are those who filed a 2021 tax return, but the place the info area for that Recovery Rebate Credit rating was remaining blank or was filled out as $0 once the taxpayer was essentially suitable for that credit history.
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We charge desire on penalties. Fascination boosts the quantity you owe until you pay out your balance in full.
Take note: You are able to’t Get the AGI around the telephone. You will find your AGI in your on-line account or on previous 12 months’s tax return – ask for a duplicate.