Help for Your Tax Problems
-
services
- July 28, 2021
How the IRS Tax Collections Process Works
The whole world has been in the grasp of the Coronavirus for the past two years. During this time, the government has done many things to try and aid people financially. There have been three different stimulus checks sent out, the federal government provided extra money for unemployment benefits on top of what the states […]
Read More-
- July 27, 2021
Case Study: Saving Mrs. B $27,000 in Taxes
After helping countless individuals with their tax issues, one thing we have learned is that no two situations are exactly alike. Any good tax professional knows that there are so many moving parts to qualifying for the different IRS programs available. This is why we at Innovative Tax Relief start every case by doing what […]
Read More-
- July 22, 2021
Case Study: From Owing the IRS $36,000 to $3,000
There are many different types of situations that force people to come out of “hiding” from their tax issues and make them face the IRS to get themselves back on track. Many times it is the result of some sort of involuntary collection action by the IRS or at least the threat of such. Other […]
Read More-
- July 21, 2021
Case Study: $180,000 Tax Liabilities Reduced to $9,600
In speaking with potential clients, we have always held a firm line when it comes to promising results. Many people want promises and guarantees of a substantial reduction of their tax liabilities right away when they contact us. In essence, they just want to be sold on false promises. But if you as a tax expert […]
Read More-
- July 19, 2021
Case Study: Saving Mr. B $28,000 in Tax Liability
Throughout our many years of working with clients that have profoundly serious situations with the IRS, we have met many different types of people. For example, we have been contacted by people that owe small balances and call immediately after they receive their first letter from the IRS. They insist on hiring representation to make […]
Read More-
- July 16, 2021
How to File a Final Tax Return for Decedents
The last thing that anybody wants to think about when they lose a loved one is filing their taxes. Unfortunately, if the deceased were normally required to file, then someone would be required to file a final tax return on their behalf. In many of these situations, the decedent may be leaving a spouse behind […]
Read More-
- July 14, 2021
A Guide to the Qualified Business Income Deduction
In 2017, there were major changes to tax law. The Tax Cuts and Jobs Act included reductions in tax rates for businesses and individuals, increasing the standard deduction and family tax credits, eliminating personal exemptions, and making it less beneficial to itemize deductions, limiting deductions for state and local income taxes and property taxes. With […]
Read More-
- July 13, 2021
Case Study: Completely Eliminating IRS Payments
Throughout my years in this industry, it is always tough speaking to people in awful situations with the IRS. When someone’s financial situation is so tight, I always try to steer them to try to contact the IRS directly first in hopes that the IRS would see how bad their situation really is and try […]
Read More-
- July 12, 2021
Success Story: $130,000 Tax Liability Saved and Levied Money Returned
Over our years in this industry, we have always hated the conversations with taxpayers that we know we could have helped, but they have either gone too far on their own with the IRS or the IRS has already taken the full amount of the liability owed through a garnishment or a levy. It is […]
Read More-
- July 9, 2021
Case Study: 72% Saved on an IRS Payment Plan
I’d like to tell you about a client that we recently helped settle an IRS tax liability that you might be able to relate to. We will call her Ms. W to respect her privacy. The Collection Letters and Loss of Sleep When Ms. W first contacted us, she was beyond frantic. She had received […]
Read More