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Tax Relief

Living in tax hell? Find tax relief from IRS collections and audits. Essential information about IRS liens, levies, payment plans, and examinations. Also, learn how to request an installment agreement, prepare an Offer in Compromise, file your back taxes, and pay off your tax debts.
Hurricane Katrina Tax Relief
The Internal Revenue Service and various state tax agencies have granted tax relief to victims of Hurricane Katrina. Here's all the tax relief measures.
IRS Payment Plan - How to Request an Installment Agreement to Pay Tax Debts
Setting up an IRS payment plan is an easy way to pay taxes. Find out how to request an IRS installment agreement quickly and easily.
Filing Back Taxes: How to Prepare and File Late Tax Returns
If you haven't filed your taxes in a few years, you may be wondering what options you have. You may be surprised to learn that filing your tax returns can be the quickest way out of tax trouble. But you need to protect yourself. Here's how.
1040X: Filing an Amended Tax Return Using IRS Form 1040X
You should file an amended tax return if you need to correct your filing status, total income, tax deductions, or tax credits. You should not file an amended return if you are only correcting math errors. Tips for preparing an amendment.
Corporate Audits Continues to Shrink
The number of IRS audits for large and small business continues to decline, contrary to IRS claims about crack-downs on corporate tax evasion.
Back Taxes & Late Tax Filing - How to Solve Your IRS Back Tax Problems
Dear Tax Guide, The IRS sent me a letter demanding that I file my 1999 tax return. I have no records from this year. What should I do? Dear Reader, get a copy of your wage transcript from the IRS, and file a 1040. More tips on dealing with the IRS and filing your back taxes.
America's Taxes - Economist.com
The Economist provides an excellent overview of the big issues in tax policy, that the endless political wrangling over tax cuts versus government spending.
Offer in Compromise: What's New
You might be eligible to settle your tax debt for less than what you owe through the Offer-in-Compromise (OIC) program from the IRS. The IRS revised their instructions and forms for the offer program in October 2004. Find out what's new.
Understanding Your IRS Notice
The IRS sends notices to taxpayers in a variety of situations. Sometimes the letters from the IRS are not very clear. Here's help for figuring out what your IRS notice really means.
Offer-in-Compromise: Settle Your Tax Bill for Pennies on the Dollar
Instructions on how to submit an Offer-in-Compromise to the IRS to settle your tax debts for less than what you owe. Instructions and examples in plain English, from Nolo Press.
Sample Privacy Policy for Tax Clients
Every tax firm has its own privacy policy. You should ask your tax professional for a copy of his or her policy. This is a copy of the privacy policy I give to all my tax clients. It provides important infomration about how the client can protect the confidential nature of his or her tax information.
Indiana Tax Amnesty
Indiana's Department of Revenue is offering tax amnesty for people and businesses who haven't filed their tax returns, or who substantially understated their tax obligation. Ends November 15, 2005.
Minnesota Tax Shelter Voluntary Compliance Program
The Minnesota Department of Revenue is offering a limited-time tax relief program for people and businesses who participated in tax shelters. Taxpayers may submit amended tax returns to disclose their participation in a tax shelter in exchange for relief from penalties. Program ends on January 31, 2006.
Before You Apply for Tax Amnesty
Find out what tax amnesty is all about, especially the difference between limited-time-only amnesty programs and on-going voluntary disclosure initiatives. Get tax relief for those tax returns you haven't filed, or back taxes you are trying to pay off.
Your Taxes in Perspective
The Federal government spends an average of $7,149 per person. This represents every citizen's tax burden.
The President's Agenda for Tax Relief - Whitehouse.gov
Information about President G.W. Bush's plan for tax relief. Provides details on the President's tax policies for lowering tax rates, simplifying the tax code, and reducing consumer debt.
Substitute for Return (SFR) - Tax Glossary
Definition of Substitute for Return: a formal way for the Internal Revenue Service to make an educated guess about how much taxes you might owe.
Voluntary Compliance - Tax Glossary
Definition of voluntary tax compliance: a system of compliance that relies on individual citizens to report their income freely and voluntarily, calculate their tax liability correctly, and file a tax return on time.
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