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larger tax bill. The IRS should be looking out for taxpayers, and this penalty relief is a common-sense approach to help people in this situation," said IRS Commissioner Danny Werfel. "We...
Founded in 2011, Optima Tax Relief has helped thousands of Americans nationwide resolve their IRS and state tax issues.
The term tax relief refers to various programs that help individuals and businesses lower their tax bills and settle their tax-related debts.
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Learn the best ways to resolve your IRS tax debt through payment plans, offers in compromise, and other relief options
Taxpayers who are behind on their taxes or struggling to make payments may be able to take advantage of IRS tax debt relief programs, such as a temporary pause on collection or a payment plan.
Employee Retention Credit available for many businesses financially impacted by COVID-19 ; The ARP modified and extended the employee retention credit (and the availability of certain advance payments of the tax credits) for the third and fourth quarters of 2021, See Notice 2021-49 PDF and Revenue Procedure 2021-33 PDF for guidance on the third and fourth quarters of 2021. See Notice 2021-24 PDF for guidance on the ability to reduce deposits and, in some cases, request advances for the employee ...
The IRS announced Friday that most relief checks issued by states last year aren't subject to... Friday, the IRS said it would not tax the refund. Maine was another example of states where...
Many of the payments have been dubbed inflation relief checks.... tax refunds or payments" from the past year. There are differing reports of which states' programs might fall under the IRS...