The IRS CP504 Notice and CP504B Notice We continue our series on IRS notices by discussing the Notice of Intent to Seize (Levy) Your Property or IRS CP504 or CP504B Notice. While the verbiage of this notice can be somewhat confusing and cause some undue alarm, this blog post will discuss what the notice means
IRS CP14 Notice This next series of blogs will provide an understanding of some of the various notices the IRS issues to Taxpayers. First on the list is the IRS Amount Due or IRS CP14 Notice. The notice may also be referred to as a “Notice and Demand.” Many IRS tax cases start with an
Notice of Tax Lien Have you received an IRS Notice of Tax Lien? This is a notice stating a tax lien is about to or already has been placed on your property or other assets. Here is what it means and what you should do next. What?A tax lien is a legal claim against your
Every year the IRS and Franchise Tax Board send out thousands of questionnaires to taxpayers for clarification on their tax filing statuses. We regularly work with clients at our tax law offices in San Diego, Orange County and Los Angeles to help them choose the correct filing status from head of household tax mistakes. Head
It happens to the best of us. We carefully prepare for an appointment with our accountant or we gather all our documents and go through the process of preparing our tax returns. A short while later we receive a notice from the IRS letting us know that we underreported our taxable income. Now what? Our
Same-Sex Marriage and Taxes The discussion continues and people are still debating the legal merits of the Supreme Court’s landmark ruling legalizing same-sex marriage. But there is one area people on all sides of the issue can agree upon—the ruling adds a lot of uncertainty to tax and property issues across the country. At our
Stop Identity Theft Stop Identity Theft! It seems like we keep reading the same stories over and over again—thieves have cracked a corporate network and stolen credit card and personal information from thousands of people. The latest breach comes from of all places, the IRS where thieves stole personal and sensitive information from more than
Should You Hire a Tax Attorney? It’s the kind of mail nobody wants to receive—a letter from the IRS. It’s pretty much given that any mail you get from the agency is most likely not going to contain good news. If you receive a letter from the IRS you have an important decision to make.
If you have received a CP102 notice from the IRS in the mail, they are notifying you of changes they made to your return because they believe there was a miscalculation. As a result of this, you owe money on your taxes. Here is what you need to do if you have received a CP102
If you received this notice, the IRS is notifying you that you have been re-certified for the Earned Income Tax Credit (EITC). The EITC is a benefit for taxpayers who work and have low to moderate income. This credit reduces the amount of taxes you owe and may also result in you receiving a refund.