Mon-Fri 8am-5pm ET
Form 5471 reports U.S. ownership of foreign corporations. Five filer categories, multiple schedules, $10,000+ penalties for nonfilers. Here is the structure.
IRS transcripts are coded documents most people cannot read. Here is what each transaction code means, which transcript to request, and what the codes reveal
No. Trust fund payroll taxes survive bankruptcy. Here is why, what the Bankruptcy Code actually says, and the alternatives that actually work.
What actually triggers an IRS audit? Here are the 10 specific red flags the IRS DIF system and human reviewers look for, and how to
An IRS bank levy freezes your account for 21 days before funds get transferred. Here is exactly how to release the hold within that window
Getting an IRS tax lien removed takes more than a phone call. Here is how lien removal actually works and where to get professional help.
The IRS does not use the 25% rule. They use Publication 1494, which can leave you with a small fraction of your paycheck. Here is