Author: Julie Brown

Tax debt can result in significant consequences for your clients, including wage garnishments, tax liens, or levies. Swift action, paired with expert guidance, is essential to help them regain control of their financial situation. Strategies for Resolving Tax Debts Include:·      Offer in Compromise (OIC):This program allows eligible taxpayers to settle their tax debt for less than the full amount owed. TaxAct Professional includes tools to help you assess eligibility, while Community Tax’s experienced team of tax negotiators can step in for complex cases requiring additional expertise.·...

2025 Preview: Confidently Navigating IRS Notices to Protect Your Clients Community Tax celebrates its 15th anniversary of operations in 2025 – and we know that our clients’ overwhelming response to a notice of outstanding tax debt is to do absolutely nothing. It’s only once the notices threaten seizure and levy that taxpayers start to react. And when they do – timing is of the essence. With the IRS stepping up enforcement in the coming year, many of you will be asked between now and April 15 to take quick action to: Prevent wage garnishment; Prevent liens on the family home; Kee...

Tax Season Readiness Guide - TY24 Preparing for each tax season can be daunting. Not to mention a lot of work. But it’s okay, *deep breath*, TaxAct Professional has your back.  To help alleviate some of the stress that comes with prepping for the upcoming tax season, we’ve created a new & improved version of our Season Readiness Guide for TY24*. This content is crucial for your tax firm to use in preparation for the upcoming tax season. Plus, it’s a great resource for you to utilize in the depths of tax season. What’s Inside: Key Changes for TY24 TY23 Checklists Important C...