Posts Tagged ‘home equity’

Options for Business Owners Struggling to Meet the April 15 Tax Deadline

Thursday, March 12th, 2009

It’s tax time and the April 15 deadline is making many individuals and small businesses anxious. In this challenging economy, many people will be unable to pay their full tax bill on time.
I was recently interviewed by Entrepreneur magazine on options for struggling taxpayers and I offered expert tax tips on how to make a deal with the IRS.
I always say the most important thing to do if you can’t
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New IRS Review Process for Home Equity Could Help Settle Disputes

Wednesday, January 14th, 2009

I was recently interviewed by  Martin Vaughan from Dow Jones News for an article he was writing about the new circumstances under which the IRS would consider Offer in Compromise settlements that it would otherwise have rejected because of a home equity issue.
Under the Offer in Compromise program, the tax collector may settle with a taxpayer for less than the full amount of taxes owed. Under previous guidelines, the IRS
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