Bookkeeping

If you want to settle tax debt yourself, simply download the IRS Form 656 Booklet. The IRS does have the authority to write off all or some of your tax debt and settle with you for less than you owe. An IRS levy permits the legal seizure of your property to satisfy a tax debt. […]

If there’s a genuine hardship, such as a disaster affecting your data systems, you can request a single 30-day extension for furnishing recipient copies. If your recipients consent, you can send copies to them electronically, provided they can easily opt out. IRS regulations stipulate that these statements must remain accessible until October 15. If you