What To Do If You Can’t Pay Your Tax Bill

What Can you do if you can’t pay your tax bill?   You know you owe taxes!  You know you don’t have the financial means to pay them right now. What do you do? It is time to take action! Learn your options now! Contact RMS Tax Consulting and let them take action for you! RMS will remove the threat …

Couldn’t Pay the Employment Taxes Again?

So you couldn’t pay your Employment Taxes again this month- trouble in the form of an IRS agent is headed your way. Small business owners in distress over unpaid Employment taxes end up in my office, looking for information, guidance, and hope. The full breadth and range of tax problems keeping people awake at night is practically endless, but there …

CP2000 Letter Is The IRS Calling You A Tax Cheat!

Are You Holding an IRS CP2000 Letter in Your Hand? Ouch! This letter is the way IRS says “we caught you – tax cheat.” That is how the IRS thinks. I know you are just a person with an IRS problem and we want to help. You receive a Notice of Underreported Income – Proposed Adjustment if the IRS received …

Are You Terrified Of The IRS? IRS Audit Advice

Are you terrified of the IRS? If you are holding an audit letter in your hand, you have reason to be terrified. This is why you should never try to handle an IRS audit yourself. IRS audit agents are lethally experienced in interrogating taxpayers. They are the detectives of the IRS and they can appear to be very friendly when …

IRS Audit? What Does It Really Mean To Be Audited?

IRS Audit? What Does It Really Mean to be Audited? IRS Audit? What does it mean to be audited? Most people think of the word “audit” as one of the worst five letters words in the English language. But in many cases, the fear of it is actually worse than the audit itself. It helps if you understand your rights as …

Al Capone Sent To Jail For Tax Evasion

  Al Capone: Criminal Earnings are Taxable Income Al Capone was a famous gangster who was charged with the most severe tax crime: tax evasion. After he was imprisoned for just nine months for carrying a concealed weapon and two months for contempt of court, the feds began to build up a case of tax evasion against him. With millions …

Only 50 Days Until Your Income Tax Form Is Due

In only 50 days your income tax form is due to be filed with the IRS. For many of our clients, this is easy, they have a W-2 from their employer and their other tax information is easy to put together. They can look forward to receiving tax refunds. However, most of our clients are self-employed and that means that …

That IRS Letter In Your Mailbox Is Trouble

Imagine this you just opened your mail box and found an IRS Notice of Deficiency Letter, now start to shake and sweat- you knew this day was coming. That IRS letter in your mailbox is trouble. But now you just don’t know what to do. We can help we work with the IRS everyday of the week. Question. What do …

This IRS Letter Brings Bad News!

This IRS Letter Brings Bad News! Notice (Letter) of Underreported Income – CP-2000 Taxpayers receive notice CP-2000 if they do not report income on their return that was reported to the IRS by a payer. Also, if the IRS believes that payments, credits and/or deductions are overstated on the return, they may send notice CP-2000. The adjustment(s) to the return …