Congress Wants to Eliminate the IRS

Dumb ideas like to resurface from time to time for dull, greedy people to masturbate verbally. The current Republican plan is to eliminate the IRS, income taxes, and payroll taxes and then institute a very large sales tax. I am a tax expert and that could work for a quick minute and then those same greedy ass people who evade …

Do You Mostly At Home Now?

Qualifying For The Home Office Deduction In recent years, many people have pivoted to working from home, and that brings up tax questions. If you’re one of those people, you might wonder, “Can I claim the home office deduction on my 2022 tax return?” If you are an employee and get a W-2 form, you probably cannot use this option. …

Where Is My Big Refund?

Changes in the Tax Law for 2022 Some tax credits return to 2019 levels. This means that affected taxpayers will likely receive a significantly smaller refund compared with the previous tax year. Changes include amounts for the Child Tax Credit (CTC), Earned Income Tax Credit (EITC) and Child and Dependent Care Credit.

The Incredibly Shrinking IRS

The many headlines about the IRS are just so much shit! No credibility. Just Congress trying to protect their rich contributors from their old enemy an Internal Revenue Service Employee with the power to summons their financial information. I had that power as a Senior Revenue Officer with the IRS for 33 years. I used to be one of those …

Feels Like I was Sentenced to 42 Years of Doing Tax Work

I started working for the Internal Revenue Service in 1981.  I was a tax collector for 33 years.  Then I retired and in a quest to help people with the challenging tax dragon, I started RMS Tax Consulting LLC.  I represent people in their troubles before the IRS.  I also do tax returns.  Sometimes it feels like I have been …

Are You Like A Turtle In It’s Shell?

I found a turtle the other day in my path. Turtles are quite common in Arizona, but I had never come across one before. I named her Laurie. She looked like she had gone through some major stuff in her life before she met me, nicks and marks on her shell. She was very shy and looked like she would …

Frightening Mail: Final Notice of Intent to Levy – CP90

The IRS will issue a Final Notice of Intent to Levy, CP90, when you owe back taxes and have not responded to earlier IRS notices regarding payment. This is the final notice you will receive regarding payment of your back taxes before the IRS initiates a levy.  If you have received a CP90 and need the services of a tax …

Tax Debt : Can It Weaken Your Credit Score?

If you owe back taxes, the IRS does not report the debt to credit agencies. In other words, your credit report does not show any balance due for taxes. However, if the IRS places a federal tax lien for non-payment of back taxes, the lien will appear on your credit report. Usually, the IRS files a lien for amounts of …

How Tax Debt Can Negatively Affect Your Job

Discovering that you owe tax debt can be a truly stressful experience. Your IRS problems may even spread beyond the relative comfort of your home, potentially impacting your job or employment prospects. Before dismissing a delinquent tax balance as “something to handle later,” you need to consider what consequences can befall your professional life. Also, understand that resolving your tax debt is within …