A reader wonders if the current situation means he can renegotiate to settle his IRS and state back taxes.
Jacob Dayan was born and raised in Chicago and worked in New York City as a financial analyst at Bear Stearns. In 2009, he returned to Chicago to be with his family and pursue a career assisting consumers and small businesses with various financial needs. In 2010, he co-founded Community Tax LLC, a full-service tax company helping customers nationwide with all of their tax resolution, tax preparation, bookkeeping, and accounting needs. He’s a licensed attorney in Illinois who graduated Magna Cum Laude from Mitchell Hamline School of Law and has worked with more than 60,000 clients – resolving more than $400 million in tax liabilities.
A reader who knows they’ll owe is also facing a furlough. Our expert explains how to decide when to file given the new July 15 deadline from the IRS.
Just because your spouse decides to scam the IRS, it doesn’t excuse you from filing.
A reader wants to know how to set income tax withholding on a new job to avoid a tax bill in April.
A reader wants to know if there’s any silver lining to taking a loss on a real estate investment.
The IRS wants to charge a retiree for moving his IRA CD, but he may be able to avoid getting taxed.
Filing form 1040X may get you your refund, but don’t expect a fast turnaround.
The simple answer is no, but it’s never simple with the IRS.
A reader’s small business owes a big tax debt.
A reader’s wife has left him, but they’re still married. Yet she just filed her own taxes.