How Important Are Enrolled Agents?

IRS Tax Attorney Network Enrolled agents, or EA’s, are authorized tax practitioners who represent taxpayers before the IRS. They have technical expertise in federal taxes and have the privilege to represent American taxpayers for appeals, collections and audits before all administrative levels of the IRS. IRS Tax Attorney Network adds that enrolled agents are licensed…

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What Is an Amended Return?

IRS Tax Attorney Network An amended return is a corrected return that is filed by a taxpayer after an incorrect return had been filed earlier. It may have corrections concerning the filing status of the taxpayer, income figures, deductions, or tax credits. Any miscalculation on the part of a taxpayer does not require filing an…

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The Hidden Details of an Offer in Compromise

IRS Tax Attorney Network An Offer in Compromise is a tax debt payment settlement between a taxpayer and the IRS that reduces the tax debt amount of the taxpayer so that the tax debt can be paid. An Offer in Compromise is unlike other IRS debt payment programs where taxpayers are required to pay the…

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Tax Scams Truth: Share Your Tax Stories

IRS Tax Attorney Network Tax scams have been rocking the country every now and then. Apart from the headlines these multi-million dollar tax scams made in the news, they are essentially stories about people, taxpayers who lost thousands of dollars in tax scams. They were people who were already in a financial crisis because of…

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What Is a Tax Resolution Firm?

IRS Tax Attorney Network Tax resolution firms provide the necessary tax debt relief services taxpayers need when facing an IRS tax debt. Most tax resolution firms employ an array of tax professionals, including tax attorneys, enrolled agents, certified public accountants, and former IRS agents, all with a particular expertise in tax law and negotiating resolutions…

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