by Action Tax | Tax Blog
Now that people are communicating daily using social networks such as Twitter, Facebook and Instagram, they’re letting the cat out of the bag in regards to their personal and financial secrets. Of particular concern, are those who are asking questions online seeking...
by Action Tax | Tax Blog
Have you ever received a letter from the IRS? Chances are you have. They mail out millions of notices every year. Below are 7 tips on how to respond to a letter from the IRS: Don’t throw the letter away or stash it under your other bills. Respond to it immediately....
by Action Tax | Tax Blog
The Earned Income Credit was designed to aid needy families but unfortunately is being used by those who are using it fraudulently. Last year, the IRS paid more than $13 billion in tax credits to people who may not be eligible. This abuse of this program is hurting...
by Action Tax | Tax Blog
If you find that you’re unable to pay back debt owed to the IRS, you can arrange to make payments through an installment plan. If you pay in full, you are able to avoid paying penalties and interest. Before applying to pay via installment plan, make sure all required...
by Action Tax | Tax Blog
The definition of a Federal tax lien is when the government has a legal claim against your property because you either neglected or failed to pay your tax debt. The government does this to protect its interests in your real estate, personal property or financial...
by Action Tax | Tax Blog
Franchise Tax Board Contacting Business Tax Nonfilers Sacramento –The Franchise Tax Board (FTB) is sending letters to more than 45,000 California businesses that have not filed their 2012 state income tax returns. Each year FTB reviews more than 5 million income...
