When tax season rolls around each spring, most Texas citizens feel at least annoyance if not outright dislike for the Internal Revenue Service, or IRS. The IRS is responsible for collecting federal taxes and for enforcing tax laws. And like tax collectors throughout...
People in Texas may receive notification that the Internal Revenue Service is field auditing them. While a few exceptions exist, most field audits must occur within three years of a tax filing. Unlike other audits, these audits occur in person at a person's home,...
Tax litigation is not a position anyone wants to be in, but sometimes it is necessary to protect your interests. The Internal Revenue Service is known for being thorough and attentive to details, but sometimes they get things wrong. That’s when you have to pursue your...
One of the reasons most Texas residents file accurate tax returns each year is because the penalties for evading tax are severe. While this is true, relatively few Americans actually go to jail for failing to disclose all of their sources of income or claiming false...
When Texas residents owe back taxes and do not work with the Internal Revenue Service to resolve the matter, their paychecks can be garnished until the amount due is paid. The IRS usually sends taxpayers five letters before it takes steps to garnish their wages, and...
The IRS has a "Taxpayer Bill of Rights" that protects taxpayers in all states, including Texas. This document preserves the ability to dispute any IRS decisions and even initiate legal proceedings if necessary. Taxpayer rights Every US taxpayer has ten rights granted...
If you're a taxpayer in Texas, the prospect of a tax audit may be unsettling. But what exactly is a tax audit, and what can you expect? What are tax audits? A tax audit examines your tax returns and financial records to verify that the information reported is accurate...
An IRS audit can be stressful and time-consuming, but if you believe the audit's outcome is incorrect, you have the right to appeal. Here's a step-by-step guide for Texas taxpayers to appeal their IRS audits. Request a meeting with the IRS auditor Before officially...
Dealing with IRS debt can be stressful and overwhelming, but several options are available to resolve the debt and get back on track with your finances. Texas taxpayers can use one of the following ways of fulfilling any obligations they have with the IRS. Payment...
If federal tax authorities believe that you made an error on a recent return, that return may be selected for an audit. An audit is a more thorough review of the information used to calculate income, determine the size of a capital loss or to claim deductions in a...
