Monthly Archives May 2018

Are you Taking Advantage of the New Tax Law Benefits?

May 31, 2018 | by | Comments Off on Are you Taking Advantage of the New Tax Law Benefits?


Read More

Categories: Industry News and Newsletter and Updates.
Tags: accountant, accounting, act, benefits, ca, california, certified public accountants, cpa, cpa firm, distributors, law, manufacturers, new tax law, oc, orange county, orange county cpa, southern california, tax, tax changes, tax cut, tax firm, tax law, taxation, taxes, the act, wfy, and wright ford young.

What Is an Offer in Compromise with the IRS?

May 17, 2018 | by | Comments Off on What Is an Offer in Compromise with the IRS?

An offer in compromise can make you happy: “Oh boy, the IRS said yes, and my tax debts are over!” Or it can frustrate you. Let’s go over how to navigate the IRS settlement guidelines and see what an offer in compromise entails. Here’s the good news: An OIC can be a fresh start from your IRS debt. You no longer have to worry that the IRS will seize your wages or bank accounts. Your credit score will no longer show any tax liens against you — the IRS releases them all. IRS collections are put on hold and the
Read More

Categories: Industry News and Newsletter and Updates.
Tags: accountant, accounting, bankrupt, compromise, cpa, cpa firm, debt, firm, IRS, oic, tax, taxation, wfy, and wright ford young.