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![Received a wrong notice from the IRS? Don’t worry!](https://static.wixstatic.com/media/5270f0_a1fd8ae26ada426784750b7ea419ab1a~mv2.jpg/v1/fill/w_345,h_259,fp_0.50_0.50,q_90,enc_auto/5270f0_a1fd8ae26ada426784750b7ea419ab1a~mv2.webp)
Received a wrong notice from the IRS? Don’t worry!
Last week, the IRS had suspended sending balance-due notices to taxpayers while it continues to process its backlog of unopened mail. The...
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![Getting Wrong Notices From the IRS?](https://static.wixstatic.com/media/5270f0_14754c4710f045a69d707890a6578d1c~mv2.jpg/v1/fill/w_345,h_259,fp_0.50_0.50,q_90,enc_auto/5270f0_14754c4710f045a69d707890a6578d1c~mv2.webp)
Getting Wrong Notices From the IRS?
Last Thursday (8/13/2020), the IRS posted an update on their website that details their current status of operation. The IRS is currently...
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![What Happens If You Owe a Huge Tax Bill?](https://img.youtube.com/vi/fxp1Urs4vC0/mqdefault.jpg)
What Happens If You Owe a Huge Tax Bill?
What would you do if you owe the IRS a lot of money? You would obviously start panicking and ask yourself, “How did this ever happen to...
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![How to Utilize Net Operating Loss to Offset Prior Taxable Income](https://img.youtube.com/vi/CQySAC1TYuQ/mqdefault.jpg)
How to Utilize Net Operating Loss to Offset Prior Taxable Income
If you own a business and your expenses exceed your revenue, you may potentially have a net operating loss (NOL). The NOL is the result...