North Carolina Tax Blog

IRS Audit Help – What to Expect from an Audit

September 9, 2020

A NC tax attorney discusses what to expect from an IRS audit. Getting IRS audit help early in the process is key.

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IRS Tax Liens and Levies: Part 2

August 10, 2020

In depth look at the various types of IRS tax levies and how to avoid having your property seized by the government.

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IRS Tax Liens and Levies: Part 1

July 14, 2020

IRS Tax Liens  In this two-part series, we are going to take a closer look at IRS tax liens and levies. Let’s start by differentiating between an IRS tax lien and a local property tax lien. Property owners must pay property taxes to their local government to generate money for schools and public services. When…

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Top 8 Tax Audit Triggers – Catching the Attention of the IRS

June 11, 2020

What is a tax audit? And what triggers it? Let’s look into what may trigger the IRS to audit your tax return. The IRS and state tax authorities like the North Carolina Department of Revenue have authority under the law to examine your income tax return as well as any supporting documentation or other relevant…

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What Happens If I Do Not File/Pay Taxes?

May 1, 2020

Have you ever wondered what happens if you do not file your income taxes? Let’s take a look at the consequences.

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How Innocent Spouse Relief Unburdens Tax Debts

March 4, 2020

The Innocent Spouse Relief tax law was created to help provide some relief from tax debt under qualifying conditions.

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How to Get Out of Tax Debt in 2020

December 28, 2019

The new year often brings with it a aura of hope that comes from making resolutions and with this being the turn of a decade, you may be thinking now is the time to finally get out of tax debt. A huge tax bill, especially one you cannot fathom how to pay in full, can…

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IRS Complaint? Know Your Taxpayer Rights

November 25, 2019

When you receive correspondence from the IRS and feel that you are not being treated with professionalism and respect, you may want to initiate an IRS complaint. To know how to do this correctly, it is important that you understand your rights as an American taxpayer. Within the IRS agency is an independent organization founded…

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Digital Tax Administration: The Future of Tax Reporting & Transparency

October 22, 2019

Many business owners recognize a recent shift towards more transparency of data related to tax compliance and new approach to digital tax administration. This is a result of many issues including frequently changing tax policies, digital tools that allow for real-time reporting and the ability of tax authorities to execute more aggressive enforcement approaches. The…

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Back Taxes May Lead to Revoked Passports

September 10, 2019

Back taxes may lead to revoked passports. The IRS recently notified more than 400,000 taxpayers that their passports will be revoked for back taxes. Under Fixing America’s Surface Transportation (FAST) Act, the State Department must deny any passport applications or renewal requests from taxpayers owing more than $52,000 in back taxes. They will also revoke…

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