It’s important to use the correct filing status when filing your income tax return because it can impact the tax benefits you receive, the amount of your standard deduction, and the amount of taxes you pay. It may even impact whether you must file a federal income tax...
Buying a home with a federal tax lien. A tax lien is the government’s legal claim against your property. Tax liens are more powerful than levies or garnishments, which primarily target your current income. Liens protect the government’s interest in ALL of your...
These days there are so many filing options for taxpayers to get their tax returns prepared. With so many options available, you choose whichever option makes the most sense for you and your tax situation. Some are 100% free, while others come with a cost. But it’s...
Another tax season is upon us. For some people, filing their taxes is a huge relief. For others, it’s a source of stress over lingering uncertainties, even if everything was done by the books. This year, the stress is even more understandable. After a tumultuous 2020,...
Audits are on the rise. Although there is no guaranteed way to prevent an audit, following these six tips will help you reduce your chance of being audited and all the stress and costs associated with one. Beware of your deductions The IRS computer system may flag...
Gain back control of your IRS matters. Many people are guilty of procrastinating at one time or another but procrastinating on taxes is one thing we want to avoid. It’s the easiest way to fall behind on taxes, and it takes a lot of extra work to get caught back up. In...
Owe $ 10k, we can help! If you’ve been following this newsletter, you know we work with many taxpayers who face tax debts in the hundreds of thousands or more. But what if you owe less than that? What if you owe under $10,000? What are your best options? If you...
Are You Ready for a Fresh Start? After a tumultuous 2020, many people are looking to 2021 with optimism. As we take our first steps into the new year, this is a great time to plan and look ahead to the opportunities that are yet to come. And, as we look forward, many...
If you owe back taxes, a 2015 law gave the IRS the power to revoke your passport. They can certify to the State Department that a taxpayer has a “seriously delinquent” tax debt. Americans with seriously delinquent tax bills will be denied passports or passport...
When the IRS knocks, we respond. Consequently, at Landmark Tax Group, we work tirelessly to achieve the results our clients need to save thousands of dollars. Additionally, we want to help them finally move forward with their lives. And across the web, our clients...