Posts Tagged ‘IRS’

Dear John Letters From The IRS

Monday, January 18th, 2010

Undoubtedly, you are aware of Dear John letters. Often a young lady sent them to men in the military, often containing bad news. Well, the IRS sends them to taxpayers as well.

Dear John Letters From The IRS

The Internal Revenue Service sends out millions of Dear John letters to taxpayers every year. Instead of informing you of a break up, these letters let you know the IRS would like to get a bit closer. Before you bang your head on the wall, you should understand these letters are typically not the sign of impending doom.
(more…)

Dealing With Taxes If You Live and Work Outside The United States

Sunday, January 3rd, 2010

When solar cells first came on the scene in the 1950s, they were simple. Now, there are a wide variety of cells and more are coming as technology improves.

An Overview of Solar Cells Through The Years

Solar cells are the basic component of any active system used to convert sunlight into a form of energy. Traditionally, solar cells were used as the key part of panel systems that generated electricity or heat for homes. These days, the technology is used in a wide variety of applications, which means the style of solar cells vary per application.

A traditional solar cell consisted of some very basic pieces. The cell was typically a flat square made up of a glass or plastic panel attached over a crystallized silicone substance. The silicone was imbedded with metal wires. The process worked by having the sun strike the silicone, which kicked off neutrons. The neutrons produced a small electrical current that was collected by the wires. The electricity was in the form of direct current, which had to be converted to usable AC electricity with an inverter. The electricity was then stored in batteries or fed into the grid of the local utility company.

The problem with the first solar cells involved efficiency. To be frank, there was not much. Initial cells converted sunlight at a rate of one to six percent. More energy was lost in the conversion from direct current to AC. It worked, but was so inefficient that huge collections of solar cells were required to make enough energy.
(more…)

Correspondence From The IRS – Yikes

Monday, October 12th, 2009

It’s a moment every person dreads. You pick up the mail and there is an envelope from the IRS. It’s not a refund check. What do you do?

Don’t Panic

Each year, the IRS sends out millions of “correspondence audits” to taxpayers to request payment of taxes, notify them of a change to their account or request additional information. These audits normally cover a very specific issue, often notifying you of additional small amounts of income for which you owe tax. Each letter and notice provides specific instructions explaining what you should do if action is necessary to satisfy the inquiry.

Most correspondence can be handled without calling or visiting the IRS. You simply follow the instructions in the letter and the matter is put to rest. Alternatively, you can contact the IRS to contest the matter. Simply call the telephone number indicated on the letter or write an explanation as to why you disagree. Make sure to include copies of any supporting documentation you want considered by the IRS. Typically, it will take the IRS between one and two months to respond. During the first quarter of the year, it can take two to three months.
(more…)

Compromising With The IRS

Friday, August 21st, 2009

Few things threaten your well-being like the harassment and anxiety of persistent tax problems. Most people make 3 mistakes that get them in trouble with the IRS. They procrastinate. They attempt to represent themselves. They hire sub-par representation and now are in MORE need of help than ever before.

These are the kind of services a Tax Attorney can provide: Offer in Compromise Cases, Penalty Abatement Petitions, Full Audit Representations Business Strategy Sessions. Preparation and Filing of Tax Returns.

Settle taxes for Pennies on the Dollar owed, Stop IRS wage and bank levies (garnishments), Have property liens lifted, get affordable installment agreements, File bankruptcy against the IRS, Have penalties and interest forgiven, Reduce taxes by running out the IRS’ time to collect.
(more…)


Warning: include(/home/sobrunei/public_html/wp-content/themes/159/sidebar1.php) [function.include]: failed to open stream: No such file or directory in /home/sobrunei/public_html/wp-content/themes/159/archive.php on line 85

Warning: include() [function.include]: Failed opening '/home/sobrunei/public_html/wp-content/themes/159/sidebar1.php' for inclusion (include_path='.:/usr/lib/php:/usr/local/lib/php') in /home/sobrunei/public_html/wp-content/themes/159/archive.php on line 85
Link Partners
  • Be sure to get to Egg Bank for your Mastercard
  • Looking for a savings account? Let Citi Bank help you