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A Statutory Notice of Deficiency (SNOD) isn’t something that most taxpayers want to receive from the IRS. Such a notice shouldn’t come as a complete surprise unless a person has relocated or been away from home for some time. The IRS only sends a SNOD after sending...
When taxpayers owe money to the IRS, they may struggle to pay the full amount that is due by the deadline at issue. Fortunately, the IRS offers short-term and long-term payment extensions to help individuals and businesses manage their tax debt. Choosing the right...
It’s often suggested to structure your withholding so that you do not owe anything to the IRS or get a large tax refund. However, most family’s tax situations are in constant flux, and it can be hard to determine how much to have withheld from their paycheck. At some...