The FTC Warns About Tax Relief Companies

The Federal Trade Commission (FTC) is the nation’s consumer protection agency. It works to prevent fraudulent, deceptive and unfair business practices in the marketplace. It weighed in on the tax relief companies in an article posted on its website. Taxpayers should consider the FTC’s warnings before hiring a tax relief company. Unethical Tax Relief Practices…

Get a Notice CP2000 from the IRS? Here is What You Need to Know

No one wants to get a letter from the IRS. Even seeing the envelope is scary enough. The IRS’s Notice CP2000 is even scarier. The IRS issues Notice CP2000 to alert you to changes it is making to your tax accounts. It almost always means that the IRS is increasing the amount of tax you…