Unpaid Corporate Payroll Taxes – Can the IRS Come After Me Personally?
When you’re a business owner, you take on personal risk when it comes to payroll taxes. Learn what the IRS can do if your business has unpaid payroll taxes.
What is a Service Filed Return (SFR)?
Have you received notice from the IRS about a Service Filed Return (SFR)? If so, take action and seek help from a tax resolution professional today!
Do I Need a Law Firm, Accounting Firm, or Tax Resolution Firm?
If you owe thousands in tax debt to the IRS or state tax authorities, you may be wondering who to turn to for help. Learn what tax resolution professionals do.
What Is A 1098-F Form?
Under federal law, specifically the 2017 Tax Cuts and Jobs Act, State Agencies, including state treasury departments or state revenue departments, are now obligated to disclose specific amounts related to fines, penalties, and other monetary obligations resulting from a lawsuit,…
COVID-19 Business Relief Loans and IRS Updates
On March 27, 2020, President Trump signed into law the CARES Act, which provides assistance for small business owners (fewer than 500 employees). Below are the highlights of two programs available for small businesses, as well as recent IRS updates. Funds are being…
Trouble Contacting the IRS
Having trouble with the IRS? Having difficulty getting through to them? You’re not alone. According to the National Tax Payer Advocate, an independent organization within the IRS, phone lines to reach the IRS for taxpayers who want to make payment…
What to expect from the IRS during the shutdown
If you have been waiting to file your taxes due to the government shutdown, now is the time! As of January 28, 2019, the IRS is accepting returns and issuing refunds but tax experts are urging people to file this…
Lothamer is pleased to announce a new team member
We have a new addition to the Lothamer family in our office, Emma Schut. Emma is currently attending Olivet College in her third year pursuing a Bachelor’s degree in Accounting. Her future academic plans are to earn a Master’s degree…
The IRS has social media you can follow
Would you like a direct source for IRS tips or updates? The IRS has taken advantage of the many opportunities that social media has to offer us. Truth be told, the IRS does not want anyone to get in trouble,…
Learn all about IRS Criminal Investigations
How does it start? If the IRS suspects fraudulent activity from information given by a revenue agent, revenue officer, ongoing investigations by law enforcement agencies, professional offices, or even tips from the general public. This information is given to a…