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Category: IRS

14 Jan, 2014
Reaves & Lee

IRS Tax Season to Open January 31

A recent press release from the Internal Revenue Service announced their plans to open the 2014 tax filing season on January 31. The press release from the IRS also encouraged taxpayers to take advantage of Free File or...

30 Dec, 2013
Reaves & Lee

Mortgage Debt Relief Act to Expire

While home prices across the country have seen a steady increase for the first time in nearly six years, there is a looming storm on the horizon. For the many Americans hoping to take advantage of the Mortgage Debt Relief Act...

11 Feb, 2013
Reaves & Lee

IRS Extends Storm Relief

For those still suffering in the wake of Superstorm Sandy, there is some relief being afforded by the IRS. This formulation question primarily deals with damage dealt to businesses in the New Jersey and New York area as a...

28 Jan, 2013
Reaves & Lee

IRS Offers “Fresh Start” to Debtors

The IRS recently announced a new effort called the “Fresh Start Program,” designed to alleviate much of the debt suffered by taxpayers behind on tax payments. The program allows debtors more leeway for debt negotiation...

13 Dec, 2012
Reaves & Lee

Tax Debt Tips For 2012

As the year comes to a close there are many things to start thinking about in the new year, one being your taxes. Tax time comes quick after the New Year and could bring a hefty tax debt bill if you aren’t prepared. One...