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Tax Mediation News

  • Estimated Tax Deposits

    April 15 is the deadline for filing your tax return. For those who owe, there will be interest and penalties if you don’t pay those taxes on April 15th. However, for some tax payers, there may not be any penalties for balances under $1000. A tax expert will know the exact details to this and […]

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  • Importance of Filing under the Correct Status

    It is important to have your name, spouse’s name, address and social security numbers correctly on your income tax return, just as is your filing status. The filing status box you check influences several things: Credits Deductions Filing Requirements Tax Rate Having all the correct information is also necessary to when it comes to computing […]

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  • The Importance to Meet Tax Deadlines

    Everyone is familiar with April 15th as Tax Day, unless you’ve been living in another country, on another planet or under a rock, everyone is familiar with April 15th. For those individuals that typically get a refund, they look forward to this date. For those who typically pay in, they dread the date. Anyone that […]

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  • Back Taxes Can Be a Pesky Thing

    You filed all your back taxes and now you owe money to the IRS.  Welcome to the club! Around 8.2 million Americans owed more than $83 billion in back taxes, penalties and interest. That’s about $10,000 per person. Furthermore, in that same year, the IRS already had 3.8 million existing delinquency investigations. It added 2.5 million […]

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  • How to File Back Taxes with the IRS

    What to Know Before You Begin First and foremost, it is important to know that the IRS has an unrecorded policy about not prosecuting people that voluntarily file back taxes. This will be useful to know when you need to find data on taxes from years past. Nevertheless, it can be a completely different story […]

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  • The Advantages of Seeking Help from a Professional Tax Relief Firm

    The number of Americans suffering from an unresolved tax debt is growing significantly every year. Also growing, is the number of Federal Tax liens and levies the IRS is filing. The IRS is typically persistent in their search to collect from those with outstanding tax debt. It can be extremely overwhelming and stressful for the […]

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  • Did you know that the IRS Can Seize Your Income Tax Refund Money for the following reasons?

    Did you know that the IRS Can Seize Your Income Tax Refund Money for the following reasons? You have been waiting for so long for the fat refund check to show up in the mail, yes that fat check that you were promised by your tax preparer after you finished filing your taxes, however the […]

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  • Where’s My Refund? – It’s Quick, Easy and Secure

    At Tax Mediation Services, we receive numerous calls from tax payers requesting the status of their refund. For that reason we decided to create this post to help tax payers finding out the status of their refund. Before you can check the status of your refund, you are going to need the following: Where’s My […]

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  • How to Remove an IRS Tax Levy

    Ways To Remove or Release A Tax Levy Once you receive a notice of intent to levy from the IRS you will have thirty days until the IRS will begin seizing assets. The IRS will then continue to seize your assets until the money received from those assets covers your tax bill plus all subsequent […]

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  • Payment Plans, Installment Agreements

    Payment Plans, Installment Agreements If you’re financially unable to pay your tax debt immediately, you can make monthly payments through an installment agreement. As long as you pay your tax debt in full, you can reduce or eliminate your payment of penalties or interest, and avoid the fee associated with setting up the agreement. Before […]

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