TaxAudit Blog

Let's talk about how the Tax Debt Relief process at TaxAudit works so you can decide if our company is the best for you. Read More ›

The first thing you want to do when choosing a tax debt relief company is confirm you are speaking to a licensed tax professional - EA, CPA, or tax attorney. Read More ›

Do you have tax debt? Would repaying this debt cause you financial hardship? If so, you may be eligible for Currently Not Collectible status through the IRS. Read More ›

You are an influencer and have a large enough following that you are making money from your online posting. What kinds of expenses can you deduct on your taxes? Read More ›

In Illinois you may not be subject to the penalty if you pay at least 90% of this year's tax or 100% of last year's tax in four equal timely installments. Read More ›

If you estimate that you will owe more than $400 in New Jersey income tax at the end of the year, you are required to make estimated payments. Read More ›

IRS Letter 525 is sent to let you know that your tax return was reviewed. A wise taxpayer should proceed with caution, yet swiftly, from this point forward. Read More ›

Both a tax deduction and a tax credit reduce the amount you may owe on your return, and possibly increase your refund. But how they get there is different. Read More ›

An IRS levy is the actual seizure of property you own. An IRS lien is a public document that notifies any creditors that the IRS has a right to your property. Read More ›

A CP08 is to let taxpayers know that they may qualify for the Additional Child Tax Credit and, in turn, could be eligible to receive a refund. Read More ›