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What Should I Do if I Received a CP504 Notice?

February 22, 2024Uncategorized

Receiving a CP504 notice from the IRS is a serious matter that requires prompt action to avoid potential consequences.   Understanding the CP504 Notice The CP504 notice means business—it's the IRS's way of saying your taxes are overdue and action is imminent. It's a last warning before they take harsher measures like property liens or wage garnishment.   What to…

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IRS Audit in Connecticut

February 8, 2024Uncategorized

Facing an IRS audit can be daunting, but with the right approach and expert guidance, you can navigate it confidently. We've compiled key steps to help you safeguard your financial interests during this process.   Step 1: Be Prepared Preparation is your first line of defense in a tax audit. Gather and organize all relevant financial documents, receipts, and records…

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Do I Qualify for an Offer in Compromise in Connecticut?

January 25, 2024Uncategorized

Tax debts can feel insurmountable, leaving you in search of viable solutions. An Offer in Compromise (OIC) offers a beacon of hope for resolving your tax issues. In this article, we'll delve into the intricacies of an OIC, examining the eligibility criteria and the invaluable benefits it provides. By the end, you'll have a comprehensive understanding of this powerful tax…

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