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Trust Fund Recovery Penalty (TFRP): What Every Business Owner Needs to Know

Trust Fund Recovery Penalty (TFRP): What Every Business Owner Needs to Know

by Noah Green CPA CFE | Dec 15, 2024 | Trust Fund Recovery

Running a business is no small feat. Between managing operations, serving customers, and handling payroll, the last thing you want is trouble with the IRS. But if your business fails to pay its payroll taxes, the IRS may come knocking, and they won’t just hold...
What Is Tax Resolution and Why Does It Matter?

What Is Tax Resolution and Why Does It Matter?

by Noah Green CPA CFE | Nov 7, 2024 | Tax Resolution

Tax debt can feel like a heavy weight on your shoulders, especially when those IRS letters start piling up. You may feel trapped, unsure of your options, or even afraid of what’s next. That’s where tax resolution comes in – a process designed to help individuals...
How to Navigate an Offer in Compromise: A Step-by-Step Guide

How to Navigate an Offer in Compromise: A Step-by-Step Guide

by Noah Green CPA CFE | Sep 30, 2024 | Offer in Compromise

If you’re feeling overwhelmed by tax debt, you might have heard about an IRS program called an Offer in Compromise (OIC). It’s a powerful tool that allows qualified taxpayers to settle their tax debt for less than the full amount owed. But understanding how to apply...
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