Archive for December, 2008

Happy New Year from AtkinsSC.com

Dear Readers,
Can you believe that there is just one more day left in 2008?  It is hard to imagine that this year has gone by so fast.  While tomorrow will be a time to celebrate the entrance of a new year, today you can look forward to what that new year will bring.  We will [...]

Merry Christmas from AtkinsSC.com

Dear Readers,
This is an exciting time of year and I am excited to wish you a Merry Christmas on behalf of AtkinsSC.com.  While this time of year is a happy time it is also filled with hurry and stress.  It is my hope that you and your family will take the opportunity to spend some [...]

What Can I Do to Stop an IRS Levy?

QUESTION:
The IRS has placed a levy on my wages. What can I do to stop it?
ANSWER:
Getting the IRS to release a levy is not an easy task.  If you act quickly enough there are several ways we can help you prevent a tax levy. The type of action you must take depends on whether the [...]

What Documents Do You Need for an Offer In Compromise?

Question: I would like to submit an offer in compromise, but I have heard that the process is similar to an audit and that I will have to provide a lot of documents to the IRS.  What kind of information would I have to provide if I file an offer in compromise?
Answer: There are three [...]

Will I Get My Refund Back?

Question: I owed the IRS taxes in 2007 and have set up a payment plan.  When I file my 2008 return next year I will be due a refund.  Will I get my full refund since I am on a payment plan for my 2007 taxes?
Answer: The short answer is no.  Whenever you have a [...]

Too Late to File a Return?

Question: My son did not file a 2006 income tax return.  He earned about $12,000 and taxes were withheld from his income.  Is it too late for him to file a return?
Answer:  It is not too late to file a 2006 1040 income tax return.  If your son were to owe the IRS for taxes [...]