Tax Blog
Recent Posts
Firm News: Porter Law Office, LLC Secures IRS Installment Agreement
Recent IRS Installment Agreement Approval Porter Law Office LLC recently helped secure an approved IRS installment agreement for a taxpayer. The installment agreement negotiations required extensive understanding of the non-streamlined installment agreement...
Year-End Tax Planning: Things to do before Dec. 31
Year-end planning: Get ready for the upcoming tax filing season by doing these things. As tax filing season approaches, there are several things that you should do before the end of 2019. This article outlines several year end tax planning items that all taxpayers...
IRS ITIN Renewal 2019 | Renew Early to Prevent Refund Delays
If your ITIN will be expiring at the end of 2019, renew it now to avoid refund delays next year. The Certifying Acceptance Agent (“CAA”) at Columbus, Ohio-based Porter Law Office, LLC assists individuals with obtaining ITINs from the Internal Revenue Service (“IRS”)....
Firm News: Porter Law Office, LLC Recently Helped Two Taxpayers Settle a Tax Liability with IRS
Porter Law Office LLC recently helped secure an approved IRS offer in compromise for two clients. Both offers required proper understanding of the IRS's reasonable collection potential (RCP) as the means to settle a tax liability. An offer in compromise, or OIC,...
I Received a CP2000 Notice from the IRS: What to Do Next?
The IRS is sending CP2000 notices to taxpayers because items from their tax return do not match information from employers, banks, or other third parties. If you have received a CP2000 from the IRS, then you should know that the IRS has conflicting information from...
Reasonable Collection Potential for IRS Offer in Compromise
A common misconception about the IRS's offer in compromise program is that you can offer any amount of money to the IRS and then just negotiate a settlement. In most cases, the IRS will not accept an OIC unless the amount offered is equal to, or greater than, your...