I always tell my clients when they reach that threshold of $30,000 or more that it is best to incorporate and have an S Corporation to limit the self-employment tax. When you are wholesaling contracts or properties, you’re engaged in …
An offer in compromise is the IRS’ tax resolution debt settlement program. It’s a program for taxpayers who owe the Internal Revenue Service more money than they can afford to pay.
It’s the IRS’s version of a “fresh start” when …
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