Author Archives: John

About John

John E. Jones, EA is an Enrolled Agent enrolled by the US Department of Treasury and has been granted the privilege of representing taxpayers before the IRS. John's specialty is general tax debt resolution and more specifically representing extreme hardship cases and seniors with compliance and resolution.

Offer In Compromise – The worst things to do.

#1 Wait! As soon as you know that you’re going to have a tax debt you need to get on top of it. That doesn’t mean that you’re going to settle right now. It means that you’re going to start … Continue reading

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Top 10 IRS Audit Red Flags

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Top 10 IRS Audit Red Flags No one wants to pay more income taxes than they are required to but be careful if you do your own taxes. Attempting to cut your tax liability by getting into IRS grey areas can … Continue reading

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Self-Employed and Freelance Taxes

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Tax Tips for the Self-Employed: A Freelancer’s Guide to Paying Taxes If you are an employee, you get a paycheck every pay period and most likely pay little attention to your taxes until the end of the year. Your employer … Continue reading

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Rideshare Tax Help, 1099’s, Schedule C’s and 1040SE

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Hello Rideshare Drivers and 1099 Self Employed.  Welcome to taxxfire.com! We have recently been hearing from some Rideshare drivers questions about how to prepare the Schedule C and other IRS forms. The biggest issue for many of you has specifically … Continue reading

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Can I change my mind after I agree to an Installment Agreement?

Conditions of your finances It’s often asked whether you can change an Installment Agreement to some other agreement after you agree to the first agreement. The answer is yes. The financial conditions that existed at the time of the installment … Continue reading

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www.taxxfire.com Americas Premier Interactive Tax Debt Blog

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IRS Private Debt Collection Agencies that the IRS uses

Background In December of 2015 Congress passed a law that allowed for IRS Private Debt Collection Agencies to collect inactive tax receivables. Generally the type of cases that the IRS has turned over to them are cases that have gone … Continue reading

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IRS Notices CP-90 and CP-504 and why you should be concerned.

IRS Notices CP-90 and CP-504 why you should be concerned. CP-90 and CP-504 are both IRS letters of final warning. Pay attention to them or you may have your money levied. The IRS can and will Levy from your bank, … Continue reading

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Offer in Compromise 35,000 were rejected in 2017, THAT’S GREAT!

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Offer In Compromise 35,000 were rejected in 2017, THAT’S GREAT! Each year, the IRS publishes a “Book Of Data” which describes IRS activity for the period as well as detailed information regarding the IRS budget, tax collection, taxpayer assistance, and … Continue reading

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IRS Transcripts Monitoring and why it’s necessary.

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Why IRS Transcript monitoring is Important. IRS Transcript monitoring is a very useful tool. It’s a tool that allows us to follow what the IRS has done and may do. The IRS follows a fairly strict process or order in … Continue reading

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#1 Tax issue for spouses of the self employed.

Do you trust your partner with your taxes?  Don’t ! The IRS Innocent Spouse may help you. Look at some of the warning signs. Do you know for sure if your spouse has a tax debt problem? If you asked … Continue reading

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Call Optima Tax Relief for the Fresh Start Initiative, says Mark Levin.

On the Radio Optima Tax Relief is one of the Nations largest Tax Resolution Companies. Mark Levin is one of the biggest radio talk shows in America. It makes sense to call them, or does it?. Why? We all have … Continue reading

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IRS 433A Financial Statement

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NEVER submit a 433A Financial Statement or even talk about financial information with the IRS without Professional help! The 433A Collections Information Statement or 433A Financial Statement is the tool which the IRS determines your ability to pay. Properly filling … Continue reading

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Las Vegas asks, What happens if my Offer in Compromise is rejected?

Las Vegas asks, What happens if my Offer in Compromise is rejected? The Question, what happens if my Offer in Compromise is rejected is asked frequently.  The simple answer is that before you submitted your Offer in Compromise you most … Continue reading

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Q: What Happens to Penalties and Interest in an Offer in Compromise?

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OIC and Penalties and Interest Penalties and Interest as well as principle represents a number that the IRS considers full pay. When an OIC is filed it’s understood that the taxpayer is requesting that the IRS consider a number that’s less than full pay. Depending on … Continue reading

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