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Traxion Tax Blog

What’s Involved With an IRS Offer in Compromise

By Traxion Tax July 26, 2019
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An IRS Offer in Compromise Each year, nearly one out of every four Americans owes the government federal income taxes. For many of this 25%, the amount owed is overwhelming.…

What to Know About IRS Collection Notices

By Traxion Tax July 12, 2019
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What to Know about Collection Notices A common misconception about the IRS is that it’s this soul-less behemoth of a government agency that is out to get you with unrelenting…

Do I Qualify for the IRS Fresh Start Initiative?

By Traxion Tax July 11, 2019
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Do I Qualify Do I Qualify for the IRS Fresh Start Initiative? A nightmare scenario for many small business owners and individuals starts with getting bad news from the IRS.…

Why Am I Being Audited?

By Traxion Tax May 31, 2019
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First off, don’t panic if you learn you’re being audited by the Internal Revenue Service! TV and the movies make a federal tax audit seem more common and serious than…

Tax Relief Scams

By Traxion Tax May 31, 2019
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How to Avoid a Tax Relief Scam With some products and services, you can never be too careful. Take a used car for example – you wouldn’t trust a salesman’s…

4 Reasons Why Tax Education Is Important for Business

By Traxion Tax May 31, 2019
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Why is it so important? We’re going to level with you here: no one likes paying taxes. Taxes are unavoidable for every American, and understanding them is a very important…

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