Olive Branch Tax

02/18/2025

8 weeks until these tax returns are due...have you started? 👀

12/07/2023

Schedule a free call with your licensed tax advisor for:
-> Solutions to tax debts, audits, past-due filings, and other issues with our RELIEF services
-> Strategies to cut your taxes by up to 15%, baked into a suite of tax and accounting services with our PLANNING subscriptions

Eliminate IRS & SCDOR Tax Debt via Payment Plans, Settlements, Innocent Spouse, Audit Defense, and Penalty Relief

07/19/2023

Have you received a "Notice of Tax Lien" from your county? It may carry your county's seal and even correctly list the amount you owe; however, it could be a deceptive advertisement designed to mimic a government notice. So, before you sweat, here are a few things to look for:

1. Phone Number: a quick internet search shows this number belongs to a nondescript business in MO - not a government office in Greenville County, SC.

2. Estimated Amounts: when preparing a bill or other notice, it's unlikely the government will list estimated charges. Current penalty and interest rates will already be applied and actual amounts will be listed.

3. Small-Print #1: we don't have "the option to request cessation of information" like this; tax agencies are required to send their notices by law. It's a clue you're looking at an advertisement, for which we do have that option.

4. Small-Print #2: when "the information provided is sourced from the County Recorder's Office" you know it's based on information available to the public, another clue you're being solicited.

I hope this helps! Feel free to contact our office for clarity on any tax-related notice that's worrying you. :)

01/25/2023

It's that time of year again - the IRS e-File system is now open. Let's tax and relax! (Business owners, remember to send your team's W2s and 1099s by this Tuesday, January 31st.)

03/22/2020

IRS & SC filings are now due July 15th.
Stay clean and safe out there.
Message us for any advice on current or past due tax issues. Take this time to plan.
We’re here to help!

President Donald Trump ordered the IRS federal income tax filing extension to help deal with the coronavirus pandemic's economic fallout, Treasury Secretary Steven Mnuchin said.

10/30/2019

If you think you owe taxes, message us today to schedule a checkup with a licensed tax professional. Remember, the IRS will never:

— Request personal information, PIN codes, or passwords.
— Call to demand immediate payment over the phone, nor will the agency call about taxes owed without first having mailed you a bill.
— Threaten to immediately bring in local police or other law-enforcement groups to have you arrested for not paying.
— Demand that you pay taxes without allowing you to question or appeal the amount they say you owe.
— Require you to use a specific payment method for your taxes, such as a prepaid debit card, gift card, or wire transfer.
— Ask for credit or debit card numbers over the phone.

The Internal Revenue Service (IRS) is warning taxpayers about a Social Security number (SSN) scam currently making the rounds.

10/22/2019

The IRS has been forced to hand over 1.9 million delinquent accounts to private debt collectors, targeting financially vulnerable taxpayers with shady collection practices. Don’t let them pressure you into unaffordable payments. Contact our office to discuss your options with a licensed professional.

The Internal Revenue Service (IRS) has announced that a new payment option has been added to the private debt collection program. The payment option is intended to make it easier for those who owe to pay their tax debts, although some fear that it could lead to abuse.

09/20/2019

“Mistakes happen all the time - just maybe not quite this big.” Yikes! If you’ve been receiving a tax bill or notice that may be a mistake, message us today! We’ll help you sort it out quickly. 👍🏼

Smith, a part-time worker at a local thrift store, got quite the surprise when she opened a tax bill from the Colorado Department of Revenue to find that she owed $216,399,508 in taxes.

08/29/2019

Tax Deadline Alert: On September 16th, there are a number of deadlines hitting for individuals and businesses. Third quarter estimated tax payments are due, and 2018 returns are due for corporations, trusts and partnerships who requested extensions.

Now is the time to be wrapping up those details, if you haven't already. Call us for help!