Experience. Dedication. Results.

Photo of Professionals at Law Office of Williams & Associates, P.C.

Month: November 2022

IRS Estimates Nearly $500 Billion Tax Gap

For the years 2014 through 2016 alone, the IRS estimates $496 billion in taxes due to the IRS went unreported, or unpaid.  This amount is about 85% of the amount of taxes paid voluntarily and on time.  Imagine if all taxes were reported and paid. This astonishing...

Thousands of Reps Hired for IRS Customer Service Line

4,000 new customer service representatives have been hired by the IRS to assist with the 2023 tax filing season. These new representatives are being trained to answer questions, to provide technical account management, and to understand taxpayer rights. IRS...

Student Loan Debt Not Forgiven From Taxes In California

President Biden’s Student Loan Debt Relief Plan will cancel up to $20,000 of debt to Pell Grant recipients, and up to $10,000 to non-Pell Grant recipients. The California Franchise Tax Board is reminding those eligible for the relief (those with individual income less...


FindLaw Network