Following the President’s March 13, 2020 emergency declaration regarding COVID-19, the IRS announced that they pushed the federal income tax filing deadline from April 15, 2020, to July 15, 2020. This means taxpayers can postpone [...]

If you receive income exceeding $100,000 and didn’t file your taxes in 2018 or years previous, prepare for a visit from an IRS Revenue Officer.  As part of its broader effort to ensure fairness, the [...]

As the IRS is known for their persistence in collecting taxes, having to owe them money is often a daunting prospect.  Fortunately, there are several ways to rid yourself of debts. However, despite the prevalence [...]

The tax deadline is right around the corner, and many people need help filing their tax returns. Although there is no shortage of help, taxpayers need to make sure their tax preparers possess the necessary [...]

To ensure efficiency and to prevent fraud and abuse, the IRS occasionally restructures its rules and regulations. We, at Paramount Tax Relief, also like to run a tight ship by staying in the know of [...]

Nothing says you’ve reached adulthood quite like filing your taxes. It can be a formidable task even for the most seasoned of tax-payers, but it’s not as complicated as you might think. As it’s our [...]