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Author: Randy Martin CPA EA CTRS

fake tax credit promoter
Tax Relief Insights & IRS Help Articles
A Promoter Promised You a “Special Tax Credit.” Does It Even Exist?

A promoter promises a large refund through a “special tax credit” your accountant supposedly missed. Before signing anything, learn how to verify the credit, spot questionable claims, and protect yourself if the paperwork has already been filed.

2026 Premium Tax Credit repayment
Tax Relief Insights & IRS Help Articles
Your Marketplace Discount Looked Right. Why Do You Owe It Back?

Your Marketplace discount may have looked correct until a bonus, business payment, investment gain, or other income changed the final calculation. Learn how the 2026 Premium Tax Credit income limit works, why full repayment may be required, and what to check before accepting the balance.

No Tax on Overtime
Tax Relief Insights & IRS Help Articles
You Were Told “No Tax on Overtime.” Why Is Tax Still Coming Out?

You worked extra hours after hearing that overtime was now tax-free. Then your paycheck arrived with federal income tax, Social Security tax, and Medicare tax still coming out. Learn what the No Tax on Overtime deduction really covers, which part of your pay may qualify, and what to check before changing your withholding.

Premium Tax Credit repayment
Tax Relief Insights & IRS Help Articles
Your Premium Tax Credit Became a Tax Bill. What Happened?

Your Marketplace health insurance was discounted all year, but now your tax return says you owe money. Learn why a Premium Tax Credit repayment happens, how income or household changes affect the calculation, what to check on Forms 1095-A and 8962, and what to do if the amount is wrong or you cannot afford to pay it.

new IRS mobile app
Tax Relief Insights & IRS Help Articles
You Downloaded the New IRS Mobile App. What Can It Actually Do?

The new IRS mobile app replaced IRS2Go and lets taxpayers check refunds, review balances, make certain payments, view selected notices, access transcripts, and retrieve an Identity Protection PIN. It does not replace IRS.gov or solve every tax problem, so it is still important to understand what the information in the app means.

investment scam tax deduction
Tax Relief Insights & IRS Help Articles
You Lost Money to an Investment Scam. Can the IRS Treat It as a Tax Deduction?

Losing money to an investment scam is painful enough. Then comes the difficult tax question: Can any of that loss be deducted? A recent Tax Court case allowed taxpayers to claim a $925,000 theft loss, but that result does not mean every scam victim qualifies. Learn what the court considered, why the year of the loss matters, how possible recovery can affect a claim, and which records may help support an investment scam tax deduction.

principal residence home sale exclusion
Tax Relief Insights & IRS Help Articles
Principal Residence Home Sale Exclusion: 7 Ways to Prove It

A taxpayer sold two properties in the same year and argued that one qualified for the principal residence home sale exclusion. But his driver’s license, utility records, and other facts raised questions about where he actually lived. This 2026 Tax Court case shows why calling a property your main home may not be enough. Learn seven ways to prove your principal residence, calculate your home’s adjusted basis, and prepare for an IRS review.

IRS audit reconsideration
Tax Relief Insights & IRS Help Articles
IRS Audit Reconsideration: Can You Reopen the Case?

A completed IRS audit may not be the end of the case. Learn when IRS audit reconsideration may be available, what evidence the IRS needs, and why collection deadlines still matter.

late S corporation return penalty
Tax Relief Insights & IRS Help Articles
Your S Corporation Missed September 15. How Fast Is the Penalty Growing?

Your extended Form 1120-S deadline passed, but the return is still unfinished. The late S corporation return penalty may grow by penalty month and multiply by every shareholder. Here is how the calculation works, what other charges may apply, and what the business should do next.