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Powell Tax Law Blog

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What Happens If You Ignore an IRS Notice?

While the odds of getting audited by the IRS are very slim – only 0.2 percent of individual income tax returns filed for the 2020 tax year faced an audit – receiving an IRS notice in the mail is far more likely. In fact, the federal governm...

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Navigating New Tax Laws, Market Shifts and Opportunities in 2026

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Stay ahead of the curve as Powell Tax Law breaks down the upcoming tax law changes, shifting market dynamics and new opportunities for proac...
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Can You Claim a Tax Deduction After a “Pig Butchering” Crypto Scam?

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Losing money in a crypto scam is emotionally and financially devastating. After a pig butchering crypto scam, you may ask: Can you recover l...
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How to Settle Your IRS Tax Debt with an Offer in Compromise

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If you're struggling with tax debt, the idea of paying a fraction of what you owe may sound too good to be true. But for some taxpayers, an ...
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