B&G Tax Service

10/02/2025

Tax Tip of The Day

If You Loan Someone Money and you Determine That You Never Will Collect the Money, you can write it off on your Tax Return.

08/12/2025

IRS Phone Numbers

● For questions related to a bill you received, call the number provided on the bill itself.
● For general questions about outstanding tax debts or the collection process, call 1-800-829-1040.
● Specifically for collection issues, you may also use 833-678-7020. This line might offer a call-back option to reduce wait times.
● If you have small business income or are a business entity and an individual taxpayer, you may contact the IRS at (800) 829-3903.
● For wage earners, the collection hotline is (800) 829-7650.
● To discuss payment options, including installment agreements, call 1-800-829-0922.
● For questions regarding tax levies, you can contact the IRS at 1-800-829-7650.
● If you're in bankruptcy and questioning whether your tax debt has changed, call the Centralized Insolvency Operation at 800-973-0424.
Businesses
● For general business and payroll tax questions, you can call 1-800-829-4933.
● To discuss payment options or revise an installment agreement, call 800-829-4933.
● For issues related to your Employer Identification Number (EIN), call the Business and Specialty Tax Line at 800-829-4933 (TTY 800-829-4059).
General
● The main IRS phone line operates Monday through Friday, from 7 a.m. to 7 p.m. local time.
● If you prefer in-person assistance, you can visit a local IRS Taxpayer Assistance Center. You can check what services are available at your local office and schedule an appointment by calling 844-545-5640.
● If you're dealing with a federal tax lien, you can call the Centralized Lien Operation at 800-913-6050 to resolve basic lien issues like verification, payoff amounts, or release.
● For assistance and guidance from an independent organization within the IRS, you can contact the Taxpayer Advocate Service at 877-777-4778.
● If your tax debt has been assigned to a private collection agency, you can contact them directly. The IRS lists the contact information for these agencies on its website, including:
o CBE Group Inc.: P.O. Box 2217 Waterloo, IA 50704, 800-910-5837
o Coast Professional, Inc.: P.O. Box 425 Geneseo, NY 14454, 888-928-0510
o ConServe: P.O. Box 307 Fairport, NY 14450, 844-853-4875
Important notes
● If you receive a bill, call the number on the bill first.
● Have your tax bill and records handy when you call.
● Be prepared for potentially long wait times, especially during peak filing season.
● You can explore other resources on the IRS website for information on payment options, online payment agreements, and offers in compromise.

08/05/2025

Ohio's 2025 Expanded Sales Tax Holiday

Ohio's Sales Tax Holiday for 2025 will be held from 12:00 a.m. on August 1 until 11:59 p.m. on August 14.
Key Details
• Dates: August 1, 12:00 a.m. – August 14, 11:59 p.m.
• Eligible Items: Almost all tangible personal property priced at $500 or less is tax-free.
• Exclusions: The following items will still be taxed:
o Watercraft or outboard motors
o Motor vehicles
o Alcoholic beverages
o To***co products
o V***r products
o Items containing ma*****na
Examples of Tax-Exempt Items
• Electronics: Computers, televisions, and other gadgets
• Clothing: Any apparel items
• Books: All types, including novels and textbooks
• Home Goods: Furniture, kitchenware, and home décor
• Plants: Indoor and outdoor plants
• Sporting Goods: Equipment and apparel for sports
• Food and Beverages: Dine-in food, dietary supplements, and soft drinks
Note: These are just examples. Many other items will also be exempt from sales tax during this period.

04/03/2025

The First Domino

Just hours after President Donald Trump announced massive new tariffs on nearly all imports to the United States, a bipartisan group of senators made the first push to stop the most nonsensical part of Trump's global trade war. With a 51-48 vote, the Senate approved a resolution to block Trump's tar...