Dealing with the IRS can be overwhelming—especially when they are making collection moves like placing liens or levying bank accounts. If you’re facing delinquent tax debt, know this: you do have options. What is an IRS Lien? An IRS lien is essentially the government...
Tax Collection
Tips to help manage tax debt
The Internal Revenue Service (IRS) is notoriously aggressive when it comes to collecting on debt. They have many different legal tools they can use to help gather what is owed, from taking money right out of your paycheck to seizing your assets. Taxpayers who find...
The IRS is taking on millionaires. How is it going?
The Internal Revenue Service (IRS) has argued that decades of underfunding have left it at a disadvantage when going up against the country’s highest earning taxpayers. The IRS argues that wealthy taxpayers show up to meetings with multiple tax attorneys, each...
Will New York change its tax rules for remote workers?
New York income tax is one of the most high and aggressive. In fact, the state is one of the few that will tax employees even if they do not work in New York. The employer test allows officials to achieve this reach. They achieve this reach through use of the...
Is Uncle Sam investigating anyone that made money off Eras Tour?
The lights dim, and you can feel the excitement in the air like an electric charge, rippling through the crowd as anticipation grows. Nothing can quite match the surge of emotions when the show starts - especially in the crowd gathered to hear one of our generation's...
What if I cannot afford my tax bill?
Those who face significant tax debt may wonder how they will pay the bill. Some may consider using a credit card. If the card has low rates and you know you can make regular payments, this could be a reasonable option. Unfortunately, most credit cards come with a high...
IRS announces new shift in policy and focus on safety
The Internal Revenue Service (IRS) warns taxpayers of various scams to watch out for throughout the year. In addition to issuing these warnings, the agency also takes steps to help mitigate the risk of these scams. The agency recently released information about one...
Can tax debt impact my ability to travel?
Tax debt can lead to some pretty serious ramifications. In some situations, it can even impact the ability to travel. Although those with significant tax debt could likely still take domestic trips like a road trip to the beach or a getaway into the mountains, the...
What do I need to know about IRS collection efforts?
Media outlets and taxpayer watchdogs alike have dogged the Internal Revenue Service (IRS) for its struggles to deal with a backlog of millions of unprocessed tax returns. This makes recent news the federal agency has caught up with its backlog noteworthy. This is...
I have not filed taxes for years. What are my options?
A failure to file tax returns is a serious issue. The Internal Revenue Service (IRS) takes the matter seriously and, depending on the situation, could move forward with allegations of criminal wrongdoing. Is it really a crime to fail to file taxes? If the IRS can...