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Can the IRS Take Money from My Bank Account?
An estimated 20 million taxpayers owe money to IRS for back taxes. For those facing this hardship, the concern over financial hardship and loss of savings and assets is very real. The good news about that alarming statistic is that...
IRS Tax Debt Special Report
IRS Problems Have a Way of Ruining All Aspects Of Your Life. They Take A Toll On You Financially, Physically, and Emotionally. You Can Never Really Forget About Them. They creep out of that mental compartment to keep you awake late at...
Offer In Compromise – The IRS Tax Debt Settlement Program and How to Qualify
The Offer in Compromise (OIC) program is the well-known program advertised on the radio by national firms who claim to be able to settle your tax debt for pennies on the dollar. But what they fail to mention is that you...
I’m In Tax Trouble, What Are My Options?
A letter from the IRS is rarely a good thing. One of the worst missives to get from the tax man is the CP90 – Final Notice Before Levy. It is a final warning shot to scare you into paying up...
Tax Tips for the Self-Employed: A Freelancer’s Guide to Paying Taxes
If you are an employee, you get a paycheck every pay period and most likely pay little attention to your taxes until the end of the year. Your employer does a lot of the work for you and you get...
Top 10 IRS Audit Red Flags
No one wants to pay more income taxes than they are required to, but be careful if you do your own taxes. Attempting to cut your tax liability by getting into IRS grey areas can cause you problems later on....
If You Don’t Have Money to Pay Your Taxes, You Have Legitimate Options
If you don’t have money to pay what you owe the IRS, you have a few options to work with. Whatever you do, don’t ignore the letters from the IRS and don’t let your back tax problem go unattended. The...
Owe Back Taxes 3 Real Reasons You Need A Tax Resolution Professional NOW
Owing money to the IRS or State can be daunting, intimidating and throw your life out of whack. You might be tempted to just hide your head under a pillow, but ignoring your back taxes will only make the situation...
When Should You Hire a Certified Tax Resolution Specialist? | How to Identify When It’s Time to Hire One
As a business owner or individual taxpayer, you may encounter a tax situation that requires specialized professional help to resolve. Knowing when you’re in hot water with the IRS beyond what a standard Certified Public Accountant can handle is crucial...