Are There Types of Property the IRS Cannot Seize?
When faced with an IRS seizure, it’s important to remember that not all of your assets are fair game. While the IRS does have broad authority to collect tax debts, … Read more
When faced with an IRS seizure, it’s important to remember that not all of your assets are fair game. While the IRS does have broad authority to collect tax debts, … Read more
Facing an IRS lien or levy can be stressful, especially when your property, wages, or bank accounts are at risk. A tax lien can make it difficult to sell your … Read more
For those struggling with overwhelming tax debt, filing for bankruptcy may be able to provide relief but it does not automatically erase all IRS obligations. While bankruptcy can halt collection … Read more
Yes, you can appeal an IRS levy. One of the IRS’s most powerful collection tools, a levy, allows the IRS to seize property, garnish wages, or withdraw funds from your … Read more
If you’re a self-employed individual with unfiled tax returns, you’re not alone. Many freelancers, contractors, and small business owners miss tax deadlines for various reasons. While the IRS takes tax … Read more
If you’ve ever owed the IRS a significant amount of money, you may have encountered the phrase “tax lien.” A tax lien is the federal government’s legal claim against your … Read more
One of the most pressing concerns when dealing with IRS tax debt is the risk of property seizure. A common question people ask is: Can the IRS seize jointly owned … Read more
One of the biggest concerns for taxpayers dealing with unpaid taxes and tax debt is whether the IRS can garnish their Social Security payments or disability benefits. By knowing the … Read more
If you’ve paid for child or dependent care to enable you to work or search for a job, you might be missing out on a valuable tax benefit that can … Read more
If you have been wondering what happens when the IRS puts a tax lien on your property, here’s one key fact— it does not show up on your credit report. … Read more
Failing to file a tax return is a serious issue that can lead to IRS penalties, but did you know it can also result in criminal charges? The IRS does … Read more
Filing unfiled tax returns is an important step in addressing IRS compliance issues. If you’ve missed filing in previous years, catching up on these returns can help prevent further penalties … Read more
Falling behind on filing tax returns is a common issue that affects millions of taxpayers. Whether it’s due to life events, financial struggles, or simply feeling overwhelmed, unfiled returns can … Read more
An IRS CP59 notice is an official letter sent by the IRS when they have no record of receiving your tax return for a specific year. This situation could arise … Read more
If you’ve received an IRS notice and believe it’s a mistake, you might be tempted to ignore it, especially if you’re confident the issue will resolve itself. However, ignoring the … Read more
IRS Letter 226-J is a notification sent by the IRS to employers who may owe an Employer Shared Responsibility Payment (ESRP) under the Affordable Care Act (ACA). This letter is … Read more
Waiting for a tax refund is always an exercise in patience, but what happens if the check never arrives? If you suspect your refund check is lost, stolen, or was … Read more
IRS Form 433-F can be a helpful tool if you’re struggling to pay your tax debt in full and need a manageable plan to address what you owe. The IRS … Read more
When dealing with tax debt, the IRS requires certain information to understand your financial situation fully. IRS Form 433-A is a detailed form that allows taxpayers to give the IRS … Read more
When the IRS places a lien on your property, it can feel overwhelming. A federal tax lien gives the government a legal claim to your property, including real estate, financial … Read more
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