Do you owe back taxes to the IRS? Did you know that the IRS may file a Notice of Federal Tax Lien if you owe $10,000 or more, unless you…
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Of the various business tax problems to face, payroll tax problems are among the worst. They’re not just complicated and difficult to sort through, but they can also result in…
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Some days, it seems like you can’t listen to the radio, watch television, or use the internet without coming across an advertisement for a company that promises to settle your…
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The Currently Not Collectible (CNC) program is an IRS program designed to provide relief from collection activities for taxpayers who would encounter undue financial hardship if they had to pay…
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When taxpayers fall behind on their federal taxes, the Internal Revenue Service (IRS) has a range of collection tools at its disposal. To resolve these debts, two of the most…
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An IRS LT11 notice isn’t a routine payment reminder or bill. It’s a serious collection notice that indicates the IRS is planning to seize your wages or assets due to…
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If an IRS auditor finds mistakes and you "fail" the audit, you may face significant penalties. IRS audit penalties vary based on the nature of the error, but depending on…
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An Offer in Compromise (OIC) lets qualifying taxpayers settle tax debt for less than owed, but it's not the right option for everyone. The IRS's Offer in Compromise application requires…
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After you complete an IRS tax audit, the auditor may send you Form 4549 (Income Tax Examination Changes) summarizing the audit's findings and outlining changes made to your tax return.…
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Few IRS collection actions feel as immediate or disruptive as a wage garnishment. When the Internal Revenue Service takes a portion of your paycheck before it ever reaches your bank…
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