As stated in earlier blogs, the Internal Revenue Service (IRS) has several tools they use to collect back taxes owed: liens, levies, wage garnishments, etc. […]
Tax Lien Discharge Reverts Property Back to You Read Article
So, you owe the Internal Revenue Service (IRS) money for taxes. You do not have the money so you decide not to pay any amount
Federal Tax Liens Ensure Collection of Tax Debt Read Article
The Internal Revenue Service (IRS) allows you, the taxpayer, to pay your tax debt in affordable monthly installments in which you determine the amount. These
Pay a Portion of What You Owe with a Partial Payment Installment Agreement Read Article
Even the best of intentions does not always materialize. You completed and filed your federal income tax return, but suddenly you realize that you do
How Installment Agreements Can Help Read Article
Sometimes life just gets the best of you. Your taxes are withheld from every paycheck, but you do not file your tax returns. Sometimes you
Penalty Abatement Relief Read Article
As stated in previous blogs, there are several tax resolutions options available to taxpayers that are unable to pay an outstanding tax debt. Besides an
What is Currently Non-Collectable? Read Article
It sounds great. Make an offer to the Internal Revenue Service (IRS) to erase your entire tax bill! It is not that simple. If you
Eligibility for an Offer in Compromise Read Article
Scenario: you receive a tax bill from the Internal Revenue Service (IRS) for a staggering amount. You think to yourself: how am I ever going
What is an Offer in Compromise? Read Article
In our recent blog posts like Rush Tax Relief – Trust Fund Penalty and Rush Tax Relief – Trust Fund Penalty Responsibility, we’ve been discussing
Rush Tax Relief – Trust Fund Penalty Assessment Interview Read Article
If the IRS finds out that, for any reason, your business, or the business you work for, has not been making proper, timely payments in
Rush Tax Relief – Trust Fund Penalty Responsibility Read Article
As of Dec. 24, 2020, on their Trust Fund Taxes Page, the IRS states that “a trust fund tax is money withheld from an employee’s
Rush Tax Relief – Trust Fund Penalty Assessment Read Article
In this series, we’ll discuss the Trust Fund Penalty, Assessment and the TFP Assessment Interview, also known as the 4180 Interview. As we mentioned in
Rush Tax Relief – Trust Fund Penalty Read Article
