Here’s what you need to know if the IRS has contacted you about tax debt. Every year the IRS contacts people regarding their income tax status. There are few things as daunting as having the IRS contact you. Most people assume it means they’re getting audited or they’ve done something wrong. In reality, the IRS […]
How Bankruptcy Can Affect a Tax Return Receiving an income tax return can feel great and help you get caught up on debts you’ve fallen behind on. Despite having the option of “breaking even” and not paying as much in payroll taxes throughout the year, some people enjoy receiving a refund check. Unfortunately, the joy […]
Have you received a notification that you owe the IRS money? This letter can be one of the most frightening you ever receive as an American citizen, and unfortunately, many people choose to deal with their fear by ignoring the problem and hoping it goes away. It won’t. The IRS will continue to seek payment […]
The IRS uses bank levies as a tool to collect tax payments. If you owe tax money and you are unable to or choose not to pay it, the IRS has the power to take it directly from your bank account. Having a bank levy is something that can leave you feeling powerless and in […]
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