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Notice Of Levy 9 Feb 2013 | 05:00 am
The last step in the IRS enforced collection process involves a levy. If you have ignored all attempts by the IRS to either negotiate repayment or paid your unpaid tax bill in full, the IRS will slap ...
Releasing a Levy 2 Dec 2012 | 05:00 am
You can have your IRS tax levy removed (released) from your property whenever any of the following situations apply: You paid the levy and all applicable costs in full. You have shown the IRS that t...
IRS Case Studies in OIC 20 Nov 2012 | 05:00 am
Aaron, a single attorney, owed the IRS $30,000 in income tax liabilities from the last five years. He had $5,000 equity in his vehicle, while his miscellaneous assets totaled about $1,000. His curren...
State Tax Debt 9 Oct 2012 | 05:00 am
When an individual lives, or a business operates, in a state where an income tax is collected, there are state tax debt issues that are bound to arise. Income taxes are the largest revenue generating ...
IRS Taxpayer Bill of Rights 1 Oct 2012 | 05:00 am
Sometimes, when finding out about the possibility of an IRS audit, taxpayers have a tendency to become nervous and upset. Even though the prospect of facing an IRS audit can be rather unnerving, you n...
Tax Audit Protection 30 Sep 2012 | 05:00 am
You can help protect yourself from an IRS tax audit by following these simple suggestions: Maintain good records. If you are ever called in for an IRS audit, you will need to have good records. If yo...
Preparing For Your IRS Audit 29 Sep 2012 | 05:00 am
Once you find out that you are going to have an IRS audit, there are some things you need to do to properly prepare yourself. Here are some suggestions. Review your tax return in question. Review and...
IRS Audit Statute of Limitations 28 Sep 2012 | 05:00 am
The IRS' statute of limitations timeframe regarding starting an audit depends on a couple of factors. Both involve whether you file a tax return or not. First, did you file a return? Secondly, did you...
High Risk Trigger Areas 27 Sep 2012 | 05:00 am
The IRS has noticed recently that there are certain industries (areas) which are known for abuse of the tax laws. Therefore, the efforts to scrutinize these tax areas have been increased. These areas ...
Wage Levy 26 Sep 2012 | 05:00 am
If you are a wage-earner (are an employee of someone) you may be affected by a wage levy. Another term for wage levy is wage garnishment. This is the second most popular way for the IRS to levy your ...
