Loading Tax News…
Loading Tax News…IRS CollectionsPublished on Jul 6, 2025
Understanding how the IRS calculates interest on tax debt can help you avoid financial surprises and make better decisions if you owe money to the government. Unlike penalties, IRS interest compounds daily and is tied to market-based rates that adjust quarterly. This […]
IRS CollectionsPublished on Jul 2, 2025
If you’re struggling with IRS debt or have a federal tax lien on your record, you may be wondering how it will affect your ability to finance a vehicle. The short answer? It’s still possible to get a car loan. However, it […]
IRS CollectionsPublished on Jun 28, 2025
A tax lien is a legal claim by a government authority, such as the IRS, against a taxpayer’s property due to unpaid tax debts. This claim acts as a security for the government, ensuring the taxpayer’s obligation is eventually fulfilled. Tax liens […]
IRS CollectionsPublished on Jun 25, 2025
In 2025, the IRS is facing a shifting landscape. Although enforcement funding surged in 2022, recent federal budget negotiations, specifically the Department of Government Efficiency (DOGE) Act cuts, have reduced that long-term funding outlook. But don’t let that fool you into thinking […]
IRS CollectionsPublished on Jun 15, 2025
When it comes to IRS collection efforts, few actions feel more intrusive than a bank account levy. If you share a bank account with a spouse who owes tax debt, it’s only natural to worry: Can the IRS levy a joint bank […]
IRS CollectionsPublished on Jun 8, 2025
Divorce often accompanies financial complications, and one of the most overlooked but critical issues is back taxes. Many divorcing couples are surprised to learn how complex and persistent IRS debt can be, especially when it’s tied to years of joint tax filings. […]
IRS CollectionsPublished on May 30, 2025
Owing back taxes is never a pleasant situation, but it’s even more stressful when you’re unsure how long the state has to collect those taxes. While the IRS has fairly standardized time limits, the rules for state-level tax collection vary widely—and in […]
IRS CollectionsPublished on May 21, 2025
Understanding tax liens is essential for anyone who owes taxes, whether to the federal government or a state taxing authority. A lien can have serious implications for your finances and even your ability to sell or refinance property. While the term “tax […]
IRS CollectionsPublished on May 20, 2025
Tax evasion and tax fraud are federal crimes. Both involve the willful attempt to either evade the assessment or the payment of taxes. But at what point does the IRS pursue criminal charges for these actions? What consequences are included in the […]
IRS CollectionsPublished on Apr 29, 2025
Owing back taxes to the IRS can be stressful enough on its own—but if you’re also trying to sell your home, the situation might feel even more overwhelming. You may be wondering: Can I legally sell my house if I owe the […]
Free consultation
Schedule a free consultation with our tax professionals and take the first step toward resolving your tax issues.
