Each year, thousands of taxpayers fall victim to scams impersonating the IRS. These scams come in the form of letters, phone calls, emails, and even text messages, and they’re designed to exploit fear and confusion, especially during tax season. Knowing how the IRS actually communicates with taxpayers is your best defense against fraud. This guide […]
My IRS Levy is Causing a Hardship. Now What?
Dealing with an IRS levy can be incredibly stressful, especially when it creates a significant financial hardship. A levy allows the IRS to legally seize your assets, such as bank accounts, wages, and other property, to satisfy a tax debt. If this action is making it difficult to cover basic living expenses, it’s essential to […]
Can I Sell My House if I Owe Back Taxes?
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 IRS? Will they seize the proceeds? Will buyers even want a home with […]
I Received a Tax Notice for a Business I Don’t Own. Now What?
It’s a stressful moment that can stop you in your tracks: a letter from the IRS or your state’s tax agency arrives in your mailbox, and it claims you owe taxes for a business you’ve never operated. Whether the letter references unpaid income taxes, missing payroll reports, or some kind of compliance issue, it’s understandably […]
How Does the IRS Collections Process Work?
The IRS is responsible for collecting taxes owed to the United States government. When taxpayers fail to pay their taxes on time, the IRS initiates a collections process to recover the outstanding debt. This process can be complex and intimidating for those unfamiliar with it. Understanding how the IRS collections process works can help taxpayers […]
Incarceration and Back Taxes: What You Need to Know
Dealing with back taxes can be stressful under any circumstances. However, when incarceration is added to the mix, the situation becomes more complicated. Incarcerated individuals still have tax obligations and understanding how these obligations are handled during their time in prison is essential. This article will provide a comprehensive overview of what happens to your […]