About 458 billion dollars in taxes go unpaid each year. So if the IRS says that you owe years of taxes, you are not alone. And if you can not foresee any way that you would be able to pay those taxes, you are still not alone. However, if you do owe taxes, one of […]

In 2018, the IRS collected more than $55 billion in unpaid taxes. These collections can take many forms, including asset levies to recover back taxes and penalties.  If you’ve received a levy notice from the IRS, you may wonder what can the IRS levy to recover your taxes owed. These levies can take many forms, depending […]

The IRS issues a tax levy without considering the financial implications for the back taxes. And this results in the takeover of your bank accounts, property, and even your paycheck if it comes down to it. If you need help with a tax levy, it’s crucial to act fast. To stop a tax levy and […]

An IRS tax levy allows the government to seize wages, bank accounts, or property to collect unpaid taxes—without a court order. The best way to stop a levy is to act before it begins, by contacting the IRS and arranging a solution. Even if a levy has started, you still have options for release. What […]

Are you a senior citizen who owes money to the IRS for years of unpaid taxes? With little earned income when you retire, it can be even more difficult to pay your tax debt. The money you currently earn from your social security check and retirement funds can feel like it’s not enough to sustain […]

What Is an IRS Tax Lien? So what exactly does a federal tax lien entail? The answer is that an IRS tax lien is different for everyone. They can be complicated and often vary in form depending on what your individual situation is. Essentially, an IRS tax lien is the government’s claim against you as a result of […]

The IRS collects over 3 trillion dollars in taxes from individuals and businesses over the course of any given year. All of this money comes from roughly 245 million filed returns. What happens though if filing your return this year slipped your mind or if you don’t have the money to pay the balance on a return […]

Tax Debt Scams: How to Avoid Becoming a Victim Tax debt relief scams prey on people who owe money to the IRS. Find out how to avoid becoming a victim here! Are you overwhelmed by your tax debt? Discovering you owe thousands of dollars is terrible – especially if you don’t have the money to […]

If you owe the IRS unpaid back taxes, there are several options for dealing with it. Read on to find out more. If you owe back taxes that you aren’t prepared to pay, you’re not alone. Falling behind on taxes happens to the best of us – in fact, millions of Americans owe the IRS. […]

What if a simple misunderstanding brought the IRS to your door? The truth is that plenty of IRS terms are downright confusing. And mistaking some of these concepts could get you in hot water. For instance, many people do not understand the difference between an IRS levy and an IRS lien. And knowing the difference […]