There are two parts to settling up with the IRS: assessment and collections. I took a look at what you need to know about IRS
Read MoreTag: collections
Avoiding Ending Up on Tax Debt Lists
Tax agencies have a variety of ways of encouraging tax compliance, including publishing taxpayer delinquency lists and filing liens. The rules—and your options—can vary between
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What To Know About Taxes When You Can’t Pay Your Credit Card & Other Bills
There was an article that circulated recently suggesting that bankruptcies didn’t peak as expected. If the folks who are reaching out to me are any
Read MoreIRS Mistakenly Sent Penalty Notices To Businesses
Did you recently receive a penalty notice for your payroll tax deposit even though you remitted the correct amount? You’re not alone. The Internal Revenue
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Taxes From A To Z 2020: J Is For Jeopardy Assessment
It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office
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IRS Is Limiting Operations Due To COVID-19 Crisis
Some Internal Revenue Service (IRS) call centers and services are temporarily shutting down in response to COVID-19. COVID-19 is the official name for the infectious
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IRS Will Limit Collections Activities During COVID-19 Crisis
The Internal Revenue Service (IRS) has announced a series of steps to assist taxpayers impacted by COVID-19. Relief ranges from easing payment guidelines to postponing compliance actions.
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IRS Reminds Taxpayers To Act Now To Avoid Losing Your Passport
The Internal Revenue Service (IRS) has issued a reminder to taxpayers with significant tax debts: reach out now to avoid losing your passport. On December 4, 2015,
Read MoreMembers Of Congress Speak Out Against Private Tax Debt Collections
As concerns mount over the recent proposal to turn over delinquent tax accounts to private debt collectors, Ways and Means Oversight Subcommittee Ranking Member John
Read MoreDespite Complaints, Past Failures & Opportunities For Fraud, Congress Pushes Private Tax Collection
Those who fail to learn from history are doomed to repeat it. – Winston Churchill Sometimes it feels like the government does this best. Failed
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