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: tax debt
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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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 MoreCongress, Ignoring History, Considers Turning Over Tax Debts To Private Collection Agencies
The tax gap in the United States is estimated to be about $385 billion. The tax gap is the difference between what the Internal Revenue
Read MoreWillie Nelson, Who Saved His Career And His House With The IRS Tapes, Turns 80
Today – or maybe tomorrow, depending on who you ask – is the 80th birthday of country music legend Willie Nelson (he says today but
Read More5 Ways To Pay Your Taxes When You Don’t Have The Cash
The good news for taxpayers? More than half of us didn’t owe taxes for the last tax year on record. The bad news for taxpayers?
Read MoreTaxes From A To Z: O Is For Offer In Compromise
O Is For Offer in Compromise. When you owe a debt to the IRS, there are a few ways that you can handle it. Most
Read MoreIRS To Nederlander: Not Master Of Your Own Domain
It has not been a good year for Eric Nederlander. Nederlander is probably best known as the guy that Jessica Sklar married for a few
Read MoreAsk The Taxgirl: 2007 Liabilities & Rebate Checks
Taxpayer asks: We owed taxes for 2007 when we filed. We also had owed taxes from a few years ago. I was under the impression
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