1031 exchanges can prove very useful. Every day, real estate investors exchange out of investment or business properties for like-kind properties while deferring capital gains all thanks to Internal Revenue Code Section 1031. The exchanger, of course, is restricted from immediately getting the sale proceeds; they go into an ...
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Written by admin on February 10th, 2012
Written by admin on October 31st, 2011
With an IRS bank levy, the IRS will contact your bank and freeze your bank account. After 21 days, your bank is required to send the funds plus interest. In many cases, the IRS may not levy your bank account and instead levy your wages. If you have enough ...
Written by admin on August 10th, 2011
Home mortgage loan is availed to purchase a home and once the home is yours the only thing you need to ensure is that the monthly payments are made on time and regularly so ...
Written by admin on June 15th, 2011
If you dispute an Internal Revenue Service decision regarding collection of tax money, you have the right to appeal. To get to this point, ...
Written by admin on May 16th, 2011
IRS Back Taxes Payment Plan Surprisingly, establishing a repayment schedule with the Internal Revenue Service is comparatively easy. This can be done all on your own should you believe you are sure of ...