Article by Terry Price There is one topic which everytime I write about it seems to generatesome hate mail while at the same timespawning a flurry of wonderful praisefrom consumers. Of course, the hatemail is always from a few people thathappen to own these “certain types” ofbusinesses I discussed and thosebusinesses of course are CreditCounseling … Read more
Many people are in the business of investing in property or own a property for use by a business. But what do you do when that property is no longer servings its purpose? You sell it and pay the gains tax and move on to purchasing another property. Under normal circumstances that would be correct, … Read more
“The home short sale has long been regarded as a lifeline for borrowers facing foreclosure. But many have also taken it as a quick solution to mortgage problems, not thinking about the ups and downs of the short sale process. The truth is that even after a home short sale, one may still owe money … Read more
Hopefully you never have to deal with a tax levy imposed by the IRS. Unfortunately, many people do have to face this reality every year. A tax levy is pretty simple to understand. This is a legal process in which your property is seized to satisfy tax debt. In other words, if you owe money … Read more
If you dispute an Internal Revenue Service decision regarding collection of tax money, you have the right to appeal. To get to this point, you would have received an IRS notification of audit and you would have already gone through such an audit. If you disagree with the IRS determination or certain other aspects of … Read more