Article by roni deutch Many people don’t understand the difference between the terms “tax levy” and “tax liens.” Oftentimes they confuse a Notice of Intent to Levy with a Notice of Federal Tax Lien. Although these two terms are both related to the Internal Revenue Service’s (IRS) collection of back tax liabilities, they each represent … Read more
Not filing of taxes is a culpable felony in some jurisdiction. But the government such as that in the United States, late filing of federal taxes is not a punishable offense in order not to totally discourage the taxpayer from filing his taxes. However, late filing of the taxes is subjected to additional penalties or … Read more
If the Internal Revenue Service has placed a tax levy on your wages, you need the help of a tax professional, now. The Internal Revenue Service can seize approximately 75% of your income out of every paycheck. How can you expect to survive on 25% of what you earn? It’s a proven fact that the … 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
Article by Andrew Hatchie Taxpayer WARNING!! Do your due dilligence and “Google” the firm’s name with the word “Complaints”. Hold The Tax Resolution Firm You Hire Accountable…You will be suprised with what you see. Protect yourself. Time to “Confront” the IRS Problem… Get a true Tax Analysis during your initial interview so the company you … Read more