IRS collection letters often look similar, and all seem intimidating. But they are not. I get calls from my clients all the time who have received IRS collection letters and are in a state of...
Read PostCategory: IRS collection notices, IRS Collection Problems, IRS levies and property seizures, IRS Seizures
1. You are pretty much broke. In a compromise, the IRS must be convinced that they will be unable to collect the amount of money you them in the timeframe they have...
Read PostCategory: Offer in compromise
The IRS has announced its public auctions of seized taxpayer property for June and July, 2008. Property being sold includes designer clothing and jewelry in New Jersey, vacant commercial real estate in Cleveland, Ohio and, yes,...
Read PostCategory: IRS levies and property seizures, IRS Seizures, Property Exempt from Collection
This week, the New York Times reported that the cost of a 30-pound sack of rice has doubled, and a 15-pound bag of flour has almost tripled for restaurants. An article yesterday in The Cincinnati Enquirer...
Read PostCategory: Employment taxes, IRS Collection Problems, Trust fund recovery penalty
The Government Accountability Office (GAO) has outlined the costs to the IRS collection function in implementing President Bush’s Economic Stimulus Refunds. Of the roughly 2,000 employees in the IRS Automated Collection Service, the GAO report stated that approximately...
Read PostCategory: Automated Collection Service
The U.S. Attorney’s Office in the Eastern District of Kentucky has issued a release detailing that an IRS employee at the Covington, Kentucky, IRS Service Center has been charged and arrested with improperly accessing the...
Read PostCategory: Criminal investigation
