In most every case, the IRS cannot take your property until they send you a letter stating their intentions. This letter – called a “Final Notice of Intent to Levy” – is the government’s last attempt to reach you...
Read PostCategory: Appeals - collection actions, IRS collection notices, IRS levies and property seizures, IRS Seizures
In today’s difficult economic times, every dollar counts. An offer in compromise may help, but for many there is a hidden cost – lost tax refunds. Tax refunds increase the amount you pay to the IRS in...
Read PostCategory: Offer in compromise
Bankruptcy is a powerful tool in solving IRS problems – but can it stop the IRS from auditing you? A centerpiece of bankruptcy law is the concept of an “automatic stay.” The automatic stay stops creditors...
Read PostCategory: Bankruptcy - Chapter 13, Bankruptcy - Chapter 7, Bankruptcy and the IRS, IRS Audits, Tax Court, Unfiled returns
IRS levies on those who are self-employed are serious, but it may not always be as bad as it seems. If you are self-employed, and if your right to a payment is dependent on the...
Read PostCategory: Employment taxes, IRS levies and property seizures, IRS Seizures
ACS can be intimidating – big, impersonal and far away on a 1-800 number. Most IRS collection letters are sent from an Automated Collection Service Center (ACS). ACS handles the incoming calls from the collection notices....
Read PostCategory: Automated Collection Service, Currently Not Collectible
