If you owe the IRS back taxes, the IRS is required to give you a 30 day notice before they can start to levy and seize your property. This warning of levy action is required...
Read PostCategory: Automated Collection Service, IRS Appeals, IRS collection notices, IRS levies and property seizures, IRS Seizures, Revenue Officers
I was recently interviewed by a journalist for a story about the hardships of having the IRS levy a retiree’s social security benefits. The reporter, who is courteous and professional, would like to speak to anyone who has...
Read PostCategory: Automated Collection Service, Currently Not Collectible, Economic hardship and the IRS, IRS Collection Problems, IRS levies and property seizures
If you are considering an offer in compromise with the IRS, the amount of money you make can play a crucial role in your settlement. In an offer in compromise, the IRS will take what you...
Read PostCategory: Form 433A, Form 433B, IRS Collection Problems, IRS Financial Statements, Offer in compromise
If you owe the IRS back taxes, it is not always enough to just be “right” when negotiating with the government. You need to be right, but you also need to be in the right place...
Read PostCategory: Appeals - collection actions, Automated Collection Service, IRS Appeals, IRS collection notices, IRS levies and property seizures, Offer in compromise, Revenue Officers, Tax Court
Chapter 7 bankruptcy is a powerful tool when facing the IRS – it can eliminate an entire tax liability if properly done. To help with your understanding of how a Chapter 7 bankruptcy can help...
Read PostCategory: Bankruptcy - Chapter 13, Bankruptcy - Chapter 7, Bankruptcy and the IRS, IRS Collection Problems
