Read Time:4 Minute, 50 Second You set up an IRS installment agreement. You made payments for a few months. Then life happened — a slow month, an unexpected bill, a check that didn’t clear in time. Now you’re wondering: Did I just blow the whole deal?...
Read Time:6 Minute, 40 Second Key Takeaways The IRS can legally seize and sell your home to satisfy a tax debt — it’s called a real property levy. Before any seizure happens, the IRS must file a federal tax lien, send a Final Notice of Intent to Levy, and get...
Read Time:5 Minute, 5 Second If you just got a notice saying the IRS plans to garnish your wages, the first thing you want to know is: how much can they actually take? The honest answer is: more than you expect. And unlike a typical creditor, the IRS does not need a...
Read Time:7 Minute, 39 Second Client name and identifying details have been changed to protect privacy. This is a real case. Dave had paid $62,000 in federal and state taxes on gambling income he never actually kept. The W-2Gs were real. The jackpots happened. But the...
Read Time:3 Minute, 36 Second Most people think of an IRS problem as a financial problem. A notice, a balance due, a penalty adding up. What they do not expect is to hand their passport to a gate agent and get turned away. That is not hypothetical. The IRS has the...
Read Time:5 Minute, 34 Second Client name and identifying details have been changed to protect privacy. This is a real case. The balance was $45,240. It had been growing for years, accumulating penalties and interest the way these debts do when the IRS is not being...
Read Time:5 Minute, 24 Second A CP504 lands in your mailbox with bold type, a balance due, and the words “Notice of Intent to Levy.” For most people the reaction is immediate panic. They assume the IRS is about to empty their bank account or garnish their...
Read Time:6 Minute, 43 Second Most people who haven’t filed in years are not hiding. They’re waiting. Waiting for the year their records are organized. Waiting until they can figure out exactly what they owe. Waiting for a moment where everything lines up...
Read Time:7 Minute, 13 Second Every week, we talk to people who haven’t filed a tax return in years. Some for three years. Some for fifteen. And when you ask them why they haven’t just dealt with it, you hear some version of the same answer: “I...
Read Time:12 Minute, 27 Second Falling behind on tax obligations creates mounting problems that compound with each passing year. Whether due to financial hardship, life changes, or simple procrastination, unfiled tax returns represent a serious issue that requires...
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