If you pay your taxes late, you may have some penalties to pay, but it’s unlikely your life – or business – will be turned completely upside-down as the Internal Revenue Service (IRS) seeks to take everything you own. Mistakes happen, and sometimes financial problems exist that make it impossible to pay the IRS what […]
Avoiding Debt Collection & IRS Scams
The proliferation of IRS scams and debt collection scams has increased exponentially with the increased availability of smartphones, texting, and the internet. Some scams feature an old fashioned letter sent through the mail that indicates a victim should send money to another party to avoid getting sued. Other scams are delivered by text and ask […]
What is an IRS Audit?
The prospect of an IRS audit is something that can cause intense worry in the average citizen, particularly since the process has such a bad reputation for causing stress and difficulties for individuals, families, and businesses. However, the best defense against a stressful audit is to understand the process, so there are no surprises. The […]
What is an IRS Appeal?
Did you know that you can ask for an IRS appeal when you receive an adjustment letter from the Internal Revenue Service (IRS) in the mail? The IRS inspects the tax returns it receives each year and often sends taxpayers bills because the taxpayer’s return was found to have mistakes. The IRS may indicate a […]
Can You Really Make a Deal with the IRS?
You may have seen or heard the commercials that advise you to call a number to try and make a deal with the Internal Revenue Service (IRS) to pay less than you owe on your taxes, but can you trust those commercials? Is there really an option to “get out of tax debt” like the […]
Can You Really Negotiate with the IRS?
A call from a debt collector about an overdue credit card or an unpaid loan is a hassle and something that no one should need to experience, but dealing with back taxes is something that is likely to cause stress and sleepless nights. With commercials suggesting that your back taxes may allow the government to […]
