by taxlawirs_18zkv4 | Jun 14, 2024 | IRS Services, IRS Tax Levy
If you owe back taxes to the IRS, you may be in danger of receiving a tax levy on your bank account. Once the IRS places a tax levy on your bank account, the bank will be required to immediately freeze your assets, meaning you will have no access to your account. You...
by taxlawirs_18zkv4 | Jun 14, 2024 | IRS Services, IRS Tax Liens
Owe back taxes and think the IRS doesn’t realize it? If you continue to ignore the problem, you will eventually end up with the IRS placing a Federal Tax Lien on your property, typically including your home. A Federal Tax Lien means that the IRS has the right to seize...
by taxlawirs_18zkv4 | Jun 14, 2024 | IRS Services, Wage Garnishment
Owing back taxes to the IRS often ends up in wage garnishment. The IRS will send a notice to your employer letting them know that you owe back taxes, and that your employer must now withhold a certain amount from your paycheck and remit it to the IRS. How much can the...
by taxlawirs_18zkv4 | Jun 14, 2024 | IRS Services, Settle Back Taxes
If you need to settle back taxes with the IRS, you’re not alone. Millions of people owe back taxes, and, like you, many of them live in fear of the repercussions. The first step you can take to settle back taxes is contacting the IRS before they contact you. Many...
by taxlawirs_18zkv4 | Jun 14, 2024 | IRS Services, Unfiled Taxes
Unfiled tax returns are a serious offense in the eyes of the IRS, and can lead to mounting debt as back taxes and fines pile up. The IRS will not stop the collections process until all unfiled tax returns have been filed, and you have paid back all money due. If you...
