Question: I’m currently separated from my spouse, who owns his own business, and we are in the process of getting a divorce. I have always filed jointly with my husband and now the IRS is sending me notices stating I owe $65,000. I have no idea how they are coming up with this amount as …
Question: I received a Notice of Federal Tax Lien via certified mail for unpaid taxes and I’m scared and don’t know what to do. How do I get this situation resolved? Answer: A Notice of Federal Tax Lien (NFTL) is public record and is generally filed with the County Recorder where you reside. It’s a …
The final step in the IRS collections process is a seizure. At this point the IRS will take everything you have left to satisfy the debt they believe you owe! What Can the IRS Do? Unlike an IRS levies which involves intangible assets such as your bank account, a seizure is the taking of physical assets, including your home, …
We often get asked the question, “I owe the IRS $55,000 plus penalties and interest in back taxes but I think I can handle this myself. Is there any reason why I shouldn’t deal with the IRS on my own?“ One of the worst things you can do is talk to the IRS directly without …
Are you a gig worker? You may or may not realize special tax filing specifications you have. The following is excellent information from Liz Farmer, Senior Contributor at Forbes Magazine: The number of gig workers in America has been growing in recent years, but the COVID-19 pandemic has accelerated that trend. Before the pandemic, around 41 …
Question: I received a Notice of Federal Tax Lien via certified mail for unpaid taxes and I’m scared and don’t know what to do. How do I get this situation resolved? Answer: A Notice of Federal Tax Lien (NFTL) is public record and is generally filed with the County Recorder where you reside. It’s a …
Question: I’m currently separated from my spouse, who owns his own business, and we are in the process of getting a divorce. I have always filed jointly with my husband and now the IRS is sending me notices stating I owe $65,000. I have no idea how they are coming up with this amount as …
Question: I do not have the funds to pay what I owe for my 2018 income tax return. I also was late in filing the return. Not only is the IRS demanding the tax I owe, but they have slapped on these huge amounts for penalties and interest. I had extenuating circumstances that caused all …
If you needed heart surgery, would you shop around for the least expensive surgeon or would you get the very best you can find? The same holds true for dealing with the Internal Revenue Service. Having IRS problems can ruin all aspects of your life, your marriage, relationships with your children and family members, your …
Question: I have a huge tax amount owed to the IRS and they are harassing me and I need help. I got a quote from a national firm which seems extraordinarily low. Why should I go with you? Answer: If someone quoted you a bargain basement fee, think about this: do you think an experienced …