An Introduction to IRS Garnishment
If you owe back taxes to the IRS, the government can garnish your wages to pay the liability. An IRS garnishment can come without warning, so being prepared is a must. No one wants to owe money to the government, especially if it’s a large amount. But it happens more than you think. Unfortunately, due […]
Read MoreIRS Notices: What They Mean and What You Should Do
If you have received a notice from the IRS, don’t panic. Yes, it can derail your plans and throw you off balance both in your personal and business life. However, in most cases, there are solutions to help make the IRS offer you a reasonable way out of the unwanted situation you have found yourself […]
Read MoreCan You Go To Jail For Not Paying Taxes?
Can the IRS Arrest You? Cheating on your taxes is a crime. No doubt about that. However, only 0.002% of all taxpayers are convicted of tax crimes. Even though roughly 16% of Americans are found to be evading taxes every year, in one way or another. As for the number of convictions for tax crimes, […]
Read MoreIRS Offer in Compromise: What It Is and How It Works
Offer in Compromise is an IRS program that enables taxpayers to get a fresh start with the Internal Revenue Service. In doing so, they have the chance to settle their tax liability for less than the overall amount of money they owe. Therefore, if you are struggling to pay your federal or state tax liability, […]
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