The Internal Revenue Service (“IRS”) has a new collection tool for taxpayers with serious delinquent tax deficiencies and it was created under § 7345 of the Internal Revenue Code. The tax section authorizes the IRS to certify to the State Department individuals who have serious delinquent tax debt. Receipt of the certification allows the State Department to deny or revoke … Read More
Are You a Small Business Owner With Back Taxes?
The stress of owing the IRS money can be crippling. The IRS can place a lien on your property or even levy your bank account. For whatever reason, you’ve gotten into a tough situation but how do get out? Here are a few options the IRS offers to help. 1. Offer in Compromise (OIC): With an OIC, you offer the … Read More
Beware of IRS Scammers!
The Internal Revenue Service and its partners in the tax industry and state tax authorities warned Tuesday about a new twist on the phone scam that criminals have been using for years to steal money from taxpayers, with the fraudsters now using phone numbers that mimic IRS Taxpayer Assistance Centers while demanding payment on nonexistent tax bills. The IRS and … Read More
Tax Advocacy – Two Success Stories
We have helped MANY people over the years get out of IRS Debt Permanently! Take a look at two of the most recent cases: Here is a case that involved a large outstanding balance of $400,000. After many months of work and negotiations, the end result was life-changing for this client: Good people get into tough situations. If you … Read More
You’re a business owner with lots of back taxes – Now what?
The stress of owing the IRS money can be crippling. The IRS can place a lien on your property or even levy your bank account. For whatever reason, you’ve gotten into a tough situation but how do get out? Here are a few options the IRS offers to help. 1. Offer in Compromise (OIC): With an OIC, you offer the … Read More