If a taxpayer neglects to file their taxes every year, the IRS will file a tax return for them using a Substitute for Return. These filings usually do not contain many of the tax deductions or credits a taxpayer may qualify for. This also may leave the taxpayer with a tax debt.When the IRS sends a “Notice of Demand for Payment” letter, it is an opportunity for a taxpayer to make arrangements for repayment of the tax debt before any IRS collection actions are taken. If a taxpayer fails to reach a...

Payroll taxes refer to income taxes withheld from employees’ income, including Social Security and Medicare taxes. All employers are legally

Tax Lien A federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt.  The IRS files a public document, the Notice of Federal Tax Lien, to alert creditors that the government has a legal right to your property.  The lien protects the government’s interest in all your property, including real estate, personal property and financial assets. A federal tax lien exists after the IRS: • Assesses your liability • Sends you a bill that explain...

When you owe the IRS, they will stop at nothing to collect on that debt. If tax debt goes unpaid, the IRS resorts to tax liens and levies, but the most damaging may be the IRS wage garnishment. With a wage garnishment, the IRS can take money from your paycheck without you ever even seeing it first.  Unlike an IRS bank levy, an IRS wage garnishment is immediate and continuous. IRS wage garnishments are one of the most damaging and aggressive of the IRS collection tactics. The IRS can seize 50-...