In Austin and the nearby areas, when a person is informed that he or she has outstanding tax debt, one of the biggest concerns is that their property will be seized by the Internal Revenue Service to satisfy it. A lien can be placed on the person’s property. If the...
IRS announces plans to increase audits for the wealthy
With all the other upheaval going on in life these past few months, you would be forgiven for not paying much attention to the news about taxes. However, 2020 has seen quite a few changes in tax law. You probably took note in March, the federal government pushed back...
How does an Offer in Compromise work?
Residents of Austin really do not want to fall behind in the taxes they owe to the Internal Revenue Service. Even if the debt because of difficult financial circumstances, and not because of any improper activity, the IRS still has a wide range of ways to collect on...
