The Internal Revenue Service may request payment of past-due taxes, but people have the legal right to appeal circumstances they disagree with. Even though people may feel slightly panicked after receiving correspondence notifying them of an impending levy of their...
What is the difference between tax evasion and avoidance?
You have probably heard advertisements claiming that you pay too much money in taxes and advertising services to help you from doing that. While it may seem perfectly reasonable that your own lack of extensive understanding of tax law may lead to an occasional...
Should I request Currently Not Collectible status?
Many people have trouble paying their taxes. The IRS recognizes that circumstances may temporarily prevent you from meeting your tax obligation. For that reason, the law allows some people to qualify for Currently Not Collectible status. In essence, CNC status means...
Taking steps to ward off an IRS audit
Becoming the target of an IRS audit is something many taxpayers want to avoid, and yet a lot of people do not think it will happen to them. In fact, the IRS only conducted an audit of 0.5% of all tax returns in the year 2017. Still, that is no guarantee that anyone is...
