Were you late on your taxes and are now facing a sizable debt due to back taxes? While past-due taxes place a significant financial burden on filers, there are options. Relief is available; you just have to know where to look. Use available resources to your advantage when trying to pay past-due taxes. Learn how… Read more »
Tag: IRS back taxes
Do you owe a large tax sum to the IRS that you cannot afford to resolve it in one payment? Relax. You have options. Instead of putting yourself in a tough place, financially, to pay your tax bill, you can work with a tax attorney to set up a payment plan with the IRS. This… Read more »
While you can work with a tax preparer to file your annual taxes, there are situations where you should seek representation from a tax attorney. Some instances where it can benefit you to hire an attorney include: if you’re facing a tax audit; if you’re being charged with tax fraud; if you have a large… Read more »
When you owe the IRS money in back taxes, you are expected to pay it back either in one lump sum or by setting up a payment plan. Failure to pay the taxes – or to follow through with the agreed-upon payment arrangement – can cause the IRS to take action. One type of penalty… Read more »
Taxpayers who owe the IRS over $50,000 may have to deal with tax liens, tax levies, and IRS passport actions. There are many tax resolution options that can be used to protect your property and get the IRS off your back.