There is no shortage of general information available about tax debts and how to go about resolving them. But what if you have a business tax debt? Does a business tax debt present challenges that surpass that of an individual tax debt? The short answer is a resounding “yes.” Business tax debts are often far …
Avoiding The Unique Dangers Of A Business Tax Liability Read More »
One of the first things people often wonder when they incur a tax liability is how long the IRS has to collect it. Whether the IRS is going to haunt them for the rest of their lives is a very common concern. The good news is that the IRS can’t pursue collections from a taxpayer …
IRS Statute of Limitations: How Long Can IRS Collect Tax Debt? Read More »
Generally speaking, the IRS sent you certified mail to show it attempted to give you notice of whatever issue the IRS wants to address with you. The IRS sent you certified mail because the IRS wants to protect itself in case, among other reasons, you argue the IRS failed to give you notice and an …
“A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned — this is the sum of good government.” Thomas Jefferson, First Inaugural Address, 1801 There is a tad bit more government in …
So you owe taxes to the state or federal government, then all of the sudden one day your phone rings. It’s a representative from a tax resolution company stating he is aware you have a tax debt and he wants to sell you a service to resolve your tax liability. You hear him out, accept …
