It is important to choose your tax professional carefully. The news has been full of headlines over the last couple of years about tax professionals doing wrong, whether it’s the late-night advertisers pitching pennies on the dollar settlements and not delivering, or tax preparers caught preparing large numbers of fraudulent tax returns for their clients, or the payroll services stealing…
Taking A Cooperative Approach To Your Legal Issues
Month: November 2015
Impact of Budget Cuts on IRS
The IRS budget has been cut severely over the past few years. The budget has been reduced every year since 2010. At the same time the IRS is experiencing budget cuts, the IRS is being tasked with an increased workload. Here some observations on a few ways the IRS budget is impacting the way the IRS is currently carrying out…
IRS Tax Liens – The Basics
A federal tax lien arises by operation of law per Internal Revenue Code section 6321 when: 1. a tax assessment is complete; 2. a notice and demand for payment of the assessment is made; and 3. the taxpayer has neglected or refused to pay. The lien attaches to all property, rights to property, and after acquired property. Initially this lien…