Have IRS Debt? Learn about changes in IRS Due to the Coronavirus!

Yesterday (March 25th, 2020) the IRS announced a People First Initiative, where the IRS announced that their priority would be helping taxpayers through uncertain times versus collection actions. These would include providing various payments relief and postponing taking compliance actions. What are some of these changes? Have an Installment

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Plano TX – Under Threat of an IRS Levy? Here’s what the IRS CAN’T take.

When a Taxpayer owes income taxes to the federal government, the IRS does not immediately levy the taxpayer and take everything that they own. The IRS will typically send the taxpayer a number of notices. If the taxpayer doesn’t respond, the IRS may send a “Notice of

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Plano TX – Owe the IRS? You May Have Passports Problems!

When taxpayer’s have IRS Debt, the IRS has a number of tools to use to collect the debt.  Those include levies, liens, and can also include revoking the taxpayer’s passport.  For some taxpayers, this is not a major threat.  For others, there can be a substantial impact

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Frisco TX Real Estate – What To Do If My Client has an IRS Tax Lien on Their Property

When taxpayer’s come into our Richardson, TX tax office and have IRS Debt, IRS Liens are often the major issue they are working to resolve, either preventing a tax lien from being placed on their assets or removing an IRS Lien that exists. It’s much easier to achieve prevent one to

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Frisco TX – Requesting a CDP Hearing vs. An Equivalent Hearing to fight an IRS Levy

 If you owe the IRS, one of the most powerful enforcement tools of the IRS is the tax levy  Tax Levies include bank levies, wage garnishments, or other asset seizures. When taxpayer’s come into our Richardson, TX tax office and have received a Final Notice of Intent

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