H is for Handling an IRS Audit
Handing an IRS Audit – IRS audits are rare these days. State tax authorities also conduct audits. Sometimes tax audits are random, but the IRS usually selects taxpayers based on suspicious…
G is for Garnishment
G is for garnishment. Wage garnishment is one of the most common types of garnishment. The IRS can garnish or legally seize any income you make to satisfy federal tax debt or taxes owed. Garnishments…
F is for First Time Penalty Abatement
F is for First Time Penalty Abatement The first time penalty abatement (FTA) waiver is an administrative waiver that the IRS may grant to relieve taxpayers from failure-to-file, failure-to-pay and…
E is for (Tax) Evasion
The Tax Resolution Alphabet -E is for (Tax) Evasion. Tax evasion occurs when a person or business illegally avoids paying their tax liability, which is a criminal charge that’s subject to penalties…
D is for Debt Relief
The Tax Resolution Alphabet – D is for Debt Relief If you are struggling with IRS tax debt and feel like it’s a hopeless situation, it may not be as awful as you think. The IRS Fresh Start…
C is for Currently Not Collectible
C is for the Currently Not Collectible Status from the IRS Big companies are known for getting all sorts of breaks, but when average people fall behind, they rarely receive help. When you owe back…
B is for Back Taxes
Owe Money to the IRS? It’s Called Back Taxes Back taxes refer to taxes owed from a prior year. A taxpayer may be behind in paying taxes for intentional or negligent reasons. Some of these…
A is for Appeals
IRS Appeals An unexpected envelope from the Internal Revenue Service is never a good thing. It’s never pleasant, but any letter that you receive should not be ignored, especially if you…