Congress Mandates IRS Use Private Collection Companies to Collect Past Due Taxes Beginning Spring 2017 I Received A Collection Letter Regarding My Taxes IRS Now Uses Private Collection Agencies As part of a law passed in December of 2015, …
Can Tax Debt Be Discharged in Bankruptcy? It Depends.
Tax Problems with the IRS or State Usually Are Not the Reason People File for Chapter 7 Bankruptcy It seems to all come at once, doesn’t it? Generally when a person makes the decision to file for “bankruptcy protection,” tax …
Taxes and PowerBall: What to do with your $4.3 Million
What are the tax consequences of winning the powerball? It depends. Plan on sharing your winnings? Share now.
Tax Relief for Short Sale Debt Forgiveness
Short Sale Tax Relief Exemption for Tax Liability Created by Short Sale Debt Forgiveness The Budget Bill signed into law by President Obama on December 18th, 2015, has received a lot of coverage in the news for many reasons. One of …
Get Rid of an IRS Tax Lien – Withdrawal or Release?
Have you ever wondered if it is possible to get rid of an IRS Tax Lien? Several options are available to deal with a Federal Tax Lien. Read more below. IRS Tax Liens Can Be Disruptive. Federal Tax liens are not only imposing …