News

An analysis conducted by TaxLifeBoat found that New York City was the United State's leading area to receive federal tax liens.

The results of research done annually by the IRS indicates that the time, effort and money required by taxpayers to comply with individual tax preparation requirements averages $258.00 per year.

According to the IRS, around 99% of taxpayers pay their taxes.

Can you guess what has become the drastic "collection method of choice" for the IRS in recent years? Is it garnishments, liens or seizures?

On July 1, 2010, in Indianapolis, Ind., David W. Pittman, of Greenwood, was sentenced to 12 months in prison, 18 months' home detention and two years of supervised release following his plea of guilty to income tax evasion.

If you're ever involved in a criminal trial with the IRS, your accountant may be forced to testify against you. Only with an attorney do you have "Attorney-Client Privilege".

Here's a listing of commonly-held beliefs about what the IRS can and cannot do regarding collecting taxes.

I find that most people who don't deal with their IRS problems until something ugly happens (like tax liens, seizure of property, bank accounts and other devastating IRS extreme measures) have one thing in common...

Past payroll tax relief provided to employers who reclassify their workers as employees.

Did you know that the IRS has their own "Secret Division"? Ok, well maybe it's not as covert as all of that, but most people don't know this division exists. And for good reason...Most people aren't criminals. Most people who don't pay their taxes do so because of financial crisis, a bad divorce or medical bills. By doing the right thing and working things out with the IRS, they stay out of trouble