Author name: anckrdev

When a person has an unpaid tax debt, there are many things that could be taken from them by the Internal Revenue Service. This includes their wages, as the IRS can levy wages in relation to tax delinquency. Today, we will go over some important things to know about IRS wage levies. One is that […]

What profession they are in is among the things that can have significant tax implications for a person. For one, it can impact what sorts of tax deductions and credits are available to them. Reasons for this include that a person’s occupation can greatly impact what kinds of expenses they are likely to incur and

Interruptions of their typical sources of income can have deep financial implications for a person. Among the things that could lead to a taxpayer facing such disruptions are federal tax troubles. This is because one of the actions the Internal Revue Service sometimes takes in response to an unpaid tax debt is to initiate levies

There are certain situations that could have the potential to create significant problems for a small business owner. One of these is if tax troubles arise that lead to the Internal Revenue Service issuing a tax lien against them. When facing a tax lien, promptly seeking advice from a tax lawyer can be a crucial step

Over the next couple of weeks, many individuals here in Missouri will be tuning into the Summer Olympics (which kick off tomorrow) and rooting for our nation’s athletes to medal. Winning an Olympic medal is one of the highest honors in sports. Given current IRS rules though, this honor can lead to an American athlete

The Internal Revenue Service is subject to a variety of regulations and requirements when it comes to using tax liens against taxpayers in relation to tax debts. Among these are requirements related to issuing notice of a tax lien filing. In a recent report, the Treasury Inspector General for Tax Administration looked at samples of

A good deal of paperwork goes along with federal taxes here in America. This can be seen in a recent report that looked at how much time taxpayers in the U.S., in total, will likely spend on Internal Revenue Service paperwork this year. The study, by the Tax Foundation, based its findings off of Bureau

Prior to the start of the current tax filing season, the Internal Revenue Service mailed letters to 2.7 million taxpayers with IP PINs. For those unfamiliar with these IP PINs, they are six-digit numbers designed to provide enhanced security to those taxpayers who have been victimized or who are otherwise susceptible to tax-related identity theft.

Most types of income are required to be reported on one’s federal tax returns and are subject to the federal income tax. Being accused of failing to report or hiding taxable income can get a person in some very hot water with the Internal Revenue Service. Such allegations could lead to a taxpayer facing investigatory