Notification of an IRS Tax Lien can be intimidating to process. But dealing with it doesn’t have to be. This is important to know: if you have a Federal Tax Lien filed against you, it’s important that
Read MoreA recent IRS ruling tying up a loose end in the 2020 economic-relief law could require many small businesses to pay taxes on government PPP aid meant to help through the pandemic.On Nov. 18, the agency
Read MoreA very common question that comes up in our tax legal defense work involves the term "tax evasion" and whether it is always considered a felony criminal offense.The short answer is, yes, tax evasion is
Read MoreBankruptcy may be a popular remedy for towering balances on credit cards, getting houses out of foreclosure, and eliminating enormous medical bills. But bankruptcy can be used for more than that; it can
Read MoreThe Paycheck Protection Program (PPP) loans are a popular option for businesses struggling due to COVID-19, but understanding the tax obligations associated with them can be confusing and challenging,
Read MoreMaybe you've just finished preparing your tax return and you find that you owe the IRS a large sum, but you can’t afford to pay it. Are you going to jail? Probably not. The realization that you can’t
Read MoreWhen you're dealing with financial hardship, just making ends meet throughout the month is a challenge, and it's likely you wouldn't be able to add another payment into your budget. That said, when you
Read MoreThe IRS Offer in Compromise program is a terrific opportunity for taxpayers to get a fresh start by wiping away their tax debt. However, it is not without its drawbacks. There is a lot of misinformation
Read MoreIf you intentionally fail to pay taxes or underreport your taxable income, you could be charged with tax evasion. In order to be convicted of tax evasion, the IRS must show that you deliberately tried
Read MoreAnd there are many ways to incur those penalties. Violating federal employment tax rules is very serious business – and not just for employers – employees will suffer as well.Both employers and employees
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