Recent Entries

• Minimum Income for Filing Taxes

  by Stephen Weisberg February 25, 2019
  Most people living in the United States are required to pay taxes, but there are a few exceptions. Some people aren’t required to pay taxes if they meet certain requirements. One of those requirements is called the minimum income requirement. This means that if you make under a certain amoun...

• When Will the IRS Seize Property?

  by Stephen Weisberg January 3, 2019
  If you owe money in back taxes, you might be worried about the Internal Revenue Service (IRS) going after your personal property. Yes, they do have the right to seize almost everything, from your wages to the money in your bank accounts to your house. If you are afraid that the IRS is coming after...

• How to Qualify for IRS Penalty Abatement

  by Stephen Weisberg October 23, 2018
  When you fail to pay your taxes on time, the IRS has a lovely way of getting you back for that. It’s called penalties. Penalties are sort of like late fees for not paying your taxes before the date they’re due in mid-April. If you haven’t paid your taxes for an extended period of...

• Negotiating an Offer in Compromise with the IRS

  by Stephen Weisberg September 20, 2018
  If you’re behind on your taxes, you are probably wondering whether there are any options for becoming square with the IRS—aside from paying the full amount owed in one lump sum. There are definitely ways to pay off your tax debt other than the obvious and difficult pay-it-all-at-once met...

• How Do Tax Liens Work?

  by Stephen Weisberg August 6, 2018
  If you’re behind on your taxes, the IRS has many ways of convincing you to pay. Your wages could be garnished, your bank accounts could be levied, and liens could be placed on your personal property. What is a tax lien? A lien is a claim against your property that your debt collectors can pl...