You have probably seen TV commercials saying “Settle Your Back Taxes for a Fraction of What You Owe” or “Settle Your Tax Bill for Pennies on the Dollar” it sounds appealing but in reality, it's not so easy to get the IRS to settle a...

Barney and Betty have been married for 20 years and have filed as married for all of those years. Different companies employed them each, and when the pandemic hit, they were both furloughed and remain unemployed. They haven’t yet filed 2018 or their 2019 taxes...

M is for Marriage - This story is about a married couple, Mary and Paul. Mary kept asking her husband these questions, hoping he would finally have an answer. "How did you get us into this financial mess?" "We have our bills, how are we going...

Levies are different from liens. A lien is a legal claim against your property to secure payment of your tax debt, while a levy actually takes the property to satisfy the tax debt. A federal tax lien comes into being when the IRS assesses a tax against you and sends you...

The Taxpayer Bill of Right The protection and fundamental rights you have with the IRS The IRS has adopted a Taxpayer Bill of Rights, as proposed by National Taxpayer Advocate Nina Olson. It applies to all taxpayers in their dealings with the IRS. The Taxpayer Bill of...

Overview: Jeopardy assessments are made in situations where, prior to the assessment of a deficiency, it is determined that the assessment or the collection of such deficiency would be endangered if regular assessment procedures were followed. There are three IRC sections authorizing jeopardy assessments: IRC 6861...