Search found 8 matches

by Rajneet
Fri Nov 08, 2019 11:29 pm
Forum: Tax Help Forum
Topic: Why This Should Be The Year You Pay Off Back Taxes
Replies: 5
Views: 70

Why This Should Be The Year You Pay Off Back Taxes

According to the IRS, more than 13.2 million Americans owe back taxes. The majority of these cases involve amounts that seem impossible to pay off. That leaves those tax-owing Americans in a difficult position. They want to pay, but they can’t, and the end result is feeling a lot of guilt about the ...
by Rajneet
Fri Nov 01, 2019 6:23 pm
Forum: Tax Help Forum
Topic: What is an Offer In Compromise?
Replies: 0
Views: 26

What is an Offer In Compromise?

Offer In Compromise, known as an OIC, is a program by the Internal Revenue Service (IRS) which allows taxpayers to settle their unpaid tax liability for a lesser amount in order to clear their total tax debt owed. In order to qualify for an OIC, some of the basic requirements must be met such as: • ...
by Rajneet
Fri Oct 18, 2019 7:11 pm
Forum: Tax Help Forum
Topic: What is Currently Not Collectible Status from The IRS?
Replies: 0
Views: 46

What is Currently Not Collectible Status from The IRS?

Big companies are known for getting all sorts of breaks, but when average people fall behind, they rarely receive help. When you owe back taxes, but can’t afford to pay them, then you may qualify for a special tax status known as currently not collectible. If you’re approved for currently not collec...
by Rajneet
Thu Oct 03, 2019 10:55 pm
Forum: Tax Help Forum
Topic: A tax professional who can guarantee results must be better than those who do not guarantee results.
Replies: 0
Views: 60

A tax professional who can guarantee results must be better than those who do not guarantee results.

Wrong! In fact, you should run away for any professional that guarantee results. In life, there is no such as a guarantee. No Tax Resolution company including ours can guarantee any kind of results. It the Internal Revenue Service (IRS) or the State that decides the final resolution and the outcome ...
by Rajneet
Mon Sep 23, 2019 11:07 pm
Forum: Tax Help Forum
Topic: Do you know what a bank levy is?
Replies: 1
Views: 78

Do you know what a bank levy is?

A bank levy is legal right of the Internal Revenue Service (IRS) to attach any funds in your bank account to pay for unpaid tax debt. Once the levy has been issued, the bank must hold the funds for 21 days before the funds are released to the IRS. The following are some facts you should know if you ...
by Rajneet
Wed Sep 11, 2019 11:51 pm
Forum: Tax Help Forum
Topic: How Do I Qualify for the Fresh Start Program?
Replies: 5
Views: 151

How Do I Qualify for the Fresh Start Program?

In 2011, the Internal Revenue Service (IRS) launched the Fresh Start Initiative and later expanded the program to help taxpayers resolve their tax debt. The program allows taxpayers to be placed on affordable payments based on their finances, avoid tax liens being filed, made an easier lien withdraw...
by Rajneet
Thu Sep 05, 2019 7:29 pm
Forum: Tax Help Forum
Topic: Can the IRS keep your tax refunds?
Replies: 0
Views: 89

Can the IRS keep your tax refunds?

YES, they can! If you owe the Internal Revenue Service (IRS) for back taxes, the IRS will keep your current tax year refund and all future tax year refunds until the tax debt has been satisfied. It is the government's right to hold refunds to satisfy any outstanding debt including any interest and p...
by Rajneet
Tue Aug 27, 2019 9:22 pm
Forum: Tax Help Forum
Topic: Can the IRS garnish your wages?
Replies: 0
Views: 104

Can the IRS garnish your wages?

Wage garnishment is the government's legal right in an attempt to collect unpaid back taxes. The IRS can not only garnish your pay check, they can also attach the garnishment to your social security benefits and pension benefits. Prior to issuing a garnishment, he IRS will send you a "FINAL NOTICE" ...