Is failure to file a tax return reason enough to subject one to criminal charges?
- February 6th, 2018
- David Greene
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I have many clients who have not filed a tax return in 10 years or more. These clients do not need to worry about going to jail unless he or she set out to deliberately evade taxes and cheat the…
How to get an IRS lien released
- January 19th, 2018
- David Greene
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Once the IRS records a lien against you it is very difficult to get it removed. However, as part of the Fresh Start Program, they have recently made several collection procedure changes designed to help taxpayers. One is that they…
How many different ways can the IRS try to collect taxes I owe – Part 2?
- December 27th, 2017
- David Greene
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First, let me say that I hope all my readers had a wonderful Christmas. Two weeks ago. I mentioned several collection methods. This week I will discuss seizure of property in more detail. If the taxpayer still does not pay…
Merry Christmas
- December 20th, 2017
- David Greene
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As you read this article we are now in the week before Christmas. As an adult I ask “how did it get here so fast” but as a child I would ask “when will Christmas ever get here?!” As with…
How many different ways can the IRS try to collect taxes I owe?
- December 12th, 2017
- David Greene
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This is a good question, but one that cannot be answered in a short space. I will just discuss the primary methods. When one does not pay her taxes, she will first receive a friendly letter stating that she has…
Can failure to pay taxes result in jail time?
- November 28th, 2017
- David Greene
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Yes you can go to jail for non-payment of taxes, but your failure to file and pay must be with the deliberate intent to defraud the government. In most cases the failure to file is not a deliberate attempt to…
Suggestions for Recovering Lost Financial Records
- November 7th, 2017
- David Greene
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Here are some suggestions for recovering your financial records if they are lost or destroyed in a hurricane or other natural disaster: (1) get a copy of your tax transcript from the IRS; (2) Request copies of records (bank statements,…
Does the Frersh Start program work for companies?
- October 17th, 2017
- David Greene
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The Fresh Start program for companies is not discussed much, but it is there in a different format. The Fresh Start for business offers an Express Installment Agreement. To qualify, the business must meet the following criteria: (1) the amount…
What is the Expanded Fresh Start Program?
- October 10th, 2017
- David Greene
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The Fresh Start program has been expanded. It was recently expanded to help taxpayers who owe up to $100,000 in delinquent taxes. They will be able to enter into an Expedited Installment Agreement if they can pay the balance due…
Learn what the IRS charges to set up an Installment Agreement.
- August 29th, 2017
- David Greene
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The IRS charges a user fee to set up an Installment Agreement for a taxpayer. The IRS used to charge a user fee of $43.00 to set up the account for the Installment Agreement. However, several years ago, this fee…