Alternatives to the Seizure of your Home for Delinquent Taxes.
- July 9th, 2019
- David Greene
- Comments Off on Alternatives to the Seizure of your Home for Delinquent Taxes.
There are several collection alternatives to seizure that are available to taxpayers. In fact, seizure of your home or other property is the last avenue the IRS will pursue. I am not discussing levies on wages or bank accounts here….
Is this a good time to file an Offer In Compromise?
- May 14th, 2019
- David Greene
- Comments Off on Is this a good time to file an Offer In Compromise?
The answer is both yes and no. In general, i.e. in terms of “now” as opposed to several years ago, this is a good time to deal with the IRS. They have generally been more willing to compromise and make…
Can VA disability payments be levied by the IRS?
- January 29th, 2019
- David Greene
- Comments Off on Can VA disability payments be levied by the IRS?
There is a federal statute that generally protects VA disability income from attachment, levy or seizure. However, in a recent federal case from Colorado, the judge ruled that this statute does not apply to levies issued by the IRS so…
Can a Family Court Order stop the IRS from collecting delinquent taxes?
- January 8th, 2019
- David Greene
- Comments Off on Can a Family Court Order stop the IRS from collecting delinquent taxes?
Unfortunately, the answer to your question is no. Since the IRS is a federal agency, it is not bound by a state Family Court order. I assume you and he filed joint returns for the years in question. Therefore, you are…
What should you do when you receive a certified letter from the IRS?
- December 6th, 2018
- David Greene
- Comments Off on What should you do when you receive a certified letter from the IRS?
Many people are afraid to pick up a certified letter from the Post Office and are afraid to open it. However, you cannot help yourself by failing to act. Here is some advice on what to do when you receive…
What is the “Agreement” part of an Installment Agreement?
- October 2nd, 2018
- David Greene
- Comments Off on What is the “Agreement” part of an Installment Agreement?
An Installment Agreement with the IRS is when the taxpayer agrees to pay a set sum of money for a set duration of time until either the liability owed is paid in full, or the collection period for the liability…
Can a wage levy be stopped by agreeing to a voluntary payment plan?
- September 12th, 2018
- David Greene
- Comments Off on Can a wage levy be stopped by agreeing to a voluntary payment plan?
The answer depends on who is levying the wages. The South Carolina Department of Revenue will not release a levy after it has attached until the levy is paid in full. They take 25% of the employee’s gross (before taxes)…
What are my rights as a taxpayer?
- August 28th, 2018
- David Greene
- Comments Off on What are my rights as a taxpayer?
The Taxpayer Bill of Rights (TBOR) outlines the 10 fundamental rights taxpayers have when working with the Internal Revenue Service. The IRS wants every taxpayer to be aware of these rights in the event they need to work with the…
How to get your passport restored if it has been restricted due to delinquent taxes.
- June 21st, 2018
- David Greene
- Comments Off on How to get your passport restored if it has been restricted due to delinquent taxes.
In prior blogs, I have discussed how the Passport Restriction program works and listed some exceptions to the rule. Now I will list ways to get the restrictions lifted. (1) Pay the debt in full. (2) Enter into a full-pay Installment Agreement….
Can the IRS make an employee adjust his withholding amount on his paycheck?
- June 5th, 2018
- David Greene
- Comments Off on Can the IRS make an employee adjust his withholding amount on his paycheck?
Yes, they can but sometimes you should voluntarily make that adjustment yourself. It is a common issue among our clients that they do not have enough taxes withheld from their paycheck. When you work as an employee, you fill out…