Can the IRS collect taxes accrued in another state after you move to a different state?
- September 13th, 2016
- David Greene
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First, unfortunately there is no question that ones federal tax liability will follow him to another state. The IRS can easily find you by several means, so it is just a matter of time before those nasty letters will be…
Learn more about the ability to file subsequent Offers in Compromise after rejection.
- August 30th, 2016
- David Greene
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Last week I discussed the rejection of an Offer because the income was too high and then the Offer applicant was laid off. I discussed the necessity of having a source of income to file an Offer at any time….
Please visit my blog at www.greenelaw.legal to learn about the IRS “Dirty Dozen” tax scams.
- July 19th, 2016
- David Greene
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Each year the IRS compiles its Dirty Dozen tax scams – the worst of the worst. Here they are. 1. First on the list is Identity Theft. We addressed this in May. 2. Phone scams – One type of phone…
Can gift taxes be paid pver time?
- June 29th, 2016
- David Greene
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The overwhelming majority of tax problems originate with unpaid income taxes and deals are made on those every day. However, the IRS does indeed make deals on other kinds of taxes. Payroll, corporate and certain excise taxes are the next…
Which is better, an Offer in Compromise or Installment Agreement – Part 2
- June 21st, 2016
- David Greene
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In my last blog I stated that if the taxpayer does not qualify for an Offer in Compromise, then we look at an Installment Agreement that is intended to pay the debt in full. However, sometimes the IRS will accept…
Which is better, an Offer in Compromise or Installment Agreement?
- June 14th, 2016
- David Greene
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If you qualify for an Offer In Compromise due to your current financial situation, then it is always better to do the Offer. Often we can offer the IRS a small fraction of the total amount you owe. If the…
Learn what to do if you can’t pay the tax due on your return.
- March 29th, 2016
- David Greene
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First you should file your return on time even if you cannot pay the amount due. What you do not want to do is ignore the tax due. There are several ways you can arrange to pay the tax to…
Can a wage levy be stopped by agreeing to a voluntary payment plan?
- March 25th, 2016
- David Greene
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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)…
Can the IRS use private debt collectors to collect delinquent taxes?
- March 9th, 2016
- David Greene
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Yes, the IRS has begun that practice again, but only if certain criteria are met. If you remember, several years ago the IRS used private debt collectors on a wide variety of cases. They eventually stopped the practice due to…
What exactly is the Trust Fund Penalty?
- February 23rd, 2016
- David Greene
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First let me clarify that the Trust Fund Penalty is not really a penalty added to tax owed but is a portion of the payroll taxes owed by a corporation. The Trust Fund Penalty only applies to corporations, not to…