Posts Tagged ‘payment plan’

What if you can’t pay what you owe on your tax return?

  • April 11th, 2017
  • David Greene
  • Comments Off on What if you can’t pay what you owe on your tax return?

First let me remind everyone that Tax Day is getting very close.  The deadline to file is April 18 this year due to a Washington, DC holiday.  Also, let me make it clear that you always need to file your…

How is a tax levy different from a lien?

  • March 28th, 2017
  • David Greene
  • Comments Off on How is a tax levy different from a lien?

This week I want to discuss how a levy differs from a lien.  While a lien is simply recorded at the courthouse and is therefore a “passive” collection action (nothing happens until the taxpayer sells property), a levy is an…

Can a tax lien be used to seize your home?

  • March 21st, 2017
  • David Greene
  • Comments Off on Can a tax lien be used to seize your home?

No, the IRS will not seize your home as a result of this Lien.  They would have to start a legal proceeding to reduce the lien to a judgment.  However, this lien does affect your property.  You can think of…

How to tell if your worker is an employee or independent contractor

  • February 22nd, 2017
  • David Greene
  • Comments Off on How to tell if your worker is an employee or independent contractor

Many small businesses are audited by the IRS each year to determine if their workers are truly independent contractors or really employees.  If they are found to be statutory employees, large fines and delinquent payroll taxes can result.  If your…

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