Category Archives: IRS

Tax Season Is Coming: What to Do If You Already Owe the IRS

As tax season approaches, many people feel a familiar knot in their stomach, especially if [...]

What Is the Trust Fund Recovery Penalty (TFRP)?

If your business has employees, you’re responsible for withholding and sending their payroll taxes to [...]

Can the IRS Really Put You in Jail for Back Taxes?

When people find themselves owing back taxes, one of the first fears is: “Can the [...]

A Beginner’s Guide to Tax Resolution

If you’ve ever fallen behind on taxes, received a scary IRS letter, or worried about [...]

Penalty Abatement: How to Reduce or Remove IRS Penalties

One of the most frustrating parts of owing back taxes isn’t just the debt itself, [...]

What Triggers an IRS Audit & How to Avoid It

What Triggers an IRS Audit? The words ‘IRS Audit’ can make anyone’s heart race. But [...]

Can the IRS Take Your Wages or House? What You Need to Know About Liens and Levies

Overview: Learn what the IRS can legally take through liens and levies, the difference between [...]