income: 'Tis a Taxing Time
- 03/29/09 09:26 AM
TAX FAQ answers you need when dealing with clients to buy or finance: Can the IRS take money from my bank account without permission? They absolutely can, and will if they start enforced collections. The IRS has the authority to utilize extreme tactics to collect taxes. Tactics include placing a "levy" against your bank accounts, which allows them to withdraw up to the entire tax amount owed! Does not matter if you need the money to make payroll, pay your mortgage, or whatever. The checks you've already written against the funds will just bounce. Luckily you have 21 days in which … (0 comments)
TAX FAQ answers you need when dealing with clients to buy or finance:
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