Three of the most frightening words in the English language are Internal Revenue Service. Few government agencies can strike fear into the heart of citizens like the IRS, and the tax agency enjoys powers most parts of the government simply do not have.
Unlike those other government agencies, the IRS has the ability to garnish your wages, freeze your bank accounts and seize your property. If you owe money to the IRS, doing nothing is simply not an option.
But should you negotiate with the agency on … (0 comments)
levy: Tax Filing Season Begins in Memphis TN
- 01/06/20 08:40 PM
January 27th will be here before you know it! Do you have your tax documents in order? Book a FREE 15-minute discovery call with us today by clicking here.
levy: Understanding an IRS LEVY & How It Works in Memphis, TN
- 10/08/19 06:58 PM
A levy is a legal seizure of your property to satisfy a tax debt. Refusal to pay the tax will result in the IRS issuing a levy after they assess the tax and send a tax bill or a Notice and Demand for Payment. If you still refuse to pay, then the IRS will issue a Final Notice of Intent to Levy and Notice of Your Right to a Hearing at least 30 days before the levy. The IRS may give you this notice in person, leave it at your home or business, or send it to your last known address by certified … (0 comments)
levy: How the IRS Collections Process Works - Memphis, TN
- 08/15/19 05:21 AM
McDonald Tax Consulting represents individuals as well as small businesses in Memphis, TN, Northern MS, and Eastern AR, who are dealing with IRS and State Tax Problems. The problems may include past due taxes or unfiled tax returns.
The IRS Collections Process Can be Confusing and Scary! The collection process is a sequence of actions that the IRS can take to collect the taxes owed by taxpayers if they don't voluntarily pay them. Understanding the collections process is fundamental to resolving tax issues. From filing a tax return to receiving the final notice of intent to levy, the IRS does follow a logical sequence of collection activities. The IRS … (0 comments)
Owe Back Taxes to the IRS? The Pros and Cons of Using a Tax Resolution Service
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