If you’re starting the year with IRS debt hanging over your head, you’re not alone. A lot of folks say that they’ll deal with it “after tax season” or “once things slow down”. Another year quickly passes and the problem continues to...
Income Taxes
Insights and Advice from Your Trusted Tax Resolution CompanyA Hidden Tax Trap: Why Couples Must Talk Honestly About IRS Problems
When staring down a tax problem, most people focus on the numbers. Sometimes however, the real danger isn’t financial, it’s personal. Especially if you have a life partner or spouse. Let me share a story that shows how silence between...
Why Speaking to a Tax Attorney is Valuable – Even If You Don’t Save Money
When facing a tax problem, usually the key concern is: “Will hiring someone save me money?” Dollars and cents are certainly important, but sometimes the value of certainty, closure, and peace of mind should not be disregarded. We get it,...
Solving Tax Debt Challenges for High-Income Earners: A Personal Story
I recently worked with a couple who reminded me how challenging dealing with the IRS can be, even for high-income earners. On paper, the couple seemed to have everything under control. The husband earned a significant salary and over time...
Tax Train Wrecks – The Case of the Scammed Senior
Tax Train Wrecks - The Case of the Scammed Senior In this video, Attorney Wade discusses a recent taxpayer victory! Learn how he helped a scammed senior citizen get relief from a tax debt caused by scammers who stole over $400k from her....
IRS Stealth Audit – What if the IRS is Potentially Right?
IRS Stealth Audit - What if the IRS is Potentially Right? In this video, Attorney Wade discusses what options you have even if the IRS may be right on the CP2000 letter. Don't just roll over and pay the bill. If you haven't watched the...
IRS Stealth Audit – How to Respond to a CP2000 Exam
IRS Stealth Audit - How to Respond to a CP2000 Exam In this video, Attorney Wade discusses how to respond to a CP2000 Exam or IRS stealth audit as he calls it. Learn what to look for to understand the CP2000 notice and then how to...
Watch Out for IRS Stealth Audit – Avoid the CP2000 Exam
Watch Out for IRS "Stealth Audit" - Avoid the CP2000 Exam In this video, Attorney Wade discusses the CP2000 Exam or IRS stealth audit as he calls it. Learn why the IRS' posted audit rate of 1% is deceptive. CP2000 examinations make up a...
IRS Tax Liens – How to Prevent a Tax Lien
IRS Tax Liens - How to Prevent a Tax Lien IRS Tax Liens – How to Prevent a Tax Lien In the last blog post, we discussed how to remove a Notice of Federal Tax Lien once it has been filed. Now we discuss how to prevent a Notice of Federal...
IRS Tax Liens – How to Remove a Tax Lien
IRS Tax Liens - How to Remove a Tax Lien IRS Tax Liens – How to Remove a Tax Lien In the last blog post, we discussed what property an IRS tax lien can reach and how it can impact you. Now we discuss how to remove a tax lien once it has...
IRS Tax Liens – What Property is Impacted?
IRS Tax Liens - What Property is Impacted? What Kinds of Property are Affected? The IRS tax lien attaches to all your assets as of the date of the lien as well as any future assets you acquire. Examples of potential future assets are:...
IRS Tax Liens – What Are They?
IRS Tax Liens - What Are They? What is an IRS Tax Lien? In legal terms, an IRS tax lien is an “encumbrance”, meaning a claim, against your property. Think of it like a home mortgage or car loan. A tax lien is NOT an asset seizure! An IRS...