tax-lien-versus-tax-levy

What Is the Difference Between A Tax Lien and A Tax Levy?

If you neglect to pay your tax debt, you could find yourself on the receiving end of a letter from the IRS. The IRS has the right to collect money owed to the federal government, and state agencies can also impose liens and levies to recover unpaid tax liabilities. But what are liens and levies, and how are they different?

what-triggers-a-letter-from-the-irs

What Triggers A Letter from the IRS?

The Internal Revenue Service is treated as something of a boogeyman by many Americans. People speak in hushed tones about audits and garnished wages and are intimidated by the thought of speaking to an agent.

IRS Unveils New Taxpayer Relief Initiative

The IRS has introduced the Taxpayer Relief Initiative (TRI). This new set of policies aims to alleviate the cumulative financial strain the pandemic has placed on millions of families.

cathy-strobeck-atlanta-cpa-book

An Interview with Author and CPA Cathy Strobeck

Cathy Strobeck, CPA, is the owner of Atlanta area based Add-Vantage Accounting Services, Inc. and the author of Solving the Puzzle: How Small Business Owners Can Grow Their Business and Avoid Tax Trouble.

irs-repayment-options

What are the IRS Repayment Options?

What happens when you owe the IRS more money than you can afford to pay by the due date?