Delinquency

The Internal Revenue Service (IRS) has a number of tools to help in collection of taxes. One of the more commonly used is the threat of fines, but a new tool provided by Congress is getting criticized not just by those who could be impacted, but by tax professionals as well. The IRS' new, … [Read more...] about Congress extends the abilities of the IRS to collect taxes

This year is finally coming to a close, and 2017 is right around the corner. This means, for many people, setting out the inevitable New Year's resolutions. They could be fairly standard, involving personal goals like working out more, losing weight, eating better or putting steps in place to secure … [Read more...] about As the New Year dawns, resolve to become tax compliant in 2017

The Internal Revenue Service offers some advice to taxpayers who owe tax money, but it may not be the right advice for your situation. At the end of the day, the IRS is in the business of collecting tax money, not giving away free financial advice. While some of the agency's suggestions make sense, … [Read more...] about The Internal Revenue Service offers advice for paying taxes

Property owners across Texas make tax payments yearly on their homes and other real estate. When families are faced with tax bills that they can't pay, the situation can become frightening. If property taxes become delinquent, individuals can face losing their homes or businesses, which is one … [Read more...] about Delinquent property taxes: You might not need that loan

While it's true that the Internal Revenue Service has a long reach when it comes to collecting taxes, particularly if you are delinquent on what you owe, it's also true that they can only collect what you have. Even the IRS will work with individuals who show true desire to pay taxes, and one way … [Read more...] about Reduce the burdens of paying your taxes