Texas residents are very much aware of the power of the Internal Revenue Service. As we approach the end of the year, many individuals and business owners will likely begin to think about how taxation will need to be addressed, and the most financially expedient way to do it with experienced support … [Read more...] about Should Texas residents worry about the IRS and vital currency?
Employment tax issues and the power of the IRS
For Texas businesses, one of the most serious financial problems that can be faced is employment tax issues. When a business fails to pay any or all of the required withholding taxes related to employee paychecks, the Internal Revenue Service may take very strong action. Understanding employment tax … [Read more...] about Employment tax issues and the power of the IRS
What is the IRS online payment agreement?
The Online Payment Agreement Application is a web-based process offered by the Internal Revenue Service for individuals and businesses that cannot pay all taxes owed on the due date. Though the agreement, which sets up an installment account for qualifying individuals, can be helpful in some cases, … [Read more...] about What is the IRS online payment agreement?
Can the IRS take your entire paycheck for back taxes?
When an individual owes money to the Internal Revenue Service, it can be frightening to consider the things the agency may do to collect the money. In some cases, the individual is even disputing the owed taxes while living in fear that bank accounts will be drained or pay checks taken. Though the … [Read more...] about Can the IRS take your entire paycheck for back taxes?
Don’t face the power of the IRS alone
Both the American and the Texan spirit is traditionally lauded for individuality and a can-do attitude. Facing the power of the IRSwith a DIY plan isn't always the best idea, however, especially if you've already received notice of tax liens or late payments. It may seem straightforward to … [Read more...] about Don’t face the power of the IRS alone
Scams using power of the IRS are still prevalent and spreading
A letter or phone call from the Internal Revenue Service is one thing that brings an immediate blood-pressure jolt to almost any business owner or individual in Texas. Though IRS issues such as audits or collection activities are very serious matters, it is important to ensure you are actually … [Read more...] about Scams using power of the IRS are still prevalent and spreading