by James Wade | Feb 6, 2020 | Income Taxes, IRS, IRS Back Taxes, Offers in Compromise, Tax Controversies, Uncategorized
IRS Final Notice of Intent to Levy. Now What? In my prior post, I described how the IRS bills taxpayers. One of those dreaded letters is the final notice of intent to levy. If you see the following line on your IRS notice, sit up and take notice: Intent to seize your...
by James Wade | Jan 23, 2020 | Income Taxes, IRS, IRS Back Taxes, IRS Tax Liens, Taxpayers
What Do All These IRS Collection Letters Mean?! The IRS is the collection arm of the US Treasury. If you’ve never paid all your bills on time, you know that you will very likely get a letter asking for payment. The IRS is no different. Collection letters from...
by James Wade | Jan 13, 2020 | IRS, IRS Back Taxes, IRS Penalties, Taxpayers
Why You Should File Your Taxes on Time Even if You Can’t Pay The IRS just announced that January 27, 2020 will be the official start of tax season for individuals. I consider it important to remind people that if you cannot pay your taxes, don’t panic, just make...
by James Wade | Nov 6, 2019 | Divorce, Income Taxes, IRS, Tax Controversies
Tax Returns and Divorce Taxes are one of life’s inevitables. You cannot avoid it even while getting a divorce. In this blog post, I lay out three things to understand when dealing with tax returns in divorce. Why you need to get advice before filing a return...
by James Wade | Nov 4, 2019 | Divorce, Income Taxes, Taxpayers
Hidden Tax Traps in Divorce Your Attorney Won’t Tell You About Look. Your attorney is doing the best job he or she can. Family law is what they do day in and day out. He or she is just not a tax expert and may not know about all the tax traps in divorce. If I...