by James Wade | Oct 25, 2022 | Income Taxes, IRS, IRS Tax Levies, Tax Controversies
IRS Tax Levies – How to Fix a Tax Levy In my last post, I talked about what property the IRS tax levy can reach. You can find that and prior posts on tax levies here and here. In this post, I will discuss how to fix a levy if you are so unfortunate as to be...
by James Wade | Oct 20, 2022 | Income Taxes, IRS, IRS Tax Levies, Tax Controversies
IRS Tax Levies – What Can the IRS Seize? In my last post, I introduced some of the basic issues that arise when the IRS decides to take more aggressive collection action against taxpayers. You can find that post here. Here is the cliff notes version: IRS does...
by James Wade | Oct 18, 2022 | Income Taxes, IRS, IRS Tax Levies, Tax Controversies
IRS Tax Levies – What Are They? Tax Levies – What Are They and How Do They Compare to a Tax Lien An IRS tax levy is a legal seizure of your property by the IRS to pay down your tax debt. Do not confuse a tax levy with a tax lien. An IRS tax lien is a legal...
by James Wade | Oct 13, 2022 | Divorce, Income Taxes, IRS, Tax Controversies
Innocent Spouse Relief – 5 Traps to Avoid Transfer of Assets The first and biggest trap in regards to innocent spouse relief is receiving assets from your spouse or former spouse. In some cases, you may either be denied relief or have the amount of relief...
by James Wade | Oct 11, 2022 | Divorce, Income Taxes, IRS, Tax Controversies
Innocent Spouse versus Injured Spouse What is the Difference between Innocent and Injured Spouse We spoke a bit in an earlier blog post about innocent spouse relief. Injured spouse relief is a different kind of relief. Often confused, these two similar sounding relief...
