by James Wade | Jan 11, 2023 | Income Taxes, IRS, Tax Controversies, Taxpayers
IRS Stealth Audit – How to Respond to a CP2000 Exam In this video, Attorney Wade discusses how to respond to a CP2000 Exam or IRS stealth audit as he calls it. Learn what to look for to understand the CP2000 notice and then how to properly respond. If you...
by James Wade | Jan 5, 2023 | Income Taxes, IRS, Tax Controversies, Taxpayers
Watch Out for IRS “Stealth Audit” – Avoid the CP2000 Exam In this video, Attorney Wade discusses the CP2000 Exam or IRS stealth audit as he calls it. Learn why the IRS’ posted audit rate of 1% is deceptive. CP2000 examinations make up a large...
by James Wade | Nov 1, 2022 | Income Taxes, IRS, IRS Tax Liens, Tax Controversies
IRS Tax Liens – What Are They? What is an IRS Tax Lien? In legal terms, an IRS tax lien is an “encumbrance”, meaning a claim, against your property. Think of it like a home mortgage or car loan. A tax lien is NOT an asset seizure! An IRS tax lien does not...
by James Wade | Oct 27, 2022 | Income Taxes, IRS, IRS Tax Levies, Tax Controversies
IRS Tax Levies – How to Prevent a Tax Levy In my last post, I talked about what to do if you find you have been levied. You can find that and prior posts on tax levies here, here, and here. In this post, I will discuss how to prevent a tax levy in the first...
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...