Watch Out for IRS Stealth Audit – Avoid the CP2000 Exam

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...

Tax Season 2023 – 5 Tips from a Tax Attorney

by James Wade | Jan 5, 2023 | Income Taxes, IRS, IRS Penalties, Tax Controversies, Tax Deductions, Taxpayers

Tax Season 2023 – Five Tips from a Tax Attorney on How to Avoid Problems In this video, Attorney Wade discusses how to avoid five big traps that can cause trouble with the IRS. Contact Us I am Maine’s IRS Problem Solver. My firm helps Maine taxpayers in trouble....

IRS Tax Liens – What Are They?

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...

IRS Tax Levies – How to Prevent a Tax Levy

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...

IRS Tax Levies – How to Fix a Tax Levy

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...

IRS Tax Levies – What Can the IRS Seize?

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...