by James Wade | Feb 28, 2018 | Income Taxes, IRS, IRS Back Taxes, Tax Controversies, Taxpayers
What to do with the IRS Final Notice? If you receive an IRS final notice of intent to levy, you need to act now! Recently, I blogged about IRS collection notices. For the most part, IRS collection notices are just reminders to pay your taxes. Not so with IRS final...
by James Wade | Feb 27, 2018 | Income Taxes, IRS, IRS Back Taxes, Tax Controversies, Taxpayers
Current Tax Compliance – Why It is So Important Last week, I wrote a blog called: 3 Things You Need to Know About Back Taxes. The big takeaway I wanted readers to leave with is: the IRS wants you to get into tax compliance! I think it is so important that I am...
by James Wade | Feb 22, 2018 | IRS, IRS Back Taxes, Tax Controversies, Taxpayers
Owe Back Taxes to the IRS? Here Are 3 Things You Need to Know. I know the title is a bit click-bait-y but if you are here reading this then it worked. Don’t worry, I am a man of my word and there are indeed 3 things you need to know about back taxes. These 3...
by James Wade | Feb 19, 2018 | Income Taxes, IRS, Tax Controversies, Taxpayers
My firm represents taxpayers with tax problems across Maine. A frequent question I receive is: what do all these IRS collection notices mean?! These notices serve two purposes: one, they inform the taxpayer of how much is due and two, the IRS asks to be paid otherwise...
by James Wade | Mar 27, 2017 | Fraud & Scams, Tax Fraud, Taxpayers
Identity theft and tax refunds are big business for fraudsters. To give you an idea of the scope of this problem, in 2015, from January through November, the IRS rejected or suspended the processing of 4.8 million suspicious returns – the refunds claimed on...
by James Wade | Feb 13, 2017 | Income Taxes, Taxpayers
If you owe money to the IRS, you face possible seizure of your assets such as wage garnishment or a bank levy. In some rare cases, the IRS can even foreclose on your home. This post is intended to give you some basic knowledge of what an IRS levy is and what you can...