Rep. David Alcos was accused of failing to disclose millions of dollars in debts to various creditors including the IRS and ...
Q: I have a client who owes money to the IRS. While I know the IRS likely has a tax lien, my understanding was it just waits ...
Social media scams caused thousands to file inaccurate returns last tax season. Here's what you can do to amend your return.
A tax lien can make it challenging to sell or refinance your property until the debt is satisfied. The IRS has the authority to garnish your ... Filing taxes can be an intimidating process, filled ...
Given new resources from the Inflation Reduction Act the IRS has now recovered over $1 billion from wealthy individuals who have not paid taxes since 2017.
Treasury Secretary Janet Yellen and IRS Commissioner Danny Werfel traveled to Austin, Texas, to tour an IRS campus and ...
The IRS is also targeting about 1,600 millionaires with more than $250,000 in tax debt that they have not paid. Nearly 80% of those taxpayers have now made a payment, resulting in $1.1 billion ...
The lender uses a tax service to prevent a tax lien, which would allow the state to take possession of the property ahead of the lender. On the buyer’s side, a tax service agency ensures the ...
The Tax Court denied the IRS’s motion for summary judgment for lack of jurisdiction because the taxpayer’s petition was untimely filed but dismissed the case, holding that the notice of deficiency ...
Internal Revenue Service. "Tax Benefits for Education: Information Center." Internal Revenue Service. "About Form 8917, Tuition and Fees Deduction." Internal Revenue Service. “Education Credits ...