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IRS Sues Adult Children to Collect Their Parent's Tax Debt and FBAR Penalties
July 24th, 2020
Tax debt is notoriously hard to get rid of. The IRS is a zealous creditor with some tax liabilities even surviving bankruptcy. If you owe significant unpaid taxes, the IRS has a variety of ways to collect on that debt. But could those collections aff…
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Court Says Taxpayer Could Not Redeem Real Estate Sold Under Tax Lien
May 11th, 2020
Taxpayers who sink their assets into real estate rather than pay their taxes can find themselves facing sheriff sales when the IRS comes to collect what is owed. One taxpayer tried to use a Utah law to redeem real estate sold under a tax lien, but th…
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U.S. Tax Court Suspends IRS Tax Levy During Tax Appeal
April 24th, 2020
Can the IRS continue to seize your income even if you are appealing a tax determination? Can you stop an IRS tax levy if you believe there was an error, or do you simply have to pay now and sue later? The U.S. Tax Court provided a helpful summary of…
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Bankruptcy Court Lifts Stay for IRS to Collect Tax Lien on Retiree’s Pension
April 10th, 2020
Bankruptcy attorneys often advise clients that filing their bankruptcy petition will put an end to collections efforts by creditors. However, tax attorneys know that the IRS does not give up so easily. A recent bankruptcy court case shows that an aut…
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The IRS Offer in Compromise: What You Should Know
January 21st, 2020
If you are substantially behind on your personal taxes you may be considering a tax settlement. In some cases, an offer in compromise can offer you a quicker resolution and reduce the total amount paid to the IRS. However, before you submit an IRS of…
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IRS Sends Warning Letters to Taxpayers Facing Passport Revocation
November 25th, 2019
Taxpayers living overseas or traveling for months at a time may worry that they won’t receive notification of IRS passport revocation until it is too late. Find out how a newly approved warning letter can help taxpayers respond before they are cert…
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Audit Reveals Problems in IRS Passport Revocation Procedures
November 12th, 2019
For the last few years the IRS has certified taxpayers with seriously delinquent tax debt to have their passport applications denied or their existing passports revoked. The program may be successful in collecting overdue taxes, but as a recent audit…
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IRS Seizes Social Security Benefits to Pay Tax Debt: Should You Be Worried?
May 24th, 2019
When Motown writer Edward J. Holland, Jr., owed the IRS nearly $20 million, the agency took some extreme steps to collect on the tax debt. It even seized 100% of his social security payments. Find out how the IRS could do that, and whether you need t…
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IRS Places Levy on Royalties to Motown Artist for Unpaid Tax Debt
May 10th, 2019
Being a Motown artist behind famous songs like “Stop in the Name of Love” and “You Keep Me Hangin’ On” doesn’t excuse not paying millions of dollars in tax debt. But did the IRS go too far when it placed a levy on royalties owed to Gold F…
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Will They Stop You At the Airport for Your Tax Debt?
April 10th, 2019
There has been a lot of news lately about the IRS certifying taxpayers to the State Department for seriously delinquent tax debt. Certification means a taxpayer’s passport will not be renewed and could be revoked. If you are behind on your taxes, d…
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