Automatic Stay Upon Filing The moment you file for bankruptcy, an automatic stay goes into effect. This immediate action halts any collection efforts from creditors, including the IRS. They must stop wage garnishments, levies, and any other actions they were about to...

The United States Tax Court is not part of the Department of the Treasury, which oversees the IRS. Instead, it is an independent judicial body where taxpayers can dispute the IRS’s decisions before paying the disputed amount. Tax Court decisions can be appealed to the...

'Currently Not Collectible' (CNC) status refers to a temporary pause in the active collection of a taxpayer's back tax liability. It is a status that the IRS assigns to a taxpayer's account when it determines that the taxpayer cannot pay any of their tax debt without...

Wage garnishment is a legal procedure where a person's earnings are required by court order to be withheld by an employer for the payment of a debt (such as unpaid taxes). This article covers the intricacies of wage garnishment as a method of IRS collections, its...

Innocent Spouse Relief protects innocent spouses from being unjustly burdened with tax debts they did not incur. Innocent Spouse Relief allows a spouse to be relieved of responsibility for paying tax, interest, and penalties if their spouse (or former spouse)...

Penalty abatement refers to the reduction or removal of penalties imposed by the IRS. This article provides an in-depth explanation of penalty abatement, its various forms, eligibility criteria, the application process, and potential outcomes. Understanding IRS...

In the context of IRS collections, the Statute of limitations is typically 10 years from the date the tax is assessed. This means that the IRS has a 10-year window to collect on tax debts from the date of assessment.  However, the collection period be extended...

The Collection Due Process Hearing, often abbreviated as CDP, is a crucial component of the Internal Revenue Service's (IRS) collection process. This hearing provides taxpayers with an opportunity to dispute or challenge the IRS's intent to levy or lien on their...

No one enjoys the process of filing and paying taxes. If you're self-employed, operate an LLC, or have a side hustle, you may carry the additional burden of paying estimated quarterly tax payments. The rules, regulations, and filing process can seem overwhelming, but...

Are you facing a large tax bill without the ability to pay it in full? Did you fail to withhold enough from your paychecks to cover the amount due? Did your bookkeeper fail to make estimated tax payments? Whatever the reason you fell behind on your taxes, you can...