Can You Get Money Back If the IRS Levies Joint Bank Accounts?
When the IRS levies a bank account, it can freeze all of the funds in that account, up to the amount owed in back taxes. Unfortunately, it doesn’t just affect
Understanding What’s Next if You Owe the IRS $20,000
Owe the IRS $20,000? Understanding What To Do Next Owing $20,000 (or more) to the IRS is a substantial financial problem that’s likely causing you a lot of stress and
What the LT11 Notice from the IRS Means and What to Do
LT11 Notice: How to Protect Your Assets From IRS Seizure IRS Notice of Intent to Levy (LT11), which is very similar to Letter 1058, informs you that the IRS is
Fear Versus Fact: Can I Go to Jail for Unpaid Taxes?
Will I Go to Jail for Unpaid Taxes? Separating Fear from Fact If you owe money to the IRS for back taxes, you already know that you face the prospect
Navigating a FL Sales Tax Audit as a Business Owner
Navigating a Florida Sales Tax Audit: A Business Owner’s Guide If you file sales tax returns in Florida, there’s always a chance that you could be selected for a sales
How Government Shutdowns Affect the IRS and Tax Payments
Taxpayer Guide to Government Shutdowns Why You Still Need to File and Pay on Time U.S. law requires Congress to pass an annual budget – and if one isn’t passed
Florida Sales Tax for Businesses Explained
Florida Sales Tax: A Guide to Compliance for Businesses Every business in Florida that sells products or services must understand the state’s sales tax laws. As a business owner, you
What Happens If You Ignore IRS Notices About Tax Debt?
The Escalating Consequences of Ignoring IRS Notices Nobody likes getting mail from the IRS. However, burying your head in the sand and ignoring the notices can quickly land you in
What Can the IRS Take If You Don’t Pay Your Taxes?
What the IRS Can and Cannot Take: Your Complete Guide to IRS Seizure Power Receiving an IRS notice about potential asset seizure can be frightening, especially if it’s unexpected. However,
What if You Don’t File Taxes? Penalties to Legal Charges
What Happens If You Don’t File Taxes? From Loss of Refund to Jail You’ve been procrastinating on filing taxes, and you eventually missed the deadline. And now you’re panicking, and