Common Debt Consolidation Terms
We’ve previously provided concise definitions for various terms related to debt resolution. We also discussed the basic purpose and mechanics of debt consolidation in the earlier post. In this post...
View ArticleUnderstanding New York Tax Warrants
Falling behind on tax obligations is a very common phenomenon. It can happen for a whole variety of reasons. As New Yorkers, we understand, perhaps better than anybody, the difficulty of balancing...
View Article4 Tips to Avoid IRS Tax Debt
Falling behind on personal income taxes can happen to anyone, but it’s not inevitable. With just a little advance planning, taxpayers can reduce the likelihood of falling behind with the the Internal...
View ArticleTax Levy Strategies
Learning about tax terminology and basic tax concepts is important. That’s why we devote so much effort toward this task. But it’s equally important to know how to respond when the IRS attempts to...
View ArticleLimits on IRS Collections
Dealing with IRS tax debt can be a very onerous task. If you have unpaid tax debt, this can lead to a variety of negative consequences. You can have your wages garnished, your bank account frozen, or...
View ArticleWhat’s YOUR Audit Risk?
For those who itemize their tax return, understanding the differences in risk between tax deductions is highly beneficial. Not all tax deductions carry equal audit risk. Though all deductions will...
View ArticleIRS Private Tax Collectors
The Internal Revenue Service has recently started a new collection program. Specifically, it has begun engaging in the practice of assigning tax debt accounts to private collection firms. This...
View ArticleCannabis Industry Tax
The cannabis industry is still relatively new and, as a consequence, it still has many tax issues to be resolved. Medical and recreational marijuana businesses are still dealing with a lot of...
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