If you owe the Internal Revenue Service money and are wondering “how long does the Internal Revenue Service have to collect back taxes,” you may be relieved to know that you won’t have to carry the burden forever. Just a very, very long time. The Internal...
For most people who do not work with the Internal Revenue Service (IRS) on a regular basis, when you receive a letter in the mail from the IRS, you may feel panicked. You might want to leave the letter unopened, or throw it away and never think about it again....
Discourage litigation. Persuade your neighbors to compromise whenever you can. -- Abraham Lincoln Last week we discussed ways to negotiate with the Internal Revenue Service (IRS) during Notice Season. One of those ways is to enter into an Offer In Compromise (OIC), a...
“You don’t pay taxes–they take taxes.”–Chris Rock Now that tax season is over, it may be spring time, but the Internal Revenue Service is like the post office, it never sleeps. And like the mob, it wants its money. Now. So, notices are flying. Recently we’ve discussed...
“Beware the Ides of March.” - from Julius Caesar On my community calendar, the March 15th subscript reads: “Ides of March.” That’s not just a prophecy. The soothsayer warned Caesar about this day and we all know how that worked out for him. It's been my regular...
Tourists don't know where they've been, travelers don't know where they're going. - Paul Theroux No matter what your area of practice, if international travel is a routine part of your professional or personal life, your passport is in trouble if you owe more than...
