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What is a Federal Tax Lien Notice & What Should You Do If You Receive One?
Ignoring your obligation to pay taxes can lead the federal government to conduct severe legal action against all of your existing assets, current and future income and assets you acquire in the future; this form of punishment is called a federal tax lien. If you’ve received a certified letter indicating that the federal government has…
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Do You Owe Money to the IRS But Can’t Pay? Try This.
When you owe back taxes and can’t afford to make any payments, then it may be time for a special tax status known as currently not collectible. This means that your debt is still considered valid even though there’s no chance at recovery right now. When you’re approved for currently not collectible status, the IRS…
