Recent Categories
Recent Posts
Post Archive
Catogery Tags
Connect With Us
-
How the IRS Decides Whose Assets to Levy First
If your business owes back taxes or you’ve fallen behind on payroll deposits, you may wonder what the IRS will target first. Will they levy your business bank account? Your personal account? Your receivables? Your wages? Once the IRS decides to enforce collection, they want fast money with minimal effort. Understanding how they prioritize levies
-
The Hidden Dangers of Failing to File Estimated Taxes
If you’re self-employed, a high earning W-2 employee with little or no withholding, an independent contractor, a gig worker, or someone who regularly owes at tax time, estimated taxes aren’t optional, they’re a requirement. Yet every year, millions of taxpayers skip or fall behind on their quarterly estimated payments. Most people don’t do this intentionally.
