Irs levy

We all know the IRS can be a nightmare to deal with if you owe back taxes. Their authority is significant and their ability to make your life miserable is well known. It is important to know exactly what the consequences could potentially amount to if you owe Uncle Sam. The first step you should […]

What is Fresh Start Initiative

Earlier this year, the Internal Revenue Service (IRS) rolled out its Fresh Start Initiative, aimed at helping struggling taxpayers. The initiative allows qualified taxpayers to avoid the IRS Failure to File penalty. This penalty is usually placed on unpaid tax balances, with accrued interest. Qualified individuals can request a six-month payment extension in which no […]