The IRS contracts with several private collection agencies to help collect unpaid tax debts. Here’s what you should know in order to avoid being scammed.
Did you know that there is an IRS statute of limitations that defines how long the government can pursue collections actions for outstanding tax debt? Generally, the IRS has up
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allowed those who are self-employed, as well as household employers, to defer the payment of certain Social Security taxes on their
To help taxpayers avoid tax fraud and identity theft, the IRS made its Identity Protection PIN (IP PIN) program available to everyone this year. Previously, you could only get an
The COVID-19 pandemic has created quite a bit of economic uncertainty for many Americans. This has led to more people worrying about their retirement. In fact, 56% are more concerned
When you owe back taxes, there are several options the IRS has to legally collect the outstanding debt. Typically, this will include placing a tax lien against your property and
When you fail to pay your taxes, the government may place a tax lien against your home, other real estate, personal property, and other financial assets – both present and