When does the IRS Form 433A come into play? Perhaps a local IRS collection agent, known as a Revenue Officer, has contacted you, possibly with a surprise visit to your home or work. The Revenue...
Read PostCategory: Automated Collection Service, Collection Financial Standards, Form 433A, Installment agreements, Interest and penalties, IRS Financial Statements, IRS levies and property seizures, Retirement accounts and the IRS, Revenue Officers
The plan was to retire, payoff your house, maybe travel, devote more time to hobbies, and spend time with the family. Then some mistakes were made in paying your taxes – maybe from a business...
Read PostCategory: IRS levies and property seizures, IRS Seizures, Retirement accounts and the IRS
If you owe money to the IRS, chances are you have justifiable concerns over the IRS involuntarily taking your property to pay the debt. But the IRS releases statistics on what they levy and seize....
Read PostCategory: Cincinnati Ohio IRS, IRS Collection Problems, IRS levies and property seizures, IRS Seizures, Retirement accounts and the IRS
As a member of the Cincinnati Bar Association, it was exciting to see my article about solutions to today’s IRS collection problems as the cover story in March’s monthly bar journal. Here is a brief overview of the article – 5 Things...
Read PostCategory: Bankruptcy and the IRS, IRS levies and property seizures, IRS Seizures, Offer in compromise, Retirement accounts and the IRS, Revenue Officers, Statute of limitations on collections
Retirement accounts are considered to be an investment that is protected from creditors. But here is an interesting question from a reader about a big exception to that rule (yes, it is the IRS): Several...
Read PostCategory: IRS Financial Statements, IRS levies and property seizures, IRS Seizures, Property Exempt from Collection, Retirement accounts and the IRS