If you have received a notice from the IRS of back taxes due or you filed your taxes and already know that you owe the IRS, you might feel panicked at the massive amount due and the lack of funds in your bank account. Fortunately, you do not need to worry about paying everything up […]
IRS Collections
Reasons Why You Need an Attorney for an IRS Audit
No one sets out filing their personal or business taxes thinking that they will face an audit. Even if you are cautious and only write off what you can, you may still find yourself subjected to an audit one day. Dealing with the Internal Revenue Service (IRS) can be daunting. As a consumer, you are […]
IRS Tax Liens
IRS tax liens can be broken down into two categories: (1) unfiled liens and (2) filed liens. Unfiled IRS Tax Liens Unfiled IRS liens are also known as secret liens or general tax liens. They are authorized under 26 U.S.C. section 6321. They’re secret because they arise automatically once you owe money to the IRS, […]
IRS Interest Rate Stays at Four Percent
Tax Attorney Serving the state of New Jersey Including Jersey City The Internal Revenue Service recently announced the interest rate for the fourth quarter of 2017 for underpayments will remain at 4%. The IRS interest rate changes every quarter. The IRS interest rate is based on federal short-term rate plus 3 percentage points. In the […]
6 Options If You Owe Money to the IRS
Tax Attorney Helping Individuals who Owe the IRS in Jersey City and all of New Jersey If you owe money to the IRS, there are several options available to you. The most important thing to keep in mind is to act. If you ignore the problem, it will only make matters worse. As an arm […]
