Owing the IRS

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What Happens If You Ignore an IRS Notice?

When a taxpayer fails to comply with tax obligations, like failing to file their return on time or not paying what they owe, the IRS...

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How Long Before the IRS Comes After You for Unpaid or Unfiled Taxes?

Taxpayers in the U.S. are required to file their tax returns and pay their taxes by the deadline each year, usually April 15. Unfortunately, failing...

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How to Use the Pre-Qualifier Tool for an Offer in Compromise

Wondering if you can settle your tax debt for less than owed? Then, you may want to check out the IRS’ Offer in Compromise Pre-Qualifier...

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IRS Offer in Compromise Based on Doubt of Liability

If there is a legitimate doubt that you really owe the tax, the IRS may allow you to settle for less than owed. This option...

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Understanding IRS Summons and Form 2039: What You Need to Know

Dealing with tax issues is rarely straightforward, and receiving a notice from the IRS can feel like the weight of the world has landed on...

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IRS Revenue Officers: What They Do and How to Deal With One

Currently, there are around 2,300 Revenue Officers employed by the IRS and working on delinquent tax cases throughout the country. IRS Revenue Officers are high-level,...

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What is a CP40 IRS Notice?

If you receive a CP40 notice, that means that the IRS assigned your account to a private collection agency. If this happens, you can work...

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Saving Your IRS Payment Plan: IRS CP523 Guide

CP523 (Intent to Terminate Installment Agreement and Seize Your Assets) If you default on an installment agreement, the IRS will send Notice CP523. This notice...

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How to Sell a House with an IRS Tax Lien

Selling a house is never easy, but the challenges multiply when an IRS tax lien is involved. An IRS tax lien is a legal claim...

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What Is the Difference Between a Tax Lien and a Tax Levy?

Having a tax issue is always a stressful and unpleasant time, especially when the IRS starts taking action to collect unpaid debts. If you owe...

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