One of the most severe actions the IRS can take against you is issuing a wage levy. A wage levy allows the IRS to seize a portion of your paycheck directly from your employer, leaving you with a reduced income until your debt is paid off. Understanding how wage levies work, the process involved, and […]
Ask Phil: Can AffordableReally Help Me?
Today, Affordable Tax Relief Lead Tax Attorney, Phil, discusses how Affordable Tax Relief can help struggling taxpayers who owe. If you’re a taxpayer who has tax debt and has explored tax relief options, odds are you’ve come across Affordable Tax Relief’s services. Perhaps you heard a commercial on the radio or read client testimonials, […]
Can the IRS Take My Car?
When it comes to unpaid taxes, the IRS has powerful tools at its disposal to collect the debt. Among these tools is the ability to seize your assets, including your car. But under what circumstances can the IRS actually take your vehicle, and what can you do to protect yourself? Here’s what you need to […]
Tax Implications of Class Action Settlements
Did you receive a settlement for a class action or personal injury lawsuit? If you have, you could face major tax implications with the IRS. CEO David King and Lead Tax Attorney Philip Hwang provide helpful tips on how to avoid any tax time surprises and how you can navigate dealing with the IRS if […]
The Difference Between an IRS Revenue Officer and a Revenue Agent
The IRS plays a critical role in ensuring that taxpayers comply with U.S. tax laws. Within the IRS, various professionals are tasked with different responsibilities, including revenue officers and revenue agents. While these roles may sound similar, they have distinct functions and purposes within the IRS. Understanding the difference between an IRS revenue officer and […]