Most taxpayers, who have to contact the Internal Revenue Service, speak with IRS revenue agents. However, if you're facing a delinquent income tax bill, you may have to talk with an IRS revenue officer. These professionals have more authority than revenue agents, but there are limits on what they can do. Here's a look at what IRS revenue officers are and what collections tactics they can legally do.
Wage garnishment is used to collect seriously delinquent obligations by deducting a percentage of earnings directly from an employee's paycheck. If you're facing a wage garnishment, it's important that you find out exactly what your rights are, so that you can protect yourself and prepare for any life changes that may occur if you are fired for wage garnishment.
Taxpayers with IRS installment agreements have the opportunity to clear their accounts with the agency over time. However, some taxpayers end up defaulting on their agreements by missing payments or sending them in late. What are the consequences of defaulting on an IRS installment agreement?
All of the taxes citizens pay can be grouped into two categories: direct taxes and indirect taxes. Which taxes are direct taxes? Which are indirect taxes? What is the difference between a direct tax and an indirect tax? Here is an overview of direct taxes versus indirect taxes and which fees fall into each category.
On some tax forms, you may notice the term "excise tax." What is an excise tax? Who has to pay an excise tax? Where does an excise tax come from? Does it have any effect on your income tax return? Here is a quick primer on what excise taxes are and how they work.
Are you unprepared for this tax season? If the filing deadline approaches and you haven't begun your forms yet, you may be considering filing a tax extension. While requesting an income tax extension can offer a few advantages, it may also carry a few drawbacks. Here are a few things to know before filing a tax extension.
As the tax filing deadline approaches, it's natural to wonder if you've missed any important aspects of preparing your income tax return. Even if you're close to April 15, there are still a few last-minute things to do before filing your taxes. You might be in a hurry to get your refund, but it's always better to make sure that you've dotted all your i's and crossed all of your t's before you send your taxes to the IRS.
Are you filing your very first income tax return this year? If so, you may be feeling a tad nervous about your first experience with the IRS. The good news is that filing your taxes for the first time doesn't have to be frightening. Here are a few pointers to keep in mind as you get started on your tax forms.
If you have neglected to file an income tax return in a previous year, you may receive Audit Letter 3391 from the IRS. This notice, which is one of the agency's nonfiler letters, is only sent to taxpayers who have missed filing a federal tax return at some point. How can you avoid receiving this letter? What should you do if you get Audit Letter 3391?
The IRS sends Audit Letter 3172 to taxpayers who owe a lot of back taxes to the agency. Generally, by the time this letter is sent, the IRS has attempted to contact the individual a number of times without receiving a response. What does Audit Letter 3172 involve? Is there a way to resolve back taxes?
