Business Tax Debt: There Is a Way Out

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Owe back taxes as a small business owner? Learn your options for IRS tax relief, payment plans, settlements, and how an experienced tax resolution attorney can help you regain control.

IRS Notice LT11 Intent to Seize: Don’t Wait!

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           Owing back taxes much less dealing with them isn’t fun and can be emotionally and mentally draining. But if you receive IRS notice LT11, you’ve received an ultimatum; pay your overdue taxes or your property will be seized! Staying silent will not help matters either as that may get you struck by bank levies, retirement … Continued

The Impact of Increased Back Tax Penalties

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The IRS (Internal Revenue Service) has recently announced a significant increase in underpayment penalties, more than doubling the fees from two years ago. This change can have profound implications for taxpayers, potentially leading to substantial fees being added to their bills. In this blog post, we’ll explore the reasons behind the IRS’s decision, the impact … Continued

Why Is The IRS and New Jersey Tax Division Pestering The Business I Own?

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Every year, the IRS and State of New Jersey relentlessly pursue back taxes, and often, small business owners find themselves under the agency’s scrutiny. But why do business owners become prime targets for IRS back tax enforcement and State of New Jersey back tax enforcement? Let’s explore the key reasons behind this prioritization. A US … Continued

Federal Tax Suit Against Company That Did Not File Returns or Pay Taxes

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The Internal Revenue Service (IRS) has taken legal action against Ottley Communications Corp., the owner of WSTA radio station on St. Thomas, demanding payment of more than $2.1 million in overdue unemployment taxes. The lawsuit, filed in U.S. District Court, outlines the company’s failure to meet its federal tax obligations, including unpaid taxes, late filings, … Continued

The IRS Can Access Your Bank Records If You Owe Back Taxes Get Help Now

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The U.S. Supreme Court has granted the IRS the authority to access bank records without notifying the taxpayer or their associates or joint holders. In Polselli v. IRS the Supreme Court’s unanimous decision affirmed the IRS’s power to secretly probe financial records. This ruling means that the IRS can investigate a taxpayer’s financial records, including … Continued