Can the IRS Take My Tax Refund If I Owe Back Taxes?

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Expecting a tax refund, only to discover the IRS kept it to pay old tax debt? The IRS can take your refund even if you have a payment plan or Currently Not Collectible status. Once the money has been properly applied to your debt, you generally cannot get it back. Learn what New Jersey taxpayers need to know and why acting before the IRS takes your refund matters.

What Happens If You Ignore IRS Tax Debt?

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Ignoring IRS tax debt can lead to wage levies, bank account seizures, and liens. Learn how Tomes Law Firm helped a taxpayer obtain a levy release and a more affordable payment plan.

Can the IRS Take My Bank Account or Retirement Fund?

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The IRS can levy a bank account and, in some cases, retirement savings to collect unpaid taxes. A bank levy generally comes with a short holding period before the money is sent to the IRS. Acting quickly can make the difference between protecting your money and trying to recover it after it is gone.

What Happens During an IRS Payroll Tax Audit?

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An IRS payroll tax audit can uncover much more than mistakes on Forms 941. Learn what the IRS examines, why cash payments and worker classification can create major exposure, and when unpaid payroll taxes can become the business owner’s personal liability.