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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 Department of Justice announced last month that a Home Improvement Contractor was sentenced to two years in jail for failing to pay payroll taxes he collected from his employees. In addition to 2 years in jail he was ordered to pay restitution of over $1 million. Unfortunately for Jay Prather of Heritage General Building … Continued
Lisa Marie Pressley died earlier this year, but although she inherited a fortune of over $100 million, she too left behind over $2.5 million in taxes. Unfortunately those taxes do not go away upon her death. The cash and stocks she had will first go the IRS and then the beloved Graceland which her mother … Continued