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Year: 2020

The fundamentals of tax liens

The first step in understanding tax liens is to know what exactly a tax lien is. In general, a lien acts as a guarantee of the payment of a debt. When the IRS makes a legal claim over your property, it is a lien. The IRS can file a tax lien against the assets of an...

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Dealing with possible tax crimes

Individuals and businesses alike can be found guilty of tax crimes. While you can make mistakes as a taxpayer, the IRS may consider some of those mistakes or tax decisions to be intentional evasion or fraud. Some are worse offenses than others. Failure to file federal...

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