All Posts

The Low Income Tax Credit Can Benefit Many People

An idea that was cleared by the House in 1986 clearly made available some provisions to offer credits to those builders who were prepared to supply very affordable houses for low income people. There are specified factors for determining the group of low income families, and family homes were intended to be built for them by these housing groups. In contrast to the traditional incentives in income taxes for these purposes, which were proving to be ineffective…

Read more

Stop IRS Levy Tips: 3 Quick Ways

  stop irs levy   Meant to get your attention, an IRS levy is an aggressive action by the IRS. It is a legal seizure of your property to satisfy a tax debt. The IRS can levy your bank account, your wages and virtually any third party account or personal assets. Wage levies and bank levies are the most common type of levy that the IRS will issue. Typically three requirements must be met before the IRS can levy: 1. The IRS sends…

Read more

IRS Compromises Available For Unpaid Payments

IRS Compromises Available for Unpaid Taxes When you owe the IRS for unpaid taxes usually you are permitted to make an agreement with the IRS to pay those taxes. The IRS is prepared to make a compromise with folks who are acquiring financial issues. Many folks have lost their jobs or had substantial medical bills and this left them unable to spend any back IRS taxes. That is the purpose that the IRS is willing to make a compromise to help…

Read more

IRS Interest On Unpaid

IRS Interest on Unpaid Taxes If a taxpayer has a balance due owed on an person tax return, the IRS will add interest to the amount owed till the balance is paid in complete. Usually interest is charged on the unpaid balance from the due date of the return until finally the tax is paid in complete regardless of extensions. Frequently times the addition of penalties and interest can add amounts to the currently huge tax liability and overwhelm the taxpayer…

Read more

IRS Seeks External Information To Get Unpaid Payments

IRS Seeks External Information to Get Unpaid Taxes As the pressure mounts on the IRS to raise a lot more taxes to aid bridge the seemingly ever-growing government deficit, the federal tax institutions are now coming up with any indicates possible to get any unreported and unpaid taxes in efforts to bridge the tax gap. A single of the recent strategies of tax collection that the IRS is mentioned to be employing to generate funds is the acquisition of state information…

Read more

Lost Your Home to Foreclosure? You May Owe The IRS Money!

Getting a tax bill after you have gone through a foreclosure is like pouring salt on the wound. You've lost your home and you probably don't have much money so why would you owe the IRS anything? Here's why: The IRS treats forgiveness of debt as taxable income. For example, if you owe $300,000 on a home, it goes into foreclosure and the bank sells it for $200,000 and writes-off the rest of the loan, under the tax code the…

Read more

Need Help Settling Your Tax Debt Problem?

So you have a tax debt problem with the IRS.  Nobody ever said being a grownup was easy.  Sure, there are some perks.  However, above all else, adults are expected to be responsible. They should go to work, raise their kids, and pay their taxes. That's how the entire human comedy retains perpetuating itself. Of course, every so often it hits a snag. America has earned a slightly unhealthy reputation for debt in current years. The United States is officially the…

Read more

Understand, Then Stop IRS Levy Action

  stop irs levy   An IRS levy is a lawful seizure of your property by the IRS to satisfy a tax liability. It generally comes as either a bank levy or wage levy. Knowledge of which sort of levy is in effect is the first step in moving towards releasing it.   STEP #1 -  Take a look at the Notice the IRS has sent.   The IRS sends the following types of notices before they issue a levy.   CP501 – This is a Reminder…

Read more

IRS Tax Debt Help – New Rules For Filing Unpaid IRS Taxes

New Guidelines For Filing Unpaid IRS Taxes In 2010, the government changed some of the rules regarding the filing of unpaid IRS taxes. Tax payers who intend to file the longer kind for deductions can't file until finally February 15th 2011. These who intend to file the shorter fast form are expected to file prior to that date. It is crucial that everybody file by April 15th 2011 for the unpaid taxes of 2010. This new set of deadlines will help…

Read more

Your Deadline To File Unpaid IRS Taxes

Unpaid IRS Taxes April 15th is the deadline each year to file your taxes from the earlier year. If you have not paid taxes from past years or are not ready to pay your taxes when you file then these are classified as unpaid IRS taxes. Unpaid IRS taxes are not necessarily taxes that you have to spend a penalty but could be just taxes that you owe for the year that you are filing. When you file your taxes you…

Read more

Schedule a free consultation call.

Our experienced tax experts are waiting to help you with any tax related issue.

Leave your details below, choose the medium and time of your conveience, and one of our associates will contact you.

Or Call Now | (855) 235-0551

Tax Relief Pros covid-19 response

Since always, the well-being of our communities was our top priority. Fighting the IRS on your behalf is our help for your mental well-being and peace of mind, and now Araujo Law Offices offers a live video consultation with one of our tax experts, to help you protect yours and your family physical health.
Click The button below to schedule a free consultation video call