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If you're receiving Social Security benefits and owe back taxes to the IRS, it's crucial to understand how much of your ...
The Internal Revenue Service has broad authority to garnish, levy, or lien your financial and personal assets if you owe back ...
If you disagree, follow the instructions in the notice to dispute it, including providing information and document copies for the IRS to review. If you owe money, pay by the due date to reduce ...
Angelica Leicht is the senior editor for the Managing Your Money section ... further collection actions. This isn't always a feasible route to take, however, which is why the IRS offers several ...
It's the IRS's way of getting your unpaid taxes into the system and starting collection actions if necessary, so it's not something to ignore. If you've received a notice about a substitute for ...
Waiting for an IRS tax refund only to be met with silence ... may be to blame—ranging from filing mishaps to government debt collection programs. Knowing the possible causes can help you ...
while financial hardship status can temporarily halt collection actions. If a taxpayer disputes the debt amount or believes the notice is incorrect, immediate contact with the IRS is essential.
Facing large debts may impact much more than your credit score. Under federal law, certain debts can trigger consequences that reach into unexpected parts of your life — including the risk of ...
It's not built to work in your favor; it's built to get you into the system and kick off the collections process if you owe money for your taxes. If you've received a notice that the IRS has filed ...