If you fail to pay your federal tax debt, the IRS can pull money from your bank account. In fact, the IRS can take enough ...

The IRS can levy some personal belongings in the event that you have unpaid taxes, but it will always provide ample notice and time to settle up.

Facing a tax debt can be incredibly stressful. However, it's crucial to know that the IRS offers several options if you find ...

The IRS plays a crucial role in tax collection and enforcement in the United States. Ignoring tax obligations can lead to severe consequences, including property seizure. Learn how to navigate IRS ...

Understanding the process of an IRS levy is crucial for taxpayers facing potential asset seizure due to unpaid taxes. The IRS holds the authority to levy assets but must adhere to specific legal steps ...

Generally speaking, Tayne recommends hiring a tax professional if you owe more than $10,000 or if the IRS has initiated collection efforts, such as tax liens or levies. "In this case, a finance ...