IRS Mishandled Over 24,000 Tax Lien Notices

The Internal Revenue Service (IRS) usually follows the right procedures when handling tax liens, but not all the time. IRS tax liens can damage your credit and make it extremely difficult to get any further credit since they report it to the credit bureau. With that...

IRS Targets Family-Owned Businesses

The IRS never fails to hit your pocket where it hurts. In this case, family-owned businesses are at risk. The Internal Revenue Service has proposed new regulations that will make passing on a family business to ones’ child extremely difficult. Reducing estate and gift...

IRS To Hire Four Tax Debt Collection Agencies

Earlier this month, reports claimed that the IRS was looking to partner with private debt collection agencies. The reports are about to become official, according to IRS.gov. The Internal Revenue Service just announced that it has selected four contractors to...

Major Scam Alert – Bogus IRS Letters

First it was telephone calls from Indian call centers demanding payment to a certain sketchy bank account using a sketchy method such as MoneyGram or Walmart-2-Walmart, or recently the iTunes gift card tactic. Now that call centers are being raided, they are stepping...