Thursday, February 9, 2012

From the category archives:

IRS Tax Liens

What is IRS Wage Garnishment?

by taxnick on September 8, 2009

What is IRS Wage Garnishment?
IRS wage garnishment occurs when you owe taxes and the IRS is no longer willing to wait to collect them. The IRS will deduct the taxes you owe from your paycheck, usually between 30 and 70 percent.
First, the IRS is going to send you a notice of past due taxes [...]

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The IRS Will File a Lien Against You

by taxnick on October 20, 2008

The IRS will file a lien against a business when they continue to be ignored.
A business has 30 days to protest the action. If you disagree with the placement of the lien, you can protest the action with the Manager of the Revenue Officer placing the lien. This must be done within the requisite time [...]

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