Your IRS Questions Answered Here…
Question: I received a Notice of Federal Tax Lien via certified mail for unpaid back taxes and I’m scared and don’t know what to do. Can you help? Answer: Yes. A Notice of Federal Tax Lien (NFTL) is public record and is generally filed with the County Recorder where you reside. A federal tax lien […]
Did You Know?
The highest income tax bracket today is 37% but it has been much higher. The individual Income Tax Act of 1944 raised tax rates to the point where the highest bracket was 94%.
The IRS Dirty Dozen
For the last several years, the IRS has issued a list of “Dirty Dozen†tax scams. Below are a couple recently released from 2019. Promises of Inflated Refunds Unethical tax return preparers promise taxpayers inflated tax refunds. Often, it’s the elderly and low income taxpayers, with no obligation to file, who are targeted by these […]