Beware of jointly owned property
If you own a property with a spouse, an IRS lien affects both of you. Technically your spouse’s lien would only apply to their portion of ownership in the property, but in reality a lien on a property is a barrier to its sale. You personally may be free of the lien, but until your […]
Not paying is better than not filing
This year’s tax deadline has come and gone, and hopefully you’ve filed your taxes by now; or at least filed for an extension. If you’ve avoided filing this year out of an inability to pay, however, it’s worth knowing that not filing your tax return will cost you much more in the long run than […]
How to Survive IRS Audit
So you filed your tax returns and thought all was well only to receive an audit letter from the IRS. Â The key in dealing with this is to first and foremost remain calm. Â Many taxpayers contact our office in a frantic state after receiving this letter. Â Below you will find a series of steps to […]