Tax Relief Blog
What is a lien?
Tax Liens Explained: Types, Rights, and How Liens Work A lien is a legal term that refers to a claim of legal right against assets that are used as collateral. A LIEN can be created by a lender or a court decision. A lien is utilized to provide a fundamental [...]
Minimum Income To File Federal Taxes
Do You Need to File a Tax Return? Income Requirements Explained Filing a tax return is an annual practice for most taxpayers, but not everyone is required to do so. In general, if your income is below a specific threshold, you may not be required to file a tax return [...]
What is IRS Form 668 Z?
What is IRS Form 668-Z? When a lien is satisfied or otherwise discharged, the taxpayer receives Form 668Z, Certificate of Release of Federal Tax Lien. The IRS will utilize Form 668-Z to notify you of a partial discharge of a lien that has been filed. This is a demanding [...]
IRS Fresh Start Program 2022
IRS Fresh Start Program: Tax Relief and Repayment Options Even the most conscientious small company owner can fall behind on their tax obligations. Every year, many are unable to pay the Internal Revenue Service on time due to unanticipated delays, fees, and other financial challenges. Regardless of how you accumulated [...]
Types of Garnishment
Wage Garnishment: How It Works and Your Legal Rights Garnishment, also known as wage garnishment, is the process through which money is lawfully removed from your salary and delivered to another party. It is a legal process in which a third party is instructed to deduct payments directly from a [...]
How To Avoid Tax Relief Scams
How to Avoid IRS Tax Relief Scams Some enterprises and law firms take advantage of individuals in severe need of assistance in addressing their back tax liability to the IRS by making false promises and employing misleading techniques. These businesses typically demand a large upfront fee, maybe in the hundreds [...]
IRS Error Code 9001
IRS Error Code 9001: Meaning, Causes & What To Do Many IRS terms and codes continue to be a head scratcher to the typical taxpayer. Tax terminologies may be perplexing, whether you're a first-time tax filer or have been doing so for years. IRS Code 9001 is a common error [...]
Filing Taxes After Moving States
How Moving to Another State Affects Your Taxes Have you relocated within the last year? If this is the case, it is critical to understand how your relocation may affect your taxes. While moving to another state is unlikely to have an impact on your federal taxes, it may have [...]
CP504 Form
IRS Notice CP504: What It Means and How to Respond The Internal Revenue Service (IRS) has a single mission as a branch of the federal government: it collects and accounts for all tax monies owed to the government. The IRS gets all of its authority from the United States Tax [...]
IGNORING THE IRS NOTICE OF DEFICIENCY | Old Forge New York
IRS Notice of Deficiency: What It Means and How to Respond The IRS notice of deficiency is a legal willpower by the IRS of a taxpayer’s tax deficiency. It is an authorized written claim that a taxpayer owes additional income tax (and often interest on that amount, as well as [...]
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