Recent figures showed that U.S. residents owed around $414 billion in overdue taxes plus interest for 2021. Most Texas residents don't want to owe money to the IRS. However, the IRS offers U.S. citizens a way to pay tax debt through an offer in compromise. Overview of...
The Chief Counsel of the Internal Revenue Service (IRS) has announced a few changes to its itinerary. Chief among these will be an increase in the level of its tax enforcement measures. This is bound to affect businesses in Texas as in the rest of the country....
Taxpayers face major consequences for not paying their back taxes on time. In Texas, the IRS has the right to apply a federal tax lien on your property from a house to a car. There are different causes and effects of a lien for unpaid tax debt. The definition of a...
