Tax Problems
How to Know If You Owe the IRS: 5 Ways to Find Out
Many people find themselves living in constant uncertainty regarding their tax situation. This sometimes…
Can the IRS Take Money From Your PayPal Account?
The IRS has the legal right to take anything that you own to pay…
Can the IRS Garnish Social Security? What About SSDI and SSI?
Social Security benefits are one of the most protected forms of income from creditors:…
Can the IRS Levy a Joint Bank Account?
Yes, the IRS can levy a joint bank account, even if only one of…
5 Biggest Depreciation Mistakes Landlords Make on Their Tax Return
Here at Choice Tax Relief, landlords have increasingly become some of our most popular…
What Happens If You Owe the IRS More Than $50,000?
If you owe the IRS more than $50,000, the following nine things will happen:…
Trust Fund Recovery Penalty Explained by a CPA
If you have employees, you know — or you should know — that you are…
IRS Substantial Understatement Penalty Explained by a CPA
The IRS substantial understatement penalty is the penalty described in Internal Revenue Code Section…
IRS Crypto Audit: What to Do When the IRS Sends You a Crypto Letter
Did you receive an IRS letter proposing a HUGE amount due on your cryptocurrency…
What Happens If You Owe the IRS More Than $25,000?
If you owe the IRS more than $25,000, the following eight things will happen:…
What Is a Federal Tax Lien?
An IRS tax lien is the IRS’s legal claim to your property — including…
Tax Liens on Credit Reports: Do IRS Collections Go on Credit Reports?
If the IRS has filed a lien against you in county or state records,…