levies Archives | Crabb Tax Services https://crabbtaxservices.com Experience, Integrity & Personal Service Fri, 11 Mar 2022 01:23:48 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.2 IRS Announces New Payment Option for Some Delinquent Taxpayers https://crabbtaxservices.com/irs-announces-new-payment-option-for-some-delinquent-taxpayers/ https://crabbtaxservices.com/irs-announces-new-payment-option-for-some-delinquent-taxpayers/#comments Sat, 19 Oct 2019 15:14:06 +0000 https://crabbtaxservices.com/?p=2549 The Internal Revenue Service (IRS) has announced that a new payment option has been added to the private debt collection program. The payment option is intended to make it easier for those who owe to pay their tax debts, although some practitioners, like me, fear that it could lead to abuse.

The post IRS Announces New Payment Option for Some Delinquent Taxpayers appeared first on Crabb Tax Services.

]]> https://crabbtaxservices.com/irs-announces-new-payment-option-for-some-delinquent-taxpayers/feed/ 1 Tax Levy: What It Is, How It Works and How to Stop One https://crabbtaxservices.com/tax-levy-what-it-is-how-it-works-and-how-to-stop-one/ https://crabbtaxservices.com/tax-levy-what-it-is-how-it-works-and-how-to-stop-one/#respond Sat, 25 May 2019 13:48:17 +0000 https://crabbtaxservices.com/?p=2270 Tax levies put your assets at risk. To remove them, you’ll need to work with the IRS to pay your back taxes.

The post Tax Levy: What It Is, How It Works and How to Stop One appeared first on Crabb Tax Services.

]]> https://crabbtaxservices.com/tax-levy-what-it-is-how-it-works-and-how-to-stop-one/feed/ 0 7 Red Flags That Could Trigger An IRS Audit Of Your Taxes https://crabbtaxservices.com/7-red-flags-that-could-trigger-an-irs-audit-of-your-taxes/ https://crabbtaxservices.com/7-red-flags-that-could-trigger-an-irs-audit-of-your-taxes/#respond Tue, 19 Mar 2019 22:09:42 +0000 https://crabbtaxservices.com/?p=2156 No one wants a visit from the Internal Revenue Service. But if you get too generous with your calculations, you may need to back up your tax return.

The post 7 Red Flags That Could Trigger An IRS Audit Of Your Taxes appeared first on Crabb Tax Services.

]]> https://crabbtaxservices.com/7-red-flags-that-could-trigger-an-irs-audit-of-your-taxes/feed/ 0 IRS Reminds Taxpayers of Its Ability to Revoke Passports and Deny Passport Applications https://crabbtaxservices.com/irs-reminds-taxpayers-of-its-ability-to-revoke-passports-and-deny-passport-applications/ https://crabbtaxservices.com/irs-reminds-taxpayers-of-its-ability-to-revoke-passports-and-deny-passport-applications/#respond Fri, 08 Mar 2019 00:13:58 +0000 https://crabbtaxservices.com/?p=2133 What You Need to Do If You Plan to Travel Abroad and Have Unpaid Federal Taxes WRITTEN BY: Rosenberg Martin Greenberg LLP   Last week, the Internal Revenue Service (“IRS”) published another friendly reminder that it was recently vested with the

The post IRS Reminds Taxpayers of Its Ability to Revoke Passports and Deny Passport Applications appeared first on Crabb Tax Services.

]]> https://crabbtaxservices.com/irs-reminds-taxpayers-of-its-ability-to-revoke-passports-and-deny-passport-applications/feed/ 0 Report Suggests Congress And IRS Should Give Taxpayers More Time To File In 2019 https://crabbtaxservices.com/report-suggests-congress-and-irs-should-give-taxpayers-more-time-to-file-in-2019/ https://crabbtaxservices.com/report-suggests-congress-and-irs-should-give-taxpayers-more-time-to-file-in-2019/#respond Thu, 07 Mar 2019 20:26:17 +0000 https://crabbtaxservices.com/?p=2138 It’s not your imagination: It really is a different kind of tax season. It’s so different that the National Taxpayers Union Foundation (NTUF), a nonpartisan research and educational organization, is calling on Congress to extend the filing season. by Kelly Phillips

The post Report Suggests Congress And IRS Should Give Taxpayers More Time To File In 2019 appeared first on Crabb Tax Services.

]]> https://crabbtaxservices.com/report-suggests-congress-and-irs-should-give-taxpayers-more-time-to-file-in-2019/feed/ 0 Understanding the Criminal Tax Plea Agreement https://crabbtaxservices.com/understanding-criminal-tax-plea-agreement/ https://crabbtaxservices.com/understanding-criminal-tax-plea-agreement/#respond Fri, 27 Oct 2017 21:29:39 +0000 https://crabbtaxservices.com/?p=1564 White collar defense attorneys and accountants engaged to assist in investigations conducted by the IRS Criminal Investigation Division are familiar with these words: “… the tax loss … is … $550,000 to $1,500,000 …” By Edward M. Waddington and Ricardo J.

The post Understanding the Criminal Tax Plea Agreement appeared first on Crabb Tax Services.

]]> https://crabbtaxservices.com/understanding-criminal-tax-plea-agreement/feed/ 0 Spouse’s Bad Credit Killing Hopes of a Mortgage? Save Your Home and Marriage! https://crabbtaxservices.com/spouses-bad-credit-killing-hopes-mortgage-save-home-marriage/ https://crabbtaxservices.com/spouses-bad-credit-killing-hopes-mortgage-save-home-marriage/#respond Tue, 17 Oct 2017 22:43:10 +0000 https://crabbtaxservices.com/?p=1520 You probably didn’t think to run a credit check on your spouse before you got married. After all, love reigns supreme, right?

The post Spouse’s Bad Credit Killing Hopes of a Mortgage? Save Your Home and Marriage! appeared first on Crabb Tax Services.

]]> https://crabbtaxservices.com/spouses-bad-credit-killing-hopes-mortgage-save-home-marriage/feed/ 0 IRS Tax Tip: Individuals Who Need to Reconstruct Records After a Disaster https://crabbtaxservices.com/irs-tax-tip-individuals-who-need-to-reconstruct-records-after-a-disaster/ https://crabbtaxservices.com/irs-tax-tip-individuals-who-need-to-reconstruct-records-after-a-disaster/#comments Fri, 06 Oct 2017 00:30:18 +0000 https://crabbtaxservices.com/?p=1540 Taxpayers who are victims of a disaster might need to reconstruct records to prove their loss. Doing this may be essential for tax purposes, getting federal assistance, or insurance reimbursement. IRS Tax Tip 2017-54, October 4, 2017 Here are 12

The post IRS Tax Tip: Individuals Who Need to Reconstruct Records After a Disaster appeared first on Crabb Tax Services.

]]> https://crabbtaxservices.com/irs-tax-tip-individuals-who-need-to-reconstruct-records-after-a-disaster/feed/ 1 California Extends Offer In Compromise Program For Five Years https://crabbtaxservices.com/california-extends-offer-compromise-program-five-years/ https://crabbtaxservices.com/california-extends-offer-compromise-program-five-years/#comments Sat, 30 Sep 2017 00:37:01 +0000 https://crabbtaxservices.com/?p=1477 California’s Governor Brown has signed a bill (AB 525) which extends the life-span of the Board of Equalization’s (BOE) Offer in Compromise program for an additional 5 years. Offer in Compromise is a state program that allows small businesses to

The post California Extends Offer In Compromise Program For Five Years appeared first on Crabb Tax Services.

]]> https://crabbtaxservices.com/california-extends-offer-compromise-program-five-years/feed/ 1 IRS Problems Won’t Go Away On Their Own https://crabbtaxservices.com/irs-problems-wont-go-away/ https://crabbtaxservices.com/irs-problems-wont-go-away/#respond Sun, 24 Sep 2017 18:33:31 +0000 https://crabbtaxservices.com/?p=1440 Dealing with the IRS can be overwhelming, making life feel like it’s falling apart. Uncertainty about the future may be mounting as you try desperately to find a way to pay a debt that you have little or no funds

The post IRS Problems Won’t Go Away On Their Own appeared first on Crabb Tax Services.

]]> https://crabbtaxservices.com/irs-problems-wont-go-away/feed/ 0