Dealing with IRS collections can be a daunting and stressful experience. The Internal Revenue Service (IRS) has the power to seize your assets, garnish your wages, and levy your bank accounts if you owe them taxes. If you find yourself in this situation, it’s essential to seek help from an experienced tax attorney. In this
NY Bankruptcy and Tax Blog, Information, and Resources
Discharging Tax Debt in Bankruptcy: What You Need to Know
If you owe taxes and are considering filing for bankruptcy, it’s crucial to understand how tax debt is treated in bankruptcy. While declaring bankruptcy can provide relief from some debts, not all debts can be discharged, including tax debts. However, it is still possible to discharge some tax debts through bankruptcy. If you’re interested in
Protect Your Business with Effective Sales Tax Due Diligence
There are various factors to consider and handle when running a business. Making sure you are abiding by all applicable tax laws and regulations is a vital element of any organization. This is particularly valid in the case of sales tax, which can be challenging to understand. In order to protect your business and avoid
Professional Help: The Importance of Hiring a Tax Attorney
Taxes are an inevitable part of life, and it is essential to understand the laws and regulations that come with them. However, tax laws can be complex and confusing, and it may be difficult to navigate them without professional help. This is where a tax attorney comes in. In this article, we will explore the
Tax Abatement: What You Should Know as a Property Owner
Tax abatement is a term that is often used in real estate and property development circles. However, many people are unfamiliar with what it means and how it works. This article will discuss tax abatement, its benefits, and how property owners can utilize it: What Is Tax Abatement? Tax abatement refers to a policy used
