Tax Planning is a Year Round Event

Why Tax Planning is a Year-Round Event Most people think about taxes in two situations: when they file in April and when they get a surprise bill from the IRS. But if you’re only thinking about taxes when it’s time to file, you’re already behind. Tax planning isn’t something you do once a year—it’s a …

Federal Tax Liens Explained

Taxes are part of life, and as a business owner or self-employed individual, you’re responsible for paying your share. But what happens when you fall behind on paying taxes? Enter the federal tax lien—a serious matter that can impact your personal and business finances. Let’s break it down so you understand what it is, how …

IRS Letter 1058: Final Notice of Intent to Levy

Problem Statement: If you’ve received IRS Letter 1058, things are getting serious. This letter is an official “Final Notice of Intent to Levy” and your last chance to resolve your tax debt.  The IRS will take drastic collection actions like levying your wages or bank accounts. It’s essential to understand what this notice means and …