Ignoring tax wage garnishment notices can lead to serious consequences that may affect your finances and credit. It is important to understand what these notices are and what happens if you choose to ignore them. What is a tax wage garnishment notice? A tax wage...
Let Morgan Sebastian Law Help Solve Your Tax Problem
Year: 2024
How can identity theft cause tax issues with the IRS?
Identity theft is a serious and common concern. For example, the Bureau of Justice Statistics points out that it victimizes about 9% of U.S. residents 16 and older per year. One significant consequence of identity theft is the potential for tax issues with the...
The risks of ignoring IRS communications
Receiving a letter from the IRS can stir a mix of emotions, from mild concern to outright panic. While it is tempting to set aside that envelope unopened, hoping the issue will resolve itself or disappear, this approach can lead to serious consequences. The IRS...
5 steps to estimate monthly IRS installment agreement payments
Many people owe taxes to the Internal Revenue Service but cannot afford to pay the full amount upfront. They may request an installment agreement to make manageable monthly payments. These agreements allow you to pay off your tax debt over time. However, it is...
Why “accidental Americans” may need to file US taxes
If you were born on U.S. soil or have a parent who is a U.S. citizen, you may be an "accidental American" even if you do not live in the country. This makes you a citizen and subjects you to taxation despite spending none of your life in America. Understanding your...
What happens to tax debt after someone passes away?
Losing a loved one is undoubtedly a difficult time, and amidst the emotional turmoil, it is important to navigate the practical aspects of their affairs. One important question that arises is what happens to tax debt after someone passes away. Understanding the...
Can you be reaudited by the IRS?
Being audited can be a nerve-wracking experience. After getting through the process, many individuals wonder about the likelihood of facing another audit in the future. It is wise to explore the factors that may influence the chances of a reaudit and to learn what you...
How to remove a wage garnishment in California
If you owe back taxes, the IRS may institute a wage garnishment to collect the debt, forcing your employer to send a portion of your paycheck to the government. Facing an IRS wage garnishment in California can feel daunting and leave you unable to manage financially....
How an IRS tax levy on your residence affects a potential sale
A tax levy arises when the IRS seizes your assets to satisfy outstanding tax debts. When it comes to your home, the consequences can be particularly intricate. An IRS tax levy on your personal residence can be particularly challenging. It can affect your ability to...