From the IRS:
A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens. A lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt.
If you do not pay your taxes (or make arrangements...
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IRS: Tax Levy
Group Wants Repeal of Cellphone-Tax Law
CTIA, the wireless association, is throwing its full support behind legislation to do away with a 20-year-old law that taxes personal use of employer-provided cellphones, it said Tuesday in comments to the Internal Revenue Service.
While waiting for Congress to act, CTIA said the IRS...
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Change to Estate Tax Laws?
In the area of estate tax law, the only thing that is certain right now is that things are going to change. The Economic Growth and Tax Relief Reconciliation Act, passed in 2001, came with a âsunset clause,â giving Congress until Dec. 31, 2010...
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Tax Help News: How Obamaâs Health Reform Means More Tax-Reporting Requirements For Your Business
Thereâs been a lot of confusion about what is and what is not in the Patient Protection and Affordable Care Act â otherwise known as President Barack Obamaâs...
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Tax Relief Through Innocent SpouseâHow You Can Qualify to Exonerate Your Tax Liabilities
What is more stressful than owing the IRS back taxes? How about owing the IRS back taxes that your spouse or ex-spouse incurred without your knowledge? In the...
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Elder Law — Property Tax Homestead Exemption
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