Posts by Traxion Tax
How Long Does a Federal Tax Lien Last?
If you owe the IRS and can’t afford to pay the debt, you will likely be subject to a tax lien. The IRS will issue a tax lien in an effort to collect the debt. In this article, we’re taking a closer look at one of the most common questions we hear from customers –…
Read MoreWhen Does the IRS File a Tax Lien?
If you owe the IRS money and ignore the debt for too long, the IRS will file a tax lien. We thought it might be helpful to explore this topic and answer additional questions. In this article, we’re taking a closer look at a common question we hear from people – When does the IRS…
Read MoreIRS Tax Debt Forgiveness
If you owe the IRS a tax payment and you’re unable to pay, you may qualify for tax debt forgiveness. If you feel overwhelmed by this debt or you’re otherwise unable to repay the debt, you’re not alone. In this article, we’re taking a closer look at IRS tax debt forgiveness. IRS Tax Debt Forgiveness…
Read MoreWhat to Do if IRS Audits You?
If you receive notice the IRS intends to audit your tax return, you may be a little worried. Fortunately, help is available and we have some tips to help you get started. In this article, we’re exploring what to do if IRS audits you. What to Do if IRS Audits You? IRS audits can be…
Read MoreWhat to Do if You Owe the IRS
If you owe the IRS money, it’s important you take steps to resolve the issue sooner than later. In this article, we’re taking a closer look at what to do if you owe the IRS. What to Do if You Owe the IRS If you have either realized that you probably owe the government a…
Read MoreIRS Payment Plans: How to Pay Off Debt Over Time
If you can’t afford to pay your taxes right away, you may be interested in paying off your debt over time. The IRS provides several IRS payment plans that allow several payment schedules. In this article, you will discover how to pay off the debt over time with IRS payment plans. IRS Payment Plans: How…
Read MoreDoes the IRS Forgive Tax Debt After 10 Years?
If you owe the IRS back taxes, you may be wondering if the IRS forgives tax debt. There are several options here, so we will be looking at the best path forward for you. In this article, we’re looking at a common question we hear from people – does the IRS forgive tax debt after…
Read MoreWhat Triggers a Tax Audit?
A tax audit can be a stressful and confusing experience if you’re not familiar with the process. So, what triggers a tax audit anyway? In this article, we’re taking a closer look at what triggers a tax audit so you know what to expect. What Triggers a Tax Audit Anyway? When the IRS decides to…
Read MoreWhat is the Fresh Start Program with the IRS?
If you owe back taxes, you may be able to qualify for the Fresh Start Program provided by the IRS. This program can help relieve a lot of stress and get you back on track. In this article, we’re taking a closer look at one of the most common questions we hear from people –…
Read MoreWhat to Do if IRS Misapplied Payment
If you sent a payment to the IRS and later realized the IRS misapplied the payment, take a look at the article below to learn how to resolve the issue. In this article, we’re taking a closer look at what to do if IRS misapplied payment. What to Do if IRS Misapplied Payment The IRS…
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