IRS Collections Archives - Optima Tax Relief https://optimataxrelief.com/blog/irs-collections/ Tax Relief & Resolution - Trust the Experts at Optima Tax Relief Thu, 29 Aug 2024 15:50:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://optimataxrelief.com/wp-content/uploads/2023/10/cropped-favicon_512-1-1-32x32.png IRS Collections Archives - Optima Tax Relief https://optimataxrelief.com/blog/irs-collections/ 32 32 What is the FDCPA? https://optimataxrelief.com/blog/the-fair-debt-collection-practices-act-what-is-it-and-how-does-is-protect-taxpayers/ Wed, 28 Aug 2024 08:00:00 +0000 https://www.optimataxrelief.com/?p=10010 Being in debt is a stressful circumstance that collectors can often intensify with unfair practices. Therefore, the Fair Debt Collection Practices Act (FDCPA) prohibits companies from using such practices to collect debts from you. Here’s an overview of the FDCPA, including what it is, who it applies to, and its key provisions.   What is […]

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]]> How to Deal with an IRS Revenue Officer  https://optimataxrelief.com/blog/how-to-deal-with-an-irs-revenue-officer/ Tue, 27 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21111 Encountering an IRS revenue officer can be a stressful experience, especially if you’re unfamiliar with their role and the potential implications of their visit. Understanding how to deal with a revenue officer effectively can make a significant difference in the outcome of your situation. Here’s a comprehensive guide to help you navigate this challenging scenario.  […]

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]]> What You Need to Know About IRS Wage Levies  https://optimataxrelief.com/blog/what-you-need-to-know-about-irs-wage-levies/ Mon, 26 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21107 One of the most severe actions the IRS can take against you is issuing a wage levy. A wage levy allows the IRS to seize a portion of your paycheck directly from your employer, leaving you with a reduced income until your debt is paid off. Understanding how wage levies work, the process involved, and […]

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]]> Can the IRS Take My Car?  https://optimataxrelief.com/blog/can-the-irs-take-my-car/ Wed, 21 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21085 When it comes to unpaid taxes, the IRS has powerful tools at its disposal to collect the debt. Among these tools is the ability to seize your assets, including your car. But under what circumstances can the IRS actually take your vehicle, and what can you do to protect yourself? Here’s what you need to […]

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]]> The Difference Between an IRS Revenue Officer and a Revenue Agent  https://optimataxrelief.com/blog/the-difference-between-a-revenue-officer-and-a-revenue-agent/ Mon, 19 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21092 The IRS plays a critical role in ensuring that taxpayers comply with U.S. tax laws. Within the IRS, various professionals are tasked with different responsibilities, including revenue officers and revenue agents. While these roles may sound similar, they have distinct functions and purposes within the IRS. Understanding the difference between an IRS revenue officer and […]

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]]> What Assets Can the IRS Seize? https://optimataxrelief.com/blog/what-assets-can-the-irs-seize/ Tue, 13 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=11109 It can be difficult and frustrating to deal with tax debt. You might be concerned about whether the IRS has the right to seize your assets if you owe taxes to them and haven’t taken steps to address the debt. Understanding which assets the IRS can seize is crucial for taxpayers, particularly those facing financial […]

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]]> My IRS Levy is Causing a Hardship. Now What?  https://optimataxrelief.com/blog/my-irs-levy-is-causing-a-hardship-now-what/ Mon, 12 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21056 Dealing with an IRS levy can be incredibly stressful, especially when it creates a significant financial hardship. A levy allows the IRS to legally seize your assets, such as bank accounts, wages, and other property, to satisfy a tax debt. If this action is making it difficult to cover basic living expenses, it’s essential to […]

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]]> What To Do If You Receive IRS Notice CP90  https://optimataxrelief.com/blog/what-to-do-if-you-receive-irs-notice-cp90/ Thu, 08 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21046 Receiving a notice from the IRS can be an unsettling experience, especially when it involves serious matters like potential tax collection actions. One such notice is the IRS Notice CP90. If you’ve received this notice, it’s crucial to understand what it means and how you should respond. Here’s a comprehensive guide on what to do […]

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]]> What is the U.S. Tax Court?  https://optimataxrelief.com/blog/what-is-the-us-tax-court/ Wed, 07 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21042 The U.S. tax system is one of the most complex in the world. That said, it can be intimidating for many taxpayers, especially when disagreements arise with the IRS over tax liabilities. In such situations, the United States Tax Court serves as a crucial legal institution that offers taxpayers a platform to contest IRS determinations […]

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]]> What Happens if I Default on My IRS Installment Agreement? https://optimataxrelief.com/blog/what-happens-if-i-default-on-my-irs-installment-agreement/ Wed, 17 Jul 2024 08:00:00 +0000 https://optimataxrelief.com/?p=20916 Entering into an installment agreement with the IRS can provide taxpayers with a manageable way to pay off their tax liability over time. However, defaulting on an IRS installment agreement can lead to serious consequences. Here, we’ll review the potential repercussions and the steps you can take to mitigate them.  What Does it Mean to […]

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