For some, federal taxes are the bane of their existence. With ever-changing rules and the economy still struggling to get back up to par, taxpayers are undoubtedly outraged when they feel someone else isn’t holding up their end of the deal. Hard-working citizens who are shelling out tax dollars often gripe about those who are not contributing their fair share to the taxman. It’s easy to point the finger at the low income sector of society or those wealthy citizens who seem to receive unending tax breaks but things are not always as they appear at first glance.
Filed under: Filing Taxes, State Taxes, Tax News | Comment (0)
It is not uncommon in this day and age for consumers to simply assume any debts owed will be eligible for some sort of tax installment agreement. Americans routinely pay credit card debt in monthly payments and the same can be true for variety of other debts that qualify for repayment through installment plans. For [...]
Filed under: Installment Agreements | Comment (0)
With recent decreases in tax revenues the IRS is stepping up collection efforts more than ever, so you can be sure that the IRS will collect from you what is owed. The IRS has created an automated collection system that ensures that they will get what they want. Because of this system the IRS is [...]
Filed under: Tax Levies, Tax Levy, Tax Lien, Tax Opinion | Comment (0)
There are thousands of Philadelphians with unpaid taxes. Among them are roughly 400 city employees and this is not uncommon as we reported in December how 276,000 federal employees owed back taxes.
Filed under: Tax News | Comment (0)
Last Thursday, the IRS auctioned off 7k acres of land in South Dakota (Part of Crow Creek Indian Reservation) that the Crow Creek Sioux Tribe owned because Crow Creek Tribal Farms (A corp formed under tribal laws) owed about $3+ million in back taxes, penalties and interest for unpaid employment taxes. The buyer has not [...]
Filed under: Tax Levies, Tax Levy, Tax News | Comment (1)
Oakland’s Mayor, Ron Dellums, owes the IRS $239,000 dollars for taxes he failed to pay in 2005, 2006, and 2007 according to public records and confirmed by news reports. A public tax lien was placed on his residence. Here is yet another politician who like Charlie Rangel caught with tax problems.
Filed under: Politicians, Tax Lien | Comment (0)
NAS, who real birth name is, Nasir bin Olu Dara Jones, was hit with a $2.5 million dollar tax for unpaid taxes between 2006-2007. According to the IRS, which filed a tax lien against the rapper, he did not pay taxes for 2006 and 2007.
Filed under: Celebrities, Tax Lien | Comment (0)