Do you owe tax money to the IRS? Have you been trying to figure out how you are going to pay your bill? Did you know that ignoring your bill could lead to dire consequences? You need to take action quickly and determine how you are going to pay it. One option is to set up an IRS tax installment agreement. An IRS installment ... Read More
Tax Lien
What If I Have a Tax Lien on My Credit Report? How Do I Remove?
Checking your credit report is the best way to keep abreast of the information being reported to the credit bureaus. The information contained on your credit report can have a huge impact on various aspects of your life, from qualifying for credit or landing a new job. When a tax lien in placed on your property, this information ... Read More
How a Tax Lien Will Affect You
If you're unable to pay taxes owed to the IRS before they're due, and you've made no attempts at setting up an installment payment plan or other means of payment – the IRS has the power to attach a tax lien to property you own. This typically only happens after the IRS has sent you a number of notices over many months to try and ... Read More
Michael Phelps Owes $23K in Back Taxes
Olympic gold medal winner Michael Phelps owes the State of California $23 thousand in back taxes for the years 2005 and 2006. The State of California filed a tax lien on Phelps in order to secure payment of these taxes. When a tax lien is filed it becomes public information that the person who the lien was filed against owes ... Read More
Big Boi of OutKast Owes $55K in Back Taxes
OutKast Member Big Boi (Antwan Patton) is reported to owe the IRS $55,000 in back taxes. The state of Georgia filed a tax lien against Antwan Patton and his wife on June 1st. He is the latest rapper/celeb who has fallen into trouble with the IRS. OutKast has become one of the most successful groups of all time. It makes you ... Read More
Oakland Mayor Ron Dellums Owes $239K in IRS Back Taxes
Oakland Mayor, Ron Dellums, owes the IRS $239,000 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, has been caught with tax problems. The San Francisco Chronicle ... Read More
Edward Rollins Owes $1.24 Million in IRS Back Taxes
Ed Rollins, a political campaign consultant - and known for his work as Republican Director for Reagan in 1984, Co-Manager for Perot's Campaign in 1992, and Whitman's in 1993 for NJ, and recently for Mike Huckabee's campaign, owes the IRS about $1.24 million in federal taxes. Rollins, according to public records and The Detroit ... Read More
Nas Owes the IRS $2.5 Million in Back Taxes
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, who filed a tax lien against the rapper, he did not pay taxes for 2006 and 2007. This recent rapper joins the ranks of Method Man, who was recently reported to be in trouble ... Read More
Darryl Strawberry Owes More Than $500K in Back Taxes
Darryl Strawberry, the former MLB All-Star, New York Mets and New York Yankees star who has faced tax problems (like some other former Mets players) in the past owes over $550,000 when totaling California state and IRS back taxes. Strawberry was well known as a home-run hitter with a large presence in the batters box. Darryl is ... Read More
Chrysler Group’s CEO Jim Press Owes About $1M in IRS Back Taxes
Chrysler CEO Jim Press has close to $1 million in IRS back taxes and is even being sued by his credit union (Western Federal Credit Union) for defaulting on a $609k mortgage loan, The Detroit News reports. As many people know tax liens become public knowledge, and the IRS filed a $947k tax lien against Jim Press stating that he ... Read More
Tax Services: Use a Large, Nationwide Firm or Small Local Firm?
If you have tax problems and are looking for professional help it is important to find a reliable tax company to help. There are many companies out there that can help, large and small. Both large and small companies have their benefits. Depending on what you are looking for in a tax company and what your tax situation is should ... Read More
Robert Patrick Owes $176K in State and IRS Back Taxes
The star of Terminator 2, Flags of Our Fathers and The X Files has fired his manager after discovering that he owes both the IRS and the State of California for a total combined sum of $176,000 in back taxes. Robert Patrick was not happy about finding out what he owes and pledged to pay and get into tax compliance with both the ... Read More
