Category: Uncategorized

March 25, 2020 thetaxlawmantest No comments exist

IRS Tax Debt and the Coronavirus Coronavirus has created massive economic problems in the United States and across the globe. Businesses are being shut down. Individuals are being laid off. Foreclosures and bankruptcies appear imminent. To combat the threat of exponential losses, many creditors have relaxed deadlines and collection efforts on debts owed during this…

February 13, 2017 thetaxlawmantest No comments exist

How to Remove an IRS Federal Tax Lien The IRS had recently increased its lien filing threshold from $5,000 to $10,000. What this means is that the IRS will typically not file a lien if your tax liability is less than $10,000. Keep in mind that this is a general rule and circumstances do exist…

February 13, 2017 thetaxlawmantest No comments exist

Can the IRS Garnish Your Social Security Benefits? IRS Directly Garnishing Social Security The IRS has the right to garnish your social security income (both retirement and disability) but limitations to this garnishment exist. First, you must receive at least $750/month in social security benefits. Second, assuming you are not receiving income from other sources…