Federal Tax Lien

A federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt. The lien protects the government’s interest in all your property, including real estate, personal property and financial assets.

Can I Resolve Back Taxes By Qualifying For Currently Not Collectible Status?

Business Fails to Resolve Back Taxes | Federal Tax Lien | TaxFortress.com

Benjamin Franklin once said that nothing is certain in this life but death and taxes.  I’ll agree that none of us will cheat death.  But I may quibble with Mr. Franklin on the issue of whether or not you have to pay all of your taxes.  Under the right set […]

Fortress Financial Services Featured On Moving America Forward Hosted By William Shatner

Moving America Forward Interview | Tax Resolution Services

Earlier this year, I received a voice message from a producer for a television show called Moving America Forward, hosted by William Shatner.  The message stated that they were interested in speaking with me about possibly appearing on their nationally broadcasted television show. Moving America Forward Interviews Fortress Financial Services […]

Will The IRS Seize My Assets, Business Or My Residence?

IRS Asset Seizure | Tax Seizure | TaxFortress.com

You and/or your business have accrued a tax liability and are now receiving increasingly threatening letters from the IRS that indicate that they are going to seize your assets.  Many questions arise.  Can the IRS actually do this?  Will they seize my corporate assets and shut my business down?  Will […]

IRS Automated Collection System (“ACS”) vs. Revenue Officer: What’s the Difference?

IRS Automated Collection System | IRS Revenue Officer | TaxFortress.com

When an IRS tax liability goes to collections, it will either be assigned to the IRS Automated Collection System (“ACS”) or to the Collection field function, where a Revenue Officer will be assigned and charged personally with attempting to collect the unpaid tax.  Some delinquent accounts will initially be assigned […]

Understanding IRS Successor, Alter Ego , Nominee, And Transferee Liability

Third Party Liability | Transferee Liability | TaxFortress.com

You invested your entire savings and better part of your working life into your business in an attempt to have it succeed and ultimately grow.  During this time many unforeseen obstacles occurred that caused you to have to make difficult decisions, one of which was to forego making a tax […]

Taxpayer Advocate Service: Utilizing the Taxpayer Advocate to Resolve IRS Tax Liabilities

Taxpayer Advocate Service | Offer in Compromise | TaxFortress.com

The Internal Revenue Service is one of the largest government agencies in the world. With around 90,000 employees and a budget in the billions, it’s truly an empire within our government, and its rules and regulations are not wholly known by any one single human being. Therefore, as you can […]

Congress Instructs IRS To Outsource Collections To Private Companies

IRS Uses Private Collection Agencies | FAST Act | TaxFortress.com

On December 4th, 2015 President Barack Obama signed into law the “Fixing America’s Surface Transportation Act” to improve the Nation’s surface transportation infrastructure. Also referred to as the FAST Act, the legislation included a provision which requires the Internal Revenue Service to outsource certain tax debts to private debt collection […]

Top 5 Ways To Reduce An IRS Tax Liability

How to Reduce Your IRS Tax Liability | OIC | TaxFortress.com

So, something in life or business didn’t go according to plan, and now you’re faced with an IRS tax liability. While few people relish being a collection target of America’s most formidable creditor, there may be a silver lining. You may have options which could significantly reduce the amount that […]

How to Eliminate IRS Civil Penalties And State Withholding Tax Return Discrepancies

IRS Civil Penalty | Discrepancy Notice | TaxFortress

One of the most frustrating situations my clients confront is the IRS’s addition of large amounts of tax or Civil Penalties to tax periods that ended a long time ago. There can be several reasons for additions to tax or Civil Penalties, but the most common ones I encounter are […]

How to Get a Tax Pro to Settle Your Tax Liability (OIC) Offer in Compromise

OIC | IRS Offer in Compromise | Free Tax Help | TaxFortress

If you or your business have gotten behind with the IRS, a tax settlement, also known as an Offer in Compromise (OIC), might be the best way to get rid of your tax liability—if you qualify. There are three general categories of OICs: Doubt as to Liability (I don’t actually […]

How to Sell an Asset That is Subject to a Notice of Federal Tax Lien

Notice of Federal Tax Lien | Certificate of Discharge | TaxFortress

If you owe taxes to the IRS, a tax lien automatically arises against you and attaches to just about everything you own.  This is sometimes called a secret lien since the government’s claim does not initially appear in any public records.  Rather, the lien automatically comes into existence when the […]

Will the IRS Garnish My Wages?

IRS Garnishment | Will The IRS Garnish My Wages | IRS Levy

Question:  Will the IRS garnish my wages or Levy my wages? How can I avoid this? Answer: In order to answer this question effectively, some background and definitions with regards to IRS procedures are warranted.  A levy on wages is where the IRS effectively takes a portion of ones wages […]

Will the IRS Seize Assets or Force the Sale of Them?

IRS Asset Seizure | Tax Levy | Notice of Levy | TaxFortress

Will the IRS take your assets or force you to liquidate assets in order to satisfy your IRS back tax liability? The IRS can, with a few limited exemptions, seize your assets to satisfy your IRS back taxes. However, if you have competent legal representation, this should not happen to […]