Tax Liens and Levies: What’s the Difference and Why It Matters
The IRS Collection Process in Long Island Long Island residents face some of the highest living costs in the country, and falling behind on taxes can be especially damaging. When the IRS files a lien or levy, the impact is immediate and serious. What Is a Tax Lien? A lien is the IRS’s legal claim […]
I have IRS Payroll Problems. What Should I Do Next?
If you own a business, you know how important it is to withhold payroll taxes from employees’ paychecks and send them to the IRS. But if financial struggles cause you to fall behind, the IRS takes it very seriously. Unpaid payroll taxes can trigger: The IRS views payroll tax noncompliance as a major violation because […]
Why Ignoring IRS Notices is a Mistake You Can’t Undo
IRS notices don’t stop on their own. Each one you ignore moves you closer to enforced collection, which can mean wage garnishments, bank levies, or tax liens. It starts with a simple letter outlining a balance due or requesting more information. If you do nothing, the IRS assumes their assessment is correct and begins collecting […]
What to do When the IRS Freezes Your Bank Account
An IRS bank levy isn’t just a collection effort — it’s a financial emergency. With one order, the IRS can instruct your bank to freeze your funds and, within 21 days, send them straight to the government. This action usually follows months of letters, notices, and payment demands. By the time a levy is issued, […]
What Happens If You Ignore IRS Notices?
When a letter from the IRS shows up in your mailbox, it’s easy to feel anxious — or even to toss it aside, hoping the problem will go away. But ignoring IRS notices never makes things better. In fact, it can turn a manageable issue into a serious financial and legal problem. At Fine and […]
Understanding IRS Levies: Causes and Solutions from ExpertsSuccessfully Navigating a Tax Audit: A Guide for Clarity and Confidence
A tax audit can feel intimidating, but it doesn’t have to derail your life or your business. In reality, an audit is simply the IRS’s way of verifying that your tax return is accurate — and with the right preparation, you can navigate this process smoothly. At Fine & Clear Tax Resolution, we believe that […]
Facing IRS Asset Seizure? Here’s What You Need to Know
Few things feel more threatening than receiving a notice from the IRS about the possible seizure of your property. An IRS asset seizure isn’t just a scare tactic — it’s a legal and aggressive action the IRS takes when tax debts go unresolved for too long. If you’re behind on taxes or have received IRS […]
What to Do If You Owe the IRS More Than $10,000
Getting a notice from the IRS saying you owe over $10,000 can trigger panic—and rightfully so. Once you cross that five-figure threshold, the IRS becomes far more aggressive in its collection efforts. But there’s good news: you still have time to take control. The IRS provides multiple programs for resolving tax debt, and with the […]
Self-Employed and in Tax Trouble? Here’s How to Get Back on Track
Freelancers, gig workers, and small business owners often face a common challenge: managing taxes without an employer handling withholding. At Fine & Clear Tax Solutions, we specialize in helping self-employed individuals resolve tax debt and stay compliant year-round. Why the Self-Employed Get in Trouble These issues often result in large year-end tax bills, penalties, or […]
Independent Contractors and Tax Debt: What to Know in 2025
Being an independent contractor comes with freedom—freedom to set your hours, choose your clients, and grow your own business. But it also comes with tax responsibilities that can catch even the most diligent worker off guard. At Fine & Clear Tax Resolution, we frequently work with self-employed professionals who are facing serious tax debt. If […]
