The IRS will place a lien on your property to secure payment of your tax debt. A Notice of Federal Tax Lien may be legally issued by the IRS only after the following 3 requirements are met: The IRS makes an assessment against the taxpayer; The IRS sends the taxpayer a written Notice and Demand for Payment; and The [...]

The IRS has recently stepped up its non filer program and is now aggressively seeking to bring them into compliance. Many taxpayers are unaware that it is a crime not to file a tax return. Non filers often make the mistake of assuming that if they dont have the money to pay their taxes they [...]

Estate Planning and Estate Taxes Pappas & Associates regularly advises clients on wealth transfers and the minimization of death taxes. As part of our Estates and Trusts services we prepare and advise clients on the following tax returns: Form 1041 – Estate or Trust Income Tax Return Form 706 – Federal Estate Tax Return All [...]

If you owe the IRS back taxes and/or haven’t filed your tax returns in several years, you are probably having a hard time sleeping at night. Either that or you’ve moved to Canada. Most people who are behind in their taxes truly want to get back in good standing with the IRS. Usually they don’t do [...]

IRS More Aggressive in Finding Non-Filers The IRS has recently stepped up its non-filer program and is more aggressively seeking to bring delinquent taxpayers into compliance. Non-Filing is a Crime Many taxpayers are unaware that it is a crime not to file a tax return. Non filers often make the mistake of assuming that if [...]

The Dreaded IRS Notice Nobody likes getting an IRS notice that doesn’t include a refund check along with it. But the truth is if you live long enough you are bound to get an unhappy letter from the tax man at some point. Many of our clients come to us only after they have received [...]