If the IRS charged you a failure-to-file or failure-to-pay penalty this year and you already used first-time penalty abatement once, years ago, you need to know whether that door is still open, because a lot of taxpayers assume it's a one-time-only benefit and stop looking...
A small business owner in Jenks who owes eighteen thousand dollars after a rough year has two real paths in front of her: pay it off within 180 days on a plan with no setup fee, or spread it across as many as 72 months...
A Tulsa business owner falls behind on payroll, uses withheld trust fund taxes to cover rent and supplier invoices instead of sending them to the IRS, and six months later a revenue officer calls asking to schedule an interview. That interview is the start of...
Three separate deadlines, not one, have to be satisfied at the same time before the IRS will treat an income tax debt as dischargeable in bankruptcy, and missing any single one of them means the debt survives the filing entirely. How old does a tax...
Thirty days. That's the exact window the IRS gives you on a Final Notice of Intent to Levy, sometimes labeled LT11 or Letter 1058, before it's legally allowed to seize your bank account or garnish your wages. What happens after the 30 day period on...
"They put a levy on my house" is something people say fairly often, and it's almost always the wrong word for what actually happened. A lien and a levy get used interchangeably in everyday conversation, but the IRS's own explainer on levy and lien describes...
Most people who owe back taxes assume the IRS and the Oklahoma Tax Commission (OTC) are working from the same playbook. They aren't. The difference between IRS debt and Oklahoma tax debt shows up in who can collect from you, how fast they can act,...
When a parent in Broken Arrow passes away and leaves a house and a modest savings account to their adult child, and that child already owes the IRS from a few years of falling behind, the inheritance becomes the first asset the IRS can see...
Tax attorney vs CPA for back taxes, which do I need? If you owe the IRS or the Oklahoma Tax Commission and you are comparing your options, this is exactly the right question to ask before you spend money, and the honest answer is: it...
Can the IRS come after me personally for business taxes? For business owners around Tulsa, OK, this may be the most dangerous question in all of tax law, because the answer most people assume, "no, my LLC or corporation protects me," is wrong in the...