Month: October 2024

It’s very common for people to worry about making mistakes on their taxes. Whether you are filing for personal reasons or as a small business owner who is filing on their own, you may be concerned that an error is going to open the door for criminal charges. You worry...

Yes, the IRS has the authority to take money directly from your bank account, but this process is typically a last resort and involves several steps.  The IRS can issue a bank levy if you owe back taxes and have not made arrangements to pay. Here’s how it works. What...