November 2, 2025 | Tax Liens
IRS Tax Lien Subordination: In-Depth Guide IRS Tax Lien Subordination is a strategic solution for taxpayers facing federal tax liens who need to pursue financial opportunities like refinancing, selling assets, or accessing home equity. While a tax lien signals that the IRS has a legal claim to your property due to unpaid taxes, subordination does not eliminate the lien but all... CONTINUE READING
October 10, 2025 | Tax Laws Tax Levy Tax Liens Tax Relief
What Is an Alter Ego Levy and How to Protect Your Assets? An alter ego levy is when the IRS seizes assets owned by your alter ego to cover your tax debt. If you've received notice of an alter ego lien or levy, you need to take action – this is not routine tax debt collection, and generally, the IRS only pursues this route when they believe you are hiding assets or they have the right to pierce the corporate veil due to co-mingling. ... CONTINUE READING
October 9, 2025 | Tax Debt
Can the IRS Take My Spouse’s Income for My Tax Debt? It depends – in some cases, the IRS can take your spouse's income for your tax debt, but they can't in other situations. Ultimately, it boils down to which type of return you filed, how much your spouse earns, and what you've done to resolve the debt. In all cases, it pays to be proactive. To get help protecting you and your spouse from your tax debt, contact us at Timothy S. Hart Law Firm today. Wh... CONTINUE READING
October 9, 2025 | Tax Debt Tax Liens
Can You Sell a House With a Tax Lien on It? Yes, you can sell a home even if it has an IRS tax lien against it. However, there will be extra paperwork involved, and the IRS will have a right to the proceeds of the sale, up to the amount of your tax debt. There are a few different ways to navigate the sale, depending on the situation. This post outlines the basics, but to get legal gui... CONTINUE READING
September 21, 2025 | Tax Debt Tax Help
IRS Jeopardy Assessments — When the IRS Acts Without Warning IRS tax assessment and enforcement actions typically follow strict protocols and procedures. The agency sends letters, gives taxpayers time to respond, and eventually moves on to liens, levies, and seizures. The entire process takes months, giving taxpayers plenty of time to question the amount owed, come up with payment arrangements, and otherwise avoid aggressive collection efforts. Jeopardy a... CONTINUE READING
September 21, 2025 | Passport Tax Debt
Can the IRS Revoke My Passport Over Back Taxes? You could lose your passport over unpaid taxes. Unpaid federal tax debt can lead to restrictions and revocation of your passport, making it impossible for you to travel to visit family or work. IRS passport revocation is indirectly possible, meaning that while the IRS cannot outright revoke your passport, it can take steps that trigger the U.S. State Department to place lim... CONTINUE READING
September 21, 2025 | Tax Debt
What Assets Can New York State Legally Seize for Back Taxes? If you owe taxes to the New York Department of Taxation and Finance, they may seize your assets. The DTF's asset seizure process is slightly different from the IRS's, but in both cases, they can take a significant portion of your assets. To protect your assets, you need to know what the DTF can legally seize and how to respond when you receive a levy (seizure) notice. Key takeaways:... CONTINUE READING
August 17, 2025 | Tax Levy
What to Do If Your Business Is Padlocked for Unpaid Taxes If your business has fallen behind on taxes in New York, you could face more than just collection letters. The New York State Department of Taxation and Finance (DTF) and, in some cases, the IRS, have the authority to physically shut down a business that fails to resolve its tax debts. This is called a padlock action, and it means agents can show up without wa... CONTINUE READING
August 17, 2025 | FBAR Tax Penalties
Can the IRS Really Take Half the Money in My Foreign Bank Accounts? If you have money tucked away in a foreign bank account, you’ve probably heard the scary stories: the IRS can swoop in and take half of your balance if you haven’t filed the proper paperwork. It sounds extreme, but there’s some truth to it. U.S. taxpayers with foreign accounts are required to file an annual FBAR (Report of Foreign Bank and Financial Accounts), and the penalties for missing one can be steep.... CONTINUE READING
August 17, 2025 | Late Filed Returns Tax Debt
What Is IRS Notice LT36? Sent to Federal Employees and Retirees Since 2013, the number of federal employees with tax debt has risen to about 6% (5% or more of congressional employees and about 4% of White House staff). In the spring of 2025, the IRS sent letters to 525,000 federal employees and retirees with a dire implication: If you don’t reconcile... CONTINUE READING
IRS Tax Lien Subordination: In-Depth Guide IRS Tax Lien Subordination is a strategic solution for taxpayers facing federal tax liens who need to pursue financial opportunities lik...
