State documents indicate interest added more than $53,000 to the balance, while penalties contributed about $40,000.
Discover how tax lien foreclosure works, key differences from tax deed sales, and what happens if a property owner fails to ...
Allegan County Clerk and Register of Deeds Bob Genetski is warning residents to be cautious of letters claiming a federal tax ...
One troubling aspect of tax practice that CPAs sometimes have to deal with is what to do when the IRS or some other authority attaches a tax lien to a client’s property. The issue is even more complex ...
In the early 1990s, IRS enforcement activities were fairly aggressive. In several well-publicized cases, individual taxpayers lost their homes and livelihoods to the IRS because of unpaid taxes. As a ...
The IRS may recover a 100% IRC § 6672 trust fund penalty from any responsible person who acts willfully in failing to pay over to the government taxes withheld from employees. If the responsible ...