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When back taxes go unpaid, the IRS has many tools at its disposal — and one of the most severe is asset seizure. Unlike wage garnishments or bank levies, asset seizures target your physical property: your home, your vehicle, your business equipment. If you’re falling behind on tax obligations, it’s critical to understand this process so you can take action before your…
Owing the IRS more than $10,000 is not just a financial problem—it’s a legal one. At this threshold, the IRS ramps up enforcement actions that can include garnished wages, frozen bank accounts, and federal tax liens. But despite how serious it may seem, you still have rights, and there are clear paths to relief if you act quickly and wisely. Step 1: Respond Promptly to…
If you’ve received an audit letter from the IRS, don’t panic—but don’t ignore it, either. IRS audits are serious legal matters, and the outcome can have lasting consequences on your financial future. At Rappaport Tax Relief, we represent individuals and small businesses facing audits and examinations, ensuring that your rights are protected and that the process is handled…
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