Connecticut Tax Resolution: Your Guide to Strategic Tax Relief
Facing a tax problem can feel like being lost in a dense New England fog. The complexity of tax law, the relentless stream of notices from the IRS and the Connecticut Department of Revenue Services (DRS), and the fear of collection actions can be a paralyzing combination. For individuals and…
10 Benefits of Letting a Professional Negotiate With the IRS in Connecticut
Connecticut Taxpayers Need an Advocate IRS debt is more than just numbers — it’s stress, fear, and the risk of losing what you’ve worked for. Once penalties start adding up, the IRS moves quickly with garnishments, liens, and levies. At Rappaport Tax Relief, we’ve built our practice on defending…
IRS Notices Explained: What to Do When You Receive a CP501 or CP504
When the IRS Comes Knocking For taxpayers in Connecticut, nothing creates anxiety quite like an IRS notice. The CP501 and CP504 are among the most common — and they escalate quickly if ignored. CP501: The First Reminder This is often the IRS’s initial contact about your unpaid balance. It outlines…
The Truth About IRS Penalties and How to Remove Them
Why IRS Penalties Feel Overwhelming Every year, thousands of taxpayers in Connecticut receive IRS letters not only demanding back taxes but also piling on penalties and interest. These penalties can add 25% or more to your balance, sometimes doubling what you owe. For families and small business…
The High Stakes of Ignoring IRS Letters
An IRS notice isn’t a suggestion — it’s a formal warning that demands a response. Ignoring it can cost you far more than the original issue. It starts with a basic letter explaining a discrepancy or balance due. With no reply, the IRS moves forward with collection. That can mean wage garnishments,…
IRS Bank Levies: Immediate Steps to Take
An IRS bank levy is more than an inconvenience — it’s a sign that the government is done waiting for payment. With this action, the IRS can legally freeze your bank account and, after 21 days, take the funds to cover your tax debt. By the time a levy happens, the IRS has already sent multiple…
The Truth About IRS Penalties — And How to Get Them Removed
When tax debt starts piling up, IRS penalties often make the situation worse. What begins as a manageable balance can quickly become overwhelming once late fees, interest, and additional charges are added on. At Rappaport Tax Relief, we’ve seen countless clients come in discouraged by penalty…
How to Successfully Navigate a Tax Audit: Breaking It Down Phase by Phase
Receiving an IRS audit notice can feel overwhelming, but audits don’t have to result in disaster. Most audits are resolved efficiently when handled correctly — the key is understanding what’s happening at every stage and knowing how to respond. At Rappaport Tax Relief, we guide taxpayers through…
IRS Asset Seizure: What It Means and How to Protect Your Assets Before It’s Too Late
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…
What to Do If You Owe the IRS More Than $10,000
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…