Fanta Kaba's (fantak) Blog

Live in Mount Laurel, NJ? Here is a quick story about IRS Tax LienWhat Happens When You Don't Pay Your Taxes to the IRSImagine you have a piggy bank where you keep all your treasures. But one day, you forgot to share some of your treasures with a friend, like you promised. That friend is like the...

An IRS penalty is a financial charge imposed by the IRS on taxpayers who fail to comply with tax laws, including not filing tax returns on time, failing to pay taxes owed by the due date, or making errors on their tax returns. These penalties are designed to encourage compliance and timely filing...

What is IRS Notice CP 90?In Mount Laurel, NJ the IRS Notice CP 90 is a final notice of intent to levy your assets due to unpaid taxes. This critical communication means the IRS is prepared to take serious action, including garnishing wages, seizing bank accounts, or even affecting your passport s...

Just filed my income tax return, now I am receiving CP14 from the IRS. What do I do now?When you receive an IRS Notice CP14, it means the IRS is informing you that you have unpaid taxes for a specific tax year you have filed. This notice is essentially the first notice you might receive about unp...

What is IRS notice CP501 and what should you do when you receive it?After filing your income tax return and there is a balance due, the IRS sends the CP501 notice as an initial step in their process of collecting unpaid taxes. It's essentially a reminder for taxpayers who have a balance due on th...