Jim Payne's Tax Blog in Gainesville, FL

I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS and Florida Department of Revenue. Typically, problems with the IRS Collections Division starts with a series of notices. Each new notice gets more threatening than the last and start to come faster and...

I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS and Florida Department of Revenue. The IRS Collection Process can be intimidating, but it is relatively simple. Typically, it goes like this:  IRS sends a notice of tax due.  IRS sends a second, more th...

I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS and Florida Department of Revenue. Many times, taxpayers are simply not able to pay their tax debt. The IRS recognizes in these cases that it is simply a waste of their time and resources to pursue this...

I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS and Florida Department of Revenue. The IRS has 10 years from the date of assessment to collect a tax debt. Once the Statute of Limitations is met, the debt becomes unenforceable. The taxpayer is off the...

I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS and Florida Department of Revenue. President Trump has signed into law the “Taxpayer First Act” (H.R.3151) which prevents the IRS from raiding a taxpayer’s bank accounts because of the suspicion that th...

I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS and Florida Department of Revenue. The most misunderstood option in dealing with the IRS is the Offer-in-Compromise. TV ads regularly promote the idea that some large national firm can clear your debts ...

I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS and Florida Department of Revenue. A Federal Tax Levy is the actual seizure of a taxpayer’s assets because of past-due taxes. Usually, it involves a bank account or wages. There are two types of Levy. A...

I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS and Florida Department of Revenue.  Federal Liens are a big part of the IRS’s tool kit for collecting back taxes. If a taxpayer owes money to the IRS, there is an automatic tax lien against them, all th...

I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS and Florida Department of Revenue.  The IRS has stated that there are more than 7 million taxpayers who have failed to file tax returns and that they plan to setup their programs to identify and collect...

Gainesville, FL taxpayers can avoid Liens and Levies by not ignoring IRS correspondence and doing the following steps.Step 1 – You must get current with all your filings. There is simply nothing to negotiate until how much you owe is established.Step 2 - Make any payments that are due on the on t...