From the IRS Tax Liens Tag

Court Upholds FBAR Penalty That Exceeded Foreign Account Assets

A Federal appeals court recently upheld a case where a Florida taxpayer (Mr. Carl R. Zwerner) was assessed a penalty equal to 150% of the value of the foreign accounts that he should have […]

Can I Sell or Refinance My Home If I Have a Tax Lien?

So here’s the situation, interest rates have dropped and you want to refinance your home at a better rate. But you can’t because you also owe money to the IRS and they’ve filed a […]

What is the IRS Fresh Start Program?

In an attempt to acknowledge the significant challenges taxpayers are facing as a result of the severe economic crisis, the IRS introduced the “Fresh Start” program. The program is supposed to make it easier […]