Recent Articles

IRS Wage Garnishment: Kiss Your Paycheck Goodbye

IRS-Hitman
January 06, 2009 23:34

Where it Begins: If you’ve got an IRS tax debt, chances are good that the IRS is doing everything they can to get that money. Maybe you gotten a few letters, but none of them seemed to serious. But about two weeks ago you got a “Final Notice” that said they intended to garnish your wages. You didn’...

Manage Your IRS Debt Even after You’ve Lost Your Job

IRS-Hitman
January 02, 2009 18:01

It’s a jungle out there… Times are hard, and many people, possibly you; have lost their jobs. What’s worse is that you’ve taken out of your 401k to cover your bills until you can get back on your feet. Now that money is gone, your job situation hasn’t improved and you got a letter from the IRS ...

New Year's Eve!

IRS-Hitman
December 31, 2008 15:53

Wrapping Up: Well, I hope everyone's holiday has been as enjoyable as mine has been. We've seen some pretty intense activity this last year. There are some things that I'm going to miss about 2008; but I am excited to be getting a fresh start. I hope you are all thinking the same thing.Resolutions?...

Medical Expenses and the IRS: Helping the Uninsured

IRS-Hitman
December 31, 2008 15:10

The health care crisis! Millions of Americans are without health care. That’s millions of American’s who can’t go to the doctor or can’t get the prescription drugs that they need. What’s worse is many Americans wait until they’re so sick they have to go to the emergency room and come away with an...

IRS Tax Debt and Disability: Know Your Solutions

IRS-Hitman
December 17, 2008 22:56

You’re Trapped! If you’re in a spot where you can’t work, the last thing you want to worry about is IRS tax debt. You have enough on your mind without having to think about how much you owe or how you’re going to pay it. Not only are you dealing with medical bills and physical issues, but your disab...

Top 3 Ways to Save Money With Tax Resolution

IRS-Hitman
December 15, 2008 17:29

You need Help: So you owe the IRS, but you're not sure where to turn? You've seen the commercials on T.V. saying that your IRS debt can be settled for "Pennies on the Dollar." Well we all know about the reality of those programs. But some companies use other tactics to try and take your...

IRS Interest Rates are Dropping!

IRS-Hitman
December 12, 2008 19:06

You Read Correctly! Yes it's true, as of today, the IRS has announced that Interest Rates will be dropping for at least the first quarter of 2009. Now remember, this is the IRS, so it's not as huge as a drop as we would like it. But then again, this is the IRS so anything they do that's good for...

IRS Offer in Compromise: Get your OIC Questions Answered

IRS-Hitman
December 10, 2008 14:14

Settle down! So you’ve fallen behind on your taxes. Now comes the time to resolve the issue. After talking to a reliable tax professional, you’ve determined that the Offer in Compromise Program is best for you. But there may be some things about the program you aren’t entirely sure about. If you hav...

Non Taxable Income: A Short List to Ease Your Worries

IRS-Hitman
December 05, 2008 20:29

Report your income…Normally any money you receive during the year has to be reported on your income tax filings. This includes paychecks, interest on accounts, and any kind of withdrawal from accounts such as 401k or pension. However there is a fairly significant list of income sources that do n...

IRS Tax Liens: How to Save Your Credit and Your House from a Tax Lien

IRS-Hitman
December 04, 2008 15:42

The Silent Killer You may have heard of the IRS Tax Levy. It's a vicious tool the IRS uses to seize money and assets. Tax Liens don't transfer your property to the IRS, but they certainly mess up your credit. Not many people know how serious the dangers of a Tax Lien are. Educate yourself; don't...