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Can the IRS Freeze My Bank Account?

  • 17 November 2015
  • Author: Cari Holbrook
  • Number of views: 1299
  • 0 Comments
Can the IRS Freeze My Bank Account?

Last month we discussed when and how the IRS can freeze a tax refund. But did you know that the IRS can freeze your bank account as well? It’s called an IRS bank levy and it represents an actual seizure of your money from your bank account, if the IRS finds it necessary.

How Far Back Can I Be Audited?

  • 10 November 2015
  • Author: Cari Holbrook
  • Number of views: 1114
  • 0 Comments
How Far Back Can I Be Audited?
Many myths circulate around IRS audits. One, for instance, is that an audit is some big, scary situation in which a taxman in sunglasses and a suit arrives at the door, briefcase in hand, ready to dig through shoeboxes of receipts on the spot. The reality, however, is much less dramatic.
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