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There are many great things about being your own boss and owning your own Oklahoma business. As a sole proprietor, you may be able to make the business whatever you want it to be, you may be able to make your own hours, and you may have unlimited income potential. However, with those benefits com...

Call a lawyer or tax professional immediately! If your case has been assigned to a revenue officer, time is of the essence. An IRS revenue officer has the right to visit you at your home or place of business if you are not represented by a lawyer or other tax professional. This officer cont...

If you owe a large tax debt to the U.S. government you will be contacted—and maybe even visited—by an IRS revenue officer. The sole job of this officer is to recoup as much of your debt as possible by whatever means necessary. The pressure for collection is such that IRS agents use various tricks...

This tax season, you may find yourself facing the unpleasant surprise of a visit from a representative of the Internal Revenue Service. The IRS sometimes sends certain employees out to your home or business in an effort to collect unpaid taxes or investigate tax offenses. While no visit from the ...

You know how much you owe in Oklahoma income tax. No mistake has been made, and you have not been caught unaware. Instead, you simply don't have the money to pay your state income tax bill. Know What Comes Next You should still submit your state tax returns, even if you do not currently have the ...

The CP 14 notice may look confusing, but an IRS CP 14 notice is meant to send a clear message to a taxpayer. If you receive an IRS CP 14 notice, then the IRS is telling you that, according to the agency, you owe money on unpaid federal taxes. It provides specific information about how much you ow...

You've spent so much time and energy building your business. Whether you worked a second job while you got your business off the ground or you put all of your effort into making your Oklahoma City business succeed, you did everything that you could to ensure the success of the business that you c...

When you owe tax debt to the Internal Revenue Service (IRS), it is difficult to focus on much else. The IRS is one creditor, perhaps above all others, that must be taken very seriously. Fortunately, there are alternative solutions available to many taxpayers for the tax debts that they owe. One s...

In today's world, it is not uncommon for a person to live in one state and work in another. In these situations, it is important to understand that income taxes may be due to both the state of residence and the state where the income was earned. A non-resident income tax return may also need to b...

The decision to file an IRS hardship status claim was not a difficult one for you to reach. You know that you do not live extravagantly. You know how hard you are working and that you are just making ends meet. Paying your back taxes to the IRS would be a true hardship. Yet, it is not enough tha...

The Internal Revenue Service (IRS) has more power and authority than the average creditor when it comes to collecting on the money that is owed. One way that the IRS can demand payment is to garnish a taxpayer's wages. For example, if you work for the Tulsa branch of the Bank of Oklahoma, the IRS...

When most taxpayers think about problems with the IRS, they likely assume that many problems relate to questionable tax deductions. In fact, however, it is more common for the IRS to pursue taxpayers over suspicion of unreported income. The IRS has increased its collection efforts with regard to ...

technocracy/tekˈnäkrəsē/ The government or control of society or industry by an elite of technical experts. An instance or application of technocracy. The IRS has advised businesses ...

Many people call my office scared stiff after receiving threatening letters from the Oklahoma Tax Commission. One of the most common fears is when a person receives a "Notice of Tax Warrant." What a frightening thing to read! But never fear; while the term, "warrant" may sound like there is a wa...

Everything may be spinning out of control and you may not know how to stop it. What began as an innocent mistake or a difficult financial decision when money was tight has now become a huge liability, and a huge problem. The IRS may be threatening to take actions—like garnishing your wages or pl...

As a debt collector, the Internal Revenue Service is not an entity that you should avoid or ignore. Taxpayers who owe money to the IRS may find themselves hit with a lien on their assets for unpaid taxes. This can significantly inhibit your ability to obtain financing, sell a property, or otherwi...

The Internal Revenue Service has stated that it aims to eventually make the U.S. tax system a paperless operation as much as possible. Many roles that used to be carried out by people are now delegated to these powerful machines. This can create problems for taxpayers who need to access their inf...

If you owe more in unpaid taxes than you could ever realistically pay back, you may be able to qualify for an “offer in compromise” (OIC). However, many offers that are submitted to the IRS are rejected, for a variety of reasons. Avoiding the pitfalls in the process of requesting an offer in comp...

Most people have a good innate barometer about when it's appropriate to collect sales tax and when the state is likely to look the other way. If you run a sporting-goods store in the state of Oklahoma, for instance, you are required to collect, and regularly forward, a sales tax of 4.5 percent (i...

When you owe money in taxes, the IRS has many tools at its disposal to attempt to collect the delinquency. One such tool is to place a levy on your bank account or wages. But how does the IRS find the information it needs in order to place such a levy? The answer may be simpler than you think. Th...

Pete Rose made Time Magazine's list of “Top 10 Tax Dodgers” before his latest problems with the IRS were announced. In 1990, Pete Rose spent five months in jail after pleading guilty to federal tax evasion charges. In 2004, he faced an IRS tax lien for unpaid taxes that reportedly neared $1 milli...

Over the summer, celebrity tattler TMZ, was following the tax woes of Rush Hour funny-man, Chris Tucker. According to the L.A. County Recorders Office, the IRS filed an $11.5 million Federal Tax Lien against Tucker for unpaid income tax back in July, 2010. This Federal Tax Lien is in addition ...