Will California FTB Collections Be Calling You?

In July, the California Franchise Tax Board (FTB) began implementing an automated dialer to make outbound collection calls to individual taxpayers as an effort to prevent collection actions such as tax liens, bank levies, and wage garnishments. In September the FTB will implement an automated dialer for business entity taxpayers. In all cases, the FTB […]

IRS Tax Bill Collections: What You Can Do

The IRS has far greater powers than any other bill collector: The IRS has the power to take your wages, bank accounts, and other property without first granting you a hearing. Nevertheless, you aren’t entirely at the IRS’s mercy. Here are some tips that may help you if an IRS collector is at your heels. […]

Settling a Tax Bill with an Offer in Compromise

For those who qualify for an offer in compromise (“OIC”), an outstanding tax bill can sometimes be settled for significantly less than what is owed.  While there is no right to such a settlement, in most cases the IRS must at least consider a properly submitted OIC.  The IRS accepts less than half of the […]