by Levins Tax | Mar 4, 2022 | Uncategorized
If you fall behind on your taxes, you may be subjected to a tax lien from the IRS, which, essentially, is a legal claim on your property. A tax lien, while no longer appearing on credit reports, still appears to creditors. That means a lien could prevent you from...
by Levins Tax | Mar 4, 2022 | Uncategorized
From time to time, when the IRS detects there might be something off about your tax filings, they might perform an audit or a review of your finances and the information provided to ensure you’re following tax laws. During tax season, when attempting to maximize...
by Levins Tax | Feb 28, 2022 | Uncategorized
The vast majority of tax troubles start with errors. If the Internal Revenue Service uncovers information that doesn’t validate claimed credits or deductions, taxpayers can find themselves in a bit of trouble. However, these errors don’t necessarily lead to tax...
by Levins Tax | Feb 15, 2022 | Uncategorized
When a married couple files a joint return, both spouses are considered to be responsible for the entire tax liability. There are circumstances when one spouse may not be an active participant in the family’s finances or be aware of all the information in the tax...
by Levins Tax | Feb 9, 2022 | Uncategorized
Offshore accounts get a bad rep. The truth, however, is that many people choose to bank with foreign entities in order to take advantage of legal protections, potentially lower tax rates and most importantly an increased sense of privacy. Storing your money in an...