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Category: IRS

11 Jun, 2012
Reaves & Lee

IRS Back Taxes & Debt Negotiation

When it comes to debt negotiation, many people think they only have the option of working with credit card companies.  However, even the IRS is willing to go through debt negotiation with you!  Just like any other creditor,...

6 Jun, 2012
Reaves & Lee

IRS “Fresh Start” Initiative

If you are finding yourself bogged down in tax debt, and are beginning to consider what debt negotiation options are available to you as you deal with the IRS, you need to know about the IRS new expansions in the “Fresh...

16 Apr, 2012
Reaves & Lee

Tax Troubles

Tax season is over, which means one of two things. You either received a tax refund check or you owe the IRS. Owing the IRS is more common than you might think, and not being prepared for that additional cost is also becoming...

27 Mar, 2012
Reaves & Lee

Debt And Taxes

Debt is tricky business, especially when tax time rolls around. Did you know that you might be liable for taxes on debts that were written off? Did you know that if someone owes you a debt it may be eligible to become a...

6 Mar, 2012
Reaves & Lee

Mortgage Debt Tax Tips

In 2007, the Mortgage Debt Forgiveness Relief Act was implemented allowing for homeowners to exempt forgiven debts from being taxable as income. This bill is set to expire at the end of 2012, which could pose some problems...