Taxpayers in Maryland are increasingly using e-filing technology to submit their tax returns to the Internal Revenue Service each year. Tax returns must be filed each year in a timely fashion in order to avoid potential penalties. In the past, this simply meant...
Back Taxes or Tax Debt
IRS stepping up enforcement of “nanny tax”
Maryland residents may not think much of paying a household worker in cash. However, it may be a mistake to not withhold payroll taxes for those who made more than $2,000 in either 2016 or 2017. While children and parents are exempt from this requirement, others such...
How to avoid serious IRS penalties
A Maryland resident who owes money to the IRS could lose the ability to leave the country. The IRS can ask the State Department to not issue a passport or to decline to renew an existing passport. Typically, the IRS will only do this if an individual owes $50,000 or...
5 key tips if you owe back taxes to the IRS
You never expected to owe back taxes to the IRS. It just happened due to a series of oversights.You don't think it was fraud -- there was never any intent to defraud the government -- but you also know that the IRS has a lot of power. You want this to go as smoothly...
You do have tax resolution options: The Offer in Compromise
Since its inception, our blog has dedicated considerable time to discussing the many tools or "enforcement options" the Internal Revenue Service has at its disposal. As disconcerting as this type of information can be to learn, the purpose hasn't been to cause...
Why you don’t have to feel powerless against tax authorities
If you were to find a random letter from the Internal Revenue Service or Comptroller of Maryland in your mailbox, chances are good that you would experience a tremendous sinking sensation. Indeed, you'd probably be reluctant to open this unanticipated correspondence,...
Tax obligations and vacation property
It may come as an unwelcome surprise to learn that we're already approaching the midpoint of summer. While this is never really a welcome reality -- especially for those of us who live in areas with long winters -- the good news is that there is still plenty of time...
Why are Baltimore County residents being told to disregard property tax bills?
While there is perhaps no better feeling than owning your home or the structure in which you conduct your business, this possession of real property comes with a host of real responsibilities. Indeed, not only is it your responsibility to make repairs and secure...
Just how reliable is IRS.gov?
For years, the first stop for taxpayers and tax professionals with any sort of tax-related question was the Internal Revenue Service's phone line, which has always been staffed by agency employees during regular business hours Monday through Friday. However, as wait...
A closer look at the enforcement options Maryland uses to collect tax debt – III
In a series of ongoing posts, our blog has been examining how it's not just the Internal Revenue Service that has a host of collection options at its disposal, but also the Comptroller of Maryland. To that end, we've been exploring just how deep the agency's toolbox...