Tax Law

If your business owes money to the Internal Revenue Service (IRS), bankruptcy may seem like a way to eliminate that debt and keep the company operating. Some business owners assume bankruptcy automatically erases IRS debt, while others believe tax debt can never go...

Many individuals breathe a sigh of relief after submitting their tax return to the Internal Revenue Service (IRS) on April 15th, or the next business day if the 15th falls on a weekend. Taxpayers are often eager to move on and forget about their financial obligations...

When you face criminal tax allegations in Texas, conversations about resolving the matter often start early, sometimes even before trial preparations begin. A plea deal sits at the center of that process. It reflects an agreement between you and the prosecution that...

Your chances of an IRS audit depend largely on what is in your tax return. In 2024, the agency audited over 500,000 returns. Because it lacks the resources to audit every filing, the IRS focuses on returns with specific warning signs. The common thread? Many taxpayers...

Facing a wage garnishment can feel like your paycheck is slipping through your fingers. You may notice less money arriving each week while bills keep piling up. This situation can affect your daily life and make managing your finances harder. Learning what actions may...

You could face asset seizures in Texas if the Internal Revenue Service (IRS) investigates you, but the process often depends on whether your case is civil, where you owe money or criminal, where authorities suspect illegal activity. Liens and levies generally help the...

Facing an IRS audit can be stressful, especially if there’s a suggestion of tax fraud. While an audit does not automatically lead to criminal charges, it may help to understand your options and take careful steps to protect your interests. Review the audit notice When...

When the IRS freezes your bank account, your money becomes untouchable overnight — bills bounce, payments stall and panic sets in as you realize you’ve lost access to your own funds. The freeze isn’t permanent, but it demands quick, informed action if you want to...

Some people claim that the Internal Revenue Service (IRS) is one of the largest collection agencies in the world. That comparison exists because the IRS reconciles estimated tax payments with an annual tax return and may then pursue collection activity against...

Employers have several important income tax obligations to fulfill. Not only do organizations need to pay taxes based on company revenue, but they also need to make appropriate tax contributions for their employees. Those tax contributions add to the costs related to...