» Collection Matters

Can I Pay Installments on Federal Income Taxes I Owe If I Can't Afford to Pay it All at Once?

Despite the IRS being slammed right now due to COVID-19, millions of Americans still owe money to the IRS in back taxes for previous years and they’ll increasingly find themselves unable to pay up all at once. In this article, we walk you through I… Read More
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How to Stop an IRS Tax Levy

Of all the creditors or companies you might owe money to, the Internal Revenue Service can be the least forgiving about debt. If you don’t pay your taxes, the IRS will levy and take possession of your property, including cash accounts, wages, a… Read More
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Categories: Collection Matters

How Can I Pay My Federal Taxes with Installments or Monthly Payments?

Every year, there are millions of taxpayers who find themselves unable to pay their taxes in full to the IRS. The IRS knows there will be some taxpayers coming up short. The good news is the federal government is happy to work with you. The bad news… Read More
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Categories: Collection Matters

3 Tax Resolution Strategies the IRS Offers

Taxes are a fact of life, but tax problems shouldn’t be. If you find yourself in tax trouble, the IRS has clear plans for how to proceed in collecting what they believe you owe. After sending you notices, the IRS can garnish your wages, levy your b… Read More
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Tax Resolution and Your Finances: What is an Offer in Compromise?

Owing money to the IRS can be frightening to say the least. It is easy to feel helpless in such a situation, but you should not let fear and feelings of helplessness freeze you into inaction. Every day you wait is one more day interest and penalties… Read More
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Categories: Collection Matters

Why This Should Be The Year You Pay Off Back Taxes

According to the IRS, more than 13.2 million Americans owe back taxes. The majority of these cases involve amounts that seem impossible to pay off. That leaves those tax-owing Americans in a difficult position. They want to pay, but they can’t,… Read More
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Categories: Collection Matters

What is Currently Not Collectible Status from the IRS?

Big companies are known for getting all sorts of breaks, but when average people fall behind, they rarely receive help. When you owe back taxes, but can’t afford to pay them, then you may qualify for a special tax status known as currently not coll… Read More
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Meet Jim Liang

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Jim has over 20 years of experience as a CPA in Maryland, completing state and federal taxes for individuals, families, and businesses. He also has over a decade of legal experience representing clients in audits, collections, and disputes with the IRS and Comptroller of Maryland.

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