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Powell Tax Law Blog

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IRS Wage Garnishment: How to Stop It and Protect Your Paycheck

For many, paychecks seem stretched thin, especially with rising inflation. Now, imagine losing part of that paycheck because the IRS has decided to garnish your wages due to unpaid tax debt. It’s a harsh reality for some, but there are ways...

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Understanding the Tax Brackets for 2024: What You Need to Know

Tax brackets
The Internal Revenue Service (IRS) released its annual inflation adjustments for tax year 2025 on Oct. 22 and it’s the tax brackets are bein...
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Maximizing End-of-the-Year Tax Credits: What You Shouldn't Overlook

tax credits
As the year draws to a close, savvy taxpayers know it's time to start thinking about maximizing their tax credits. These valuable tools can ...
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Understanding Tax Penalties and How to Avoid Them

Worried couple doing their accounts in the living room at home
Tax penalties are a common and significant issue for many taxpayers in the United States. The Internal Revenue Service (IRS) assesses millio...
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