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Powell Tax Law Blog

Man with back turned watching a recession begin

You Don’t Have to be The Boss to Prepare for a Recession: Actions Employees Should Take

The odds of a recession in the U.S. economy in 2023 are not inevitable, but the likelihood of a widespread, prolonged downturn has grown this year from a whisper to a loud chorus.

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IRS Plan to Hire New Agents and What That Means for Taxpayers

People waiting  in an office to be interviewed
News that the Internal Revenue Service (IRS) plans to hire some 87,000 new employees over the next decade has some taxpayers guessing if tha...
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Wage Garnishment: IRS Can Levy Your Paycheck to Satisfy Your Tax Debt

Wage Garnishment
Paychecks these days seem to not go as far in the current environment of rising inflation, so imagine the heartache if a portion of those ha...
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Does the IRS Offer Installment Plans, and How Do I Get One?

Person preparing to pay taxes
It can be a helpless feeling when you get notice that you owe the Internal Revenue Service (IRS) any sum of money, but it can be especially ...
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