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Powell Tax Law Blog

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How to Settle Your IRS Tax Debt with an Offer in Compromise

If you're struggling with tax debt, the idea of paying a fraction of what you owe may sound too good to be true. But for some taxpayers, an Internal Revenue Service (IRS) program called an Offer in Compromise (OIC) can make that possibility...

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Understanding IRS Tax Levies: What You Need to Know

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When it comes to unpaid taxes, the Internal Revenue Service (IRS) has several tools at its disposal to collect what's owed. One of the most ...
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IRS Wage Garnishment: How to Stop It and Protect Your Paycheck

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For many, paychecks seem stretched thin, especially with rising inflation. Now, imagine losing part of that paycheck because the IRS has dec...
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Understanding Tax Penalties and How to Avoid Them

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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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