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Powell Tax Law Blog

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Tax Tips for Recent Graduates

For the nearly 3 million young adults who graduate in 2023 with a bachelor’s or associate degree this year, there is plenty of good news as they head into the workforce. “The labor market is strong, unemployment is low and, according to a s...

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Understanding Back Taxes: Causes, Consequences, and Remedies

IRS weight on a man's back
Owing the Internal Revenue Service (IRS) back taxes can be one of the most stressful things in life and can easily provoke the “fight, fligh...
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IRS Lien on Your Home? What Does that Mean and What Do You Need to Do?

Tax liens on your home
There are nearly 10 million taxpayer delinquent accounts in the U.S. and for those who own their own home, the IRS may place a federal tax l...
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How End-of-the-Year Giving Can Help Reduce Your Tax Burden

End of Year Giving
Taxpayers that did not donate to their favorite charities on Giving Tuesday last month still have time for year-end giving that can help red...
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