Tuesday, February 7th, 2012

Nothing in this world is certain but death and taxes – and nothing can strike fear into the average person’s heart like a federal tax lien notice! A federal tax lien is a tool the IRS uses to collect outstanding tax debt. A federal tax lien gives the IRS claim to your property; after some [...]

Art was experiencing cash flow problems in his business. He believed in his heart that things would turn around and that his problem was only temporary. Unfortunately, his cash flow problems only got worse. His business just wasn’t making it. To alleviate this “temporary” cash flow problem, Art started borrowing from the IRS bank (ie. [...]