06/04/2026
The IRS, Federal Tax Debt & Facts You Should Know ⠀
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📣Methods used by the IRS to collect a tax debt ⠀
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♦️Filing a notice of federal tax lien. This notice allows the government to establish an interest in your property as a creditor including property you acquire after the lien is filed. A federal tax lien may appear on your credit report and may harm your credit rating. ⠀
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♦️Serving a notice of levy. Levying means that the IRS can confiscate and sell the property to satisfy a tax debt. The IRS can levy your car, boat, or real estate. Other common assets that the IRS can levy include wages, bank accounts, social security benefits, and retirement income. ⠀
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♦️Offsetting a refund to which you are entitled. The IRS will apply future federal tax refunds that you are due, to offset the amount you owe. This could include any state refunds you are owed.⠀
we work closely with self-employed business leaders by helping them take control of their business finances from bookkeeping to income tax reporting.
As a result of what we do, business leaders enjoy the benefits of:
✨️Implementing an efficient accounting system
✨️Identifying tax savings strategies
✨️Improving cash flow management
✨️Reducing taxable income
✨️Surviving a tax audit
If you're a business leader who's been in business for two years or longer and you're ready to take control of your business finances, schedule your no obligation consultation call today at
(702) 747-9128 📞📞
LINK ➡️ https://linktr.ee/cacfinancialservices