Unpaid Florida Sales Tax: Discover Solutions for Frozen Accounts When a taxpayer has unfiled returns or unpaid Florida sales tax, the Florida Department of Revenue has the authority to freeze their bank accounts to collect the owed amount. This process begins with a notice sent to banks, freezing funds across all accounts linked to the taxpayer’s […]
Overcoming IRS Hardship: Your Guide to Financial Resilience!
IRS hardship status is a way for individuals experiencing financial difficulties to seek relief from certain tax obligations. To qualify, you must provide sufficient evidence of your financial situation, such as income and expense details. This information helps the IRS assess whether you are unable to pay your taxes in full without causing undue hardship. Additionally, you may need to demonstrate that you have explored other options, like installment agreements or offers in compromise, before requesting hardship status. The IRS carefully reviews each case on an individual basis to determine eligibility, aiming to provide assistance to those in genuine need.