kevin rego's (kevinrego) Blog

The IRS is expanding its endeavors into the artificial intelligence universe by using "voice bots" as an option to answer taxpayers' questions when calling the IRS.Let's be honest, the IRS could probably use the robotic help since a recent Taxpayer Advocate survey found that the IRS answers only ...

Wouldn't it be nice if it was that simple?You get into a little tax trouble because you failed to make quarterly payments on your business income, you had an unexpected bonus at year's end,  or a serious medical issue arose with you or your family causing a disruption in your income---These are a...

WRONG!!Many clients believe that their social security retirement income is "sacred" and untouchable by the IRS to satisfy outstanding tax debts.  In fact, the Federal Payment Levy Program (FPLP) can, and often does, levy 15% of taxpayers' Old Age and Survivor's Benefits as part of their automati...

Many real estate professionals are familiar with the Notice of Federal Tax Lien (NFTL) that sometimes shows up during a title search subsequent to a sale or refinance of real property.  But did you know there was such a thing as a "silent" tax lien?Internal Revenue Code 6332 is the authority of t...