Blog & Articles
POLARIS TAX & ACCOUNTING
Understanding IRS Levies & Bank Seizures (North Carolina Edition)
When the IRS can’t collect unpaid taxes through normal methods, they may initiate harsh actions—including levies and bank seizures. These steps are serious, but they are also preventable with the right help. At Polaris Tax
Understanding IRS Levies & Bank Seizures (Florida Edition)
When the IRS can’t collect unpaid taxes through normal channels, they may resort to more aggressive action—including seizing your assets. This is known as a levy—and it’s one of the most serious enforcement tools the
What to Do If You Receive an IRS Notice (North Carolina Edition)
Getting a letter from the IRS can be overwhelming—but ignoring it will only make things worse. Whether it’s a balance due or a proposed change to your tax return, timely action is key. Polaris Tax
What to Do If You Receive an IRS Notice (Florida Edition)
Getting a letter from the IRS can be unsettling. Whether it's about unpaid taxes, unfiled returns, or a proposed adjustment, it’s crucial to act quickly and correctly. At Polaris Tax & Accounting in Plantation, FL,
How to Stop IRS Wage Garnishment in North Carolina
Receiving notice that the IRS is garnishing your wages? It’s a serious situation—but one you can resolve. With quick action and the right strategy, you can stop the garnishment and take back control of your
How to Stop IRS Wage Garnishment in Florida
If you've received an IRS notice warning of wage garnishment—or your paycheck has already been hit—take a deep breath. You still have options, but time is critical. At Polaris Tax & Accounting, based in Plantation,
How to File Back Tax Returns in Florida (Even If You’re Years Behind)
If you’ve fallen behind on filing tax returns in Florida, you’re not alone—and you’re not out of options. The IRS aggressively pursues unfiled returns, and if you own a business in Florida, the Department of
How to File Back Tax Returns in North Carolina (Even If You’re Years Behind)
If you’ve missed filing tax returns—whether federal or North Carolina state—you’re not alone. The IRS and North Carolina Department of Revenue (NCDOR) both pursue non-filers aggressively, but the sooner you address it, the more control
Plantation FL LT11 Notice Help: What You Need to Know
Understanding the LT11 Notice An LT11 (also called “Letter 1058”) is the IRS’s final warning before seizing your assets. In Plantation, FL—where many residents rely on Social Security, part‐time seasonal work, or out‐of‐state rental income—receiving
Huntersville NC LT11 Notice Help: What You Need to Know
Understanding the LT11 Notice An LT11 (also called “Letter 1058”) is the IRS’s final warning before seizing your assets. If you live or do business in Huntersville and have received an LT11, it means the
Plantation FL CP504 Notice Help: What You Need to Know
If you live or do business in Plantation, FL and have received a CP504 Notice of Intent to Levy, the IRS is preparing to seize your bank accounts, wages, or other assets. That can be
Charlotte NC CP504 Notice Help: What You Need to Know
If you live or do business in Charlotte, NC and have received a CP504 Notice of Intent to Levy, it means the IRS is preparing to seize bank accounts, wages, or other assets. That can
Sunrise FL Scam Loss Deductibility: How to Claim Investment Scams on Your 2025 Tax Return
In 2024, Florida ranked among the top states for phishing and investment scams. If you lost money in a “pig butchering” crypto scheme or had funds drained from your IRA, you may qualify for a
Huntersville NC Partnership Election Strategies: Avoiding Unwanted Partnership Status
Many Huntersville, NC entrepreneurs form informal joint ventures—especially in real estate and startups—without realizing the IRS may treat those arrangements as partnerships. By default, that triggers a requirement to file Form 1065, issue Schedule K-1s,
Plantation FL Digital Receipt Management: Using Xero Touch to Simplify Bookkeeping
Keeping physical receipts for every expense can quickly become unwieldy—especially for Plantation, FL business owners who need audit-ready documentation. Enter Xero Touch, the mobile companion to Xero’s cloud accounting platform. In this post, we’ll explore