Blog & Articles2019-10-30T11:05:13+00:00

Blog & Articles

POLARIS TAX & ACCOUNTING

Currently Not Collectible Status (North Carolina Edition)

By |June 7th, 2025|

When IRS debt becomes unmanageable and you simply can’t afford to pay, the IRS may agree to pause all collection efforts under a hardship status called Currently Not Collectible (CNC). For many North Carolina taxpayers,

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Currently Not Collectible Status (Florida Edition)

By |June 7th, 2025|

If you're overwhelmed by IRS debt but genuinely unable to pay, the IRS may temporarily pause all collection efforts through what's called Currently Not Collectible (CNC) status. This status gives struggling taxpayers breathing room while

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IRS Penalty Abatement (North Carolina Edition)

By |June 7th, 2025|

If you owe the IRS, your tax bill may be just the beginning. Penalties for late filing, late payment, or payroll errors can double your balance quickly. Thankfully, there’s a way to reduce or eliminate

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IRS Penalty Abatement (Florida Edition)

By |June 7th, 2025|

f you owe the IRS, your original tax bill might not be the biggest problem—penalties and interest can add up fast. Fortunately, the IRS offers a process called penalty abatement that may reduce or eliminate

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Understanding IRS Levies & Bank Seizures (North Carolina Edition)

By |June 7th, 2025|

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

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Understanding IRS Levies & Bank Seizures (Florida Edition)

By |June 7th, 2025|

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

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What to Do If You Receive an IRS Notice (Florida Edition)

By |June 7th, 2025|

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,

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How to Stop IRS Wage Garnishment in North Carolina

By |June 7th, 2025|

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

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How to Stop IRS Wage Garnishment in Florida

By |June 7th, 2025|

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,

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Plantation FL LT11 Notice Help: What You Need to Know

By |June 4th, 2025|

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

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Huntersville NC LT11 Notice Help: What You Need to Know

By |June 4th, 2025|

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

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Plantation FL CP504 Notice Help: What You Need to Know

By |June 4th, 2025|

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

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