Blog & Articles
POLARIS TAX & ACCOUNTING
What to Do If You Can’t Pay the IRS or NCDOR in Lake Norman, NC
Quick Answer:If you can’t pay your IRS or NCDOR tax debt in full, don’t ignore it — you have options. You may qualify for a payment plan, an Offer in Compromise, or a temporary hardship
IRS and NCDOR Tax Liens in Lake Norman, NC – How to Remove or Avoid Them
Quick Answer:An IRS or NCDOR tax lien is a legal claim against your property when you owe back taxes. It can harm your credit, block property sales, and make it harder to get loans. To
How to Respond to an IRS CP2000 or NCDOR Mismatch Notice in Lake Norman, NC
Quick Answer:An IRS CP2000 or NCDOR mismatch notice means the income or deductions reported on your tax return don’t match what the IRS or NCDOR has from third-party sources (W-2s, 1099s, etc.). This is not
Can the IRS or NCDOR Garnish Your Wages in Lake Norman, NC?
Quick Answer:Yes. Both the IRS and the North Carolina Department of Revenue (NCDOR) can garnish your wages if you owe back taxes and haven’t made payment arrangements. In Lake Norman, NC, garnishment can take a
How to File Back Taxes in Lake Norman, NC – Even If It’s Been Years
Quick Answer:If you haven’t filed taxes in years, the fastest way to get compliant in Lake Norman, NC is to gather all your tax documents, request missing records from the IRS and NCDOR, prepare accurate
How to Request IRS Penalty Abatement in Huntersville, NC
Quick Answer:IRS penalty abatement is a process where the IRS agrees to remove or reduce penalties if you meet certain criteria — such as having a clean compliance history, reasonable cause for the issue, or
IRS Tax Audits in Huntersville, NC – What Triggers Them and How to Prepare
Quick Answer:An IRS audit is a review of your tax return to verify accuracy. In Huntersville, NC, the most common triggers include mismatched income reports, excessive deductions, unfiled returns, or random selection. If you receive
What to Do If You Can’t Pay the IRS in Huntersville, NC
Quick Answer:If you can’t pay your IRS tax bill in Huntersville, NC, act fast to avoid penalties and collection actions. Contact the IRS or a licensed tax professional to explore options such as an installment
How to Remove an IRS Tax Lien in Huntersville, NC
Dealing with an IRS tax lien is one of the most stressful financial situations a taxpayer can face. In Huntersville and across North Carolina, a lien means the IRS has officially claimed a legal right
Can the IRS or NCDOR Garnish Your Wages in Huntersville, NC?
If you owe back taxes to the IRS or the North Carolina Department of Revenue (NCDOR), your paycheck could be at risk. Both agencies have the authority to garnish wages, meaning they can legally take
How to File Back Taxes in Huntersville, NC – Even If You Haven’t Filed in Years
Quick Answer: To file back taxes in Huntersville, NC, gather your past W-2s, 1099s, and other income records, request IRS transcripts, prepare and submit each unfiled return, and address any penalties or payment plans with
How to Pay Yourself as a Full-Time Influencer
Ever wondered how influencers actually make money? It’s not just about posting selfies and cashing checks. Today’s content creators operate complex businesses with diverse income streams—from brand sponsorships to affiliate marketing to digital products. Understanding
What Counts as Income for Influencers? (And What the IRS Is Watching)
Influencers must report all income to the IRS, including brand deals, affiliate commissions, free products (if given in exchange for promotion), YouTube ad revenue, and digital product sales. Non-cash compensation is still taxable. Yes, It’s
Why Influencers Shouldn’t Rely on Cash App and Venmo for Business Payments
Influencers should avoid using Venmo and Cash App for business payments due to poor recordkeeping, tax issues, and risk of IRS mismatches. A business bank account with proper invoicing and software like Xero is a
Should You Form an LLC or S-Corp as an Influencer?
If you’re making consistent income as an influencer, forming an LLC gives you legal protection, while electing S-Corp status can help reduce self-employment taxes. Each option has pros and cons—learn which structure fits your goals.