The IRS filed 196,996 Notices of Federal Tax Lien in fiscal year 2024, up from 179,019 the year before. That number is climbing as pre-pandemic deferred balances cycle through the collection system. If you’re reading this, you probably have one attached to your...
The IRS audits roughly 0.4% of individual returns each year, but taxpayers who handle their own audits lose an average of 30% more in denied deductions than those who hire professional representation. That gap isn’t about having better records. It’s about...
The IRS collected over $104 billion in unpaid taxes in fiscal year 2024 alone, and the agency’s enforcement budget has grown every year since 2022. If you owe back taxes, the IRS isn’t going to forget about you. But here’s what most taxpayers...
In 2024, the IRS received 33,591 Offer in Compromise applications and accepted 7,199 of them. That’s a 21% approval rate, down from 42% just one year earlier. Most rejections don’t come from complicated financial situations or unusual tax problems. They...
On April 15, 2026, $1.2 billion in tax refunds expired. Over 1.3 million Americans who never filed their 2022 returns lost that money permanently, and the IRS transferred every unclaimed dollar to the U.S. Treasury. The median refund was $686, but that number is...
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