Among the many concerns taxpayers face, the possibility of losing a car due to unpaid taxes is one of the most alarming. The IRS has the legal authority to seize assets—including vehicles—to satisfy tax debts. If you’re worried about your car being at risk, understanding how the IRS operates and the steps you can take […]
Are you familiar with that sinking feeling when tax season approaches, and you find yourself unprepared financially? Many individuals face the stress of tax debts, penalties, or unexpected liabilities, wondering how they can regain control of their finances. If you’ve ever found yourself in this situation, you are not alone. The good news is that […]
Purchasing a home is one of life’s most significant milestones. But if you owe back taxes, you might wonder if homeownership is even possible. The short answer? Yes, you can buy a house if you owe taxes, but the process requires careful planning and understanding of your financial obligations. At Precision Tax Relief, we specialize […]
Why am I getting a letter from the IRS in 2025? Every year, the IRS sends millions of letters to taxpayers across the country. These letters can cover a wide range of topics, from tax refunds and payment reminders to audits and requests for additional information. However, receiving a certified letter from the IRS is […]
Are you wondering how much you owe the IRS? Unpaid taxes can quickly spiral into a stressful situation, but you don’t have to face it alone. Understanding your tax liability is the first step to taking control of your finances, and our tax relief services are here to help you navigate this process with ease. […]
Receiving a letter from the IRS can be stressful, especially if it’s about an outstanding tax balance. One such letter is IRS Notice CP71C, which serves as an annual reminder of your unpaid taxes. While it might not be a cause for immediate panic, understanding this notice and taking the appropriate steps is essential. As […]
Tax debt can be a significant financial burden, and many people wonder if it also impacts their credit score. While tax debt and credit scores aren’t directly connected in most cases, unresolved tax issues can have ripple effects that may harm your financial stability. As a tax relief company, we’re here to explain how tax […]
Owing the IRS more than $50,000 can lead to significant financial challenges, but understanding the potential consequences and available solutions can help you negotiate the situation effectively. The Growing Cost of Unpaid Tax Debt Unpaid tax debt accrues interest and penalties, causing the amount owed to increase quickly. That’s why the longer you wait to […]
Unpaid tax debts or unfiled tax returns can quickly turn into a nightmare. And you may face more penalties, interest, wage garnishments, or bank levies. To resolve your crisis, you should take action as soon as possible. Otherwise, your options will diminish with each passing day. What are you planning to do? Hire a tax […]
You are unsure about how you can resolve your tax issues. And this uncertainty causes you a lot of stress because any second you may face additional penalties and interest. We understand your situation and can help you. Precision Tax Relief (PTR) guided thousands of similar cases through the process of managing tax debts, providing […]

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