Posts

Close-up of a person’s hand holding car keys with a blurred silver car in the background, symbolizing buying, selling, or renting a vehicle

Need to Release a Tax-Related License Hold? S.H. Block Tax Services Can Help

/in /by

You may depend on your state-issued driver’s license and permits to commute to work and support your family. Losing that ability is more than just an inconvenience. It can harm your ability to earn, maintain independence, and live your fullest life. 

Sometimes, the state may place a driver’s license hold—or holds on other important allowances such as professional or business permits—because of unpaid taxes or unfiled returns. It can feel overwhelming, but there’s a clear path to getting your license back in your wallet. 

That’s where S.H. Block Tax Services comes in. We help people resolve their tax issues quickly and compassionately. If you need help now, don’t hesitate to call our Baltimore tax office at (410) 872-8376 or fill out our online contact form to schedule a consultation. 

Read more

Tax Season

Tax Season Is Right Around the Corner — Start Preparing Today! 

/in /by

Tax season is back, and for most people, it comes with plenty of anxiety and frustration. But tax time doesn’t have to be this way. There are some simple actions you can take to streamline the process and get ahead of the game.

Now is the time to begin preparing for tax season, and if you follow the tips in this article, this could be the year you start making sound financial decisions that will pay major dividends for you and your family. Read more

Currently Not Collectible

Are You Eligible for Currently Not Collectible (CNC) Status?

/in /by

If you owe the IRS or State of Maryland back taxes but are unable to pay them because of other financial obligations, you might be eligible for Currently Not Collectible (CNC) status. CNC status is a special designation which gives taxpayers a temporary hold on collections, during which time they are “protected” from collection efforts.

Keep reading to learn more about Currently Not Collectible status, your potential eligibility for the program, and how to request CNC status. Read more

Do taxes go away after 10 years?

Do taxes go away after 10 years?

/in /by

taxes-go-away

The collection statute expiration date (CSED), or the COSED are the time limits the IRS has to collect on your debt. Yes, Federal taxes do expire but Maryland State taxes do not. Federal taxes expire after a ten-year period from last assessment. Meaning that back taxes from 2006 and the IRS’s ability to collect on those taxes does not necessarily expire in 2016. Also, there are certain actions or events that may cause the statute of limitations to stop, hold, or extend. Read more