What Is Imputed Income? Meaning And Examples

January 3, 2025
Eric PemperFounder, CuraDebt · Est. 2001BBB A+ Rated · BBB Accredited · ACDR Member · 1,600+ Five-Star Client Reviews Last updated: July 5, 2026 What Is Imputed Income? Meaning And Examples Imputed income is the taxable value of a non-cash benefit from your employer, such as personal use of a company car, group-term life insurance…

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Can The IRS Seize A Financed Car? What You Need To Know

December 13, 2024
Eric Pemper Founder, CuraDebt · Est. 2001 BBB A+ Rated · BBB Accredited · ACDR Member · 1,600+ Five-Star Client Reviews Last updated: June 25, 2026 Can The IRS Seize Joint Bank Accounts? What You Need To Know Yes, the IRS can levy a joint bank account even if only one of the account holders…

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$21,087 Tax Debt Resolved With Streamlined Installment Agreement 

December 11, 2024
SITUATION: A client was facing significant issues with the IRS due to a defaulted installment agreement. The client owed $21,087 for multiple tax years and was at risk of impending collection actions. The situation required immediate intervention to prevent further collection activity and to find a manageable solution. INVESTIGATION PHASE: Upon receiving the case, our…

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$21,000 Tax Debt Resolved With Streamlined Installment Agreement And Penalty Abatement

December 11, 2024
SITUATION: A taxpayer approached us with a manageable IRS tax debt of $21,000. They were proactive about resolving their debt and sought an affordable monthly payment plan. There was no significant hardship in this case; the taxpayer simply wanted to find a reasonable solution to pay off the debt without incurring additional penalties or financial…

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$397,610 IRS Tax Debt Placed In Currently Not Collectible Status

December 11, 2024
SITUATION: An elderly individual, facing severe illness, approached us with an overwhelming IRS tax debt of $397,610. They were under aggressive collection actions, with the IRS threatening to levy their bank accounts and other assets. Due to limited income and deteriorating health, they had no feasible way to repay the deb

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