Buying a home is massive financial and personal decision. It’s nearly impossible to keep emotions out of the equation—the hope and anticipation when waiting to see if the sellers will accept your offer, and the anxiety during inspection and closing. 

But no matter how many fingers you’ve crossed, there’s always a chance that something will pop up and slow or halt the closing process. The inspection may find something big, or the parties involved may disagree on subsequent negotiations, or the mortgage company may decide not to lend sufficient funds. 

Another big potential dealbreaker is finding a property lien on the home. This can easily stop a deal dead in its tracks. However, if you’re not willing to give up on your dream home, and you’re committed to resolving the lien, you have options. For tax liens, you may need the help of a tax professional, and one option is to hire a tax attorney, who will have more in-depth knowledge and skills for resolving property tax liens. 

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Not many small business owners or entrepreneurs particularly enjoy the accounting aspect of their business. For most people, it’s a tedious but necessary task that must be endured in order to keep doing business.

If you have simple finances and few employees, you may still be handling the books yourself. But at some point, the task may grow beyond what you alone can handle. This points many business owners in an awkward spot—large enough to need some accounting help, but not large enough to require a full-time accountant or financial department.

If you’ve found that accounts receivable or accounts payable are not up to date, or payroll details have been missing, it’s time to seek help with your accounting needs. This means asking a basic question about which accounting services are best for your small business. If you are concerned about IRS tax audits, or find yourself in need of an internal financial statement audit to reconcile some mismatching numbers, you might seek out an accounting firm with tax law experience.

Check out 10 Bookkeeping Tips for Small Businesses to make sure you haven’t missed any best practices for your accounting functions. It will help you ask better questions when choosing an accounting and auditing service.

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If you have unpaid taxes, you probably already know that the state of Maryland may add fees and interest to your debt. But if you couldn’t afford to pay the tax liability in the first place, you might be tempted to shrug your shoulders and say, “Oh well.”

This is why the Comptroller of Maryland may use another technique to persuade you to pay back your debt. The state can withhold your driver’s license or vehicle registration until you address your unpaid debt. Many people rely on vehicles for transportation for work or school, so losing their driver’s license can have a devastating impact.

Businesses can also feel this impact, since unpaid debt may interfere with vehicle registration renewal for any vehicles owned by the business. This can be caused by unpaid unemployment insurance contributions, unpaid business taxes, and more.

If you’ve received notice that the state has placed a hold on your driver’s license or registration, you should call a tax attorney like S.H. Block Tax Services to find out what your options are. Our firm has experience with resolving tax debt and can help you get back on the road.

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