In a webinar hosted by Tax Guard earlier this year, experts Rachel Libowitz, Senior Tax Advisor, and Jessica Bramlett, former Director of Customer Success, provided in-depth analysis and guidance on the complexities surrounding IRS collections and tax liabilities, and how they impact lenders and businesses.

There are several terms which frequently come up in our conversations with commercial lenders who need to understand the implications of IRS rules. Here is our list of the most …