How Can I Pay My Federal Taxes With Installments or Monthly Payments? Every year, there are millions of taxpayers who find themselves unable to pay their taxes in full to the IRS. The IRS knows there will be some taxpayers coming up short. The good news is the federal government is happy to work with […]
Taxes are a fact of life, but tax problems shouldn’t be. If you find yourself in tax trouble, the IRS has clear plans for how to proceed in collecting what they believe you owe. After sending you notices, the IRS can garnish your wages, levy your bank account, even put a lien on your property. […]
Running your own business means wearing a lot of hats, from office cleaner and supplies buyer to client schmoozer and payroll maker. But should you add tax preparer to your already long list of duties? What if you have a tax problem with the IRS? What if doing your own taxes creates a tax problem? […]
If you owe money to the IRS, it might sound like common sense to try to tackle your tax problem on your own. However, one of the worst things you could do is talk to the IRS directly without proper representation. As an expert Tax Resolution Firm, we encourage all readers facing a tax problem […]
Debt forgiveness is sometimes the only chance people have. It can be a wise decision in some circumstances, but before you agree to those terms, there are some things you should know. Why Do People Settle Debt in the St. Paul Area? There are times when you’re able to settle directly with the creditor concerning […]
#1 Intuit faces new lawsuit alleging it duped low-income taxpayers to pay for free tax prep https://www.cbsnews.com/news/intuit-lawsuit-turbotax-maker-faces-new-suit-for-allegedly-deceiving-low-income-taxpayers-to-pay-for-free-tax-prep/ #2 Here’s who is saving the most money from Trump’s tax cuts https://www.cnbc.com/2019/09/23/who-is-saving-the-most-money-from-trumps-tax-cuts.html #3 IRS Releases Updated Version Of Tax Form Just For Seniors https://www.forbes.com/sites/kellyphillipserb/2019/09/24/irs-releases-updated-version-of-tax-form-just-for-seniors/#8ae17932e524 #4 Jeff Bezos would pay $9 billion a year in wealth taxes […]
Big companies are known for getting all sorts of breaks, but when average people fall behind, they rarely receive help. When you owe back taxes, but can’t afford to pay them, then you may qualify for a special tax status known as currently not collectible. If you’re approved for currently not collectible status, then the […]
(They Could Land You In Tax Trouble) It can be a stressful experience preparing your taxes and filing them. It can be even more stressful however, if you make these mistakes that land you into tax trouble. It’s important to remember that if you make mistakes that are serious enough, you might end up triggering […]