It’s natural to feel panic, confusion, or even paralysis when the IRS comes knocking. Tax problems are serious, and the IRS is the world’s most powerful and well-financed collection agency. Facing the IRS as an individual can be intimidating, but if you get help and start dealing with the problem right away, the IRS will […]

When it comes to tax debt forgiveness, the term can be a bit misleading. The term suggests the IRS is more than willing to forget that you owe them back taxes and let you move on with your life. This isn’t something that happens often, so understanding exactly what is going on with your tax debt […]

Knowing you owe the IRS money can be stressful. It’s even more concerning if you owe more than you can pay. If this happens to you, you might be tempted to ignore the problem. However, this won’t make the problem go away, and it could wind up costing you even more. Instead, you should look into […]

It happens every year: someone forgets to file their taxes by the April 15th deadline. There are many reasons that this might happen, including not getting all of your tax information on time, believing that you don’t have to file, or just completely forgetting about it. No matter the reason, there are penalties for filing […]

In the U.S., April 15th is a day that everyone knows, and may even dread. It’s the day that taxes are due. Even though this date stays the same year after year, some people find that they aren’t ready to file on time. There are many reasons you might ask: can you file taxes late? […]

If you find that you owe the IRS money, this can be an incredibly stressful and aggravating situation. You have many options for how to handle the issue, including looking for tax settlement. While a tax settlement can be a way out of your predicament, there are some things you should definitely NOT do. The […]