Tax FAQs: Can You Go to Jail for Back Taxes?

July 1, 2020

If you’ve received a letter from the IRS stating that you owe back taxes, and fear is rattling your spine, don’t worry. Naturally, the first question many people ask is “Can you go to jail for back taxes?” We’re going to put your fears at ease and show you actual tax code so you can […]

Tax FAQs: What is Tax Debt?

June 15, 2020

Although the tax filing deadline has been extended due to the ongoing pandemic in the United States, you’ll still be expected to have your affairs in order by July 15th of this year. Otherwise, you could find yourself dealing with tax debt. So, what is tax debt, and how can you avoid it? And what […]

Tax FAQs: When Can You Use IRS One Time Forgiveness?

May 15, 2020

If you feel you have been blindsided by a penalty from the IRS and you are unable to pay based on circumstances beyond your control, you may qualify for IRS one-time forgiveness. Despite the agency’s reputation, the IRS often works with taxpayers in disadvantageous circumstances to alleviate undue tax burdens. There are three primary types […]

8 Reasons to Take Advantage of Tax Debt Relief

May 1, 2020

The Internal Revenue Service: no one looks forward to hearing from the agency, especially when they owe the IRS money. If that’s you, then there are a few reasons why you should seek tax debt relief. When Should I Consider Help? Simply put, when you owe the IRS money and can’t afford to make a […]

Tax FAQs: How Many Years Can You File Back Taxes?

April 15, 2020

Surprisingly often, people do not file their tax returns because they know they cannot afford to pay their tax liability. This mostly applies to independent contractors and people who sell investments for significant short-term capital gains. However, those with long-term capital gains and W-2 jobs also get behind. Today, we answer how many years can […]

Tax FAQs: How Many Years Can You File Back Taxes?

April 15, 2020

Surprisingly often, people do not file their tax returns because they know they cannot afford to pay their tax liability. This mostly applies to independent contractors and people who sell investments for significant short-term capital gains. However, those with long-term capital gains and W-2 jobs also get behind. Today, we answer how many years can […]