What’s the Best Way to Avoid an IRS Tax Audit?

March 1, 2022

No one wants to get audited by the IRS, but unfortunately, it happens to some people every year. There are a few things you can do to reduce your chances of being audited. We’ll discuss the essential tips for avoiding an IRS tax audit. If you follow these tips and seek advice from reputable tax […]

Who Qualifies for IRS Tax Debt Forgiveness?

February 15, 2022

Owing the IRS money is a stressful thing. If you are in debt with the IRS, then you might be wondering if you qualify for tax debt forgiveness. Here are a few factors to consider, as well as how a tax settlement company might be able to help you. Dealing with taxes is never fun, […]

Does Bankruptcy Clear Tax Debt?

February 1, 2022

The stress inherent in accumulated debt can be overwhelming. Matters frequently snowball beyond one’s control. Often, repaying monies owed while still meeting basic living expenses is impossible. In such cases, filing for bankruptcy can appear to be the only way out. Yet, while a Chapter 7 filing can deter private debt collectors, the Internal Revenue […]

How Far Back Can You Get a Refund for Back Taxes?

January 15, 2022

People who owe tax must always file their returns on time or they risk severe penalties. However, you should complete and submit your return even if you don’t think you owe anything because you might receive a refund from the IRS. If you fail to file for a prolonged period of time, you could lose […]

Need Tax Relief Help? Contact Experienced Tax Consultants Today

January 1, 2022

Failing to pay your taxes brings serious consequences because the IRS has significant collection power. They can not only access your savings account but also your home, mode of transport, and even your wages. For this reason, it’s best to speak to tax consultants as soon as possible if you don’t have the means to […]

How Does Debt Settlement Affect Your Credit Score?

December 15, 2021

If you owe the IRS money and aren’t sure how you will pay your debt, you may worry about how this affects your future. The financial hardship you face could be made worse if your credit score lowers and you are no longer eligible for great interest rates on other products. But does tax debt […]