If you haven’t filed your back taxes, the IRS can file a substitute return or SFR on your behalf. For many people, this comes in the form of an unpleasant surprise because a tax return substitute doesn’t take deductions into account. With 900,000 Americans neglecting to file their taxes every year, the IRS has a […]

Many people look forward to their tax return refund because it can act as a booster to the regular income. However, the IRS doesn’t always return this to you, and you may not receive your money if you’ve neglected certain types of debt or have under-reported your income. Let’s examine the reasons why you might […]

After the initial fear subsides, a letter from the IRS usually puts one question in your mind: how long will it take to resolve this tax issue? Nobody wants to deal with the IRS, but by organizing your paperwork and responding in a timely fashion, you’ll see that most cases can be closed fairly quickly. […]

The majority of Americans don’t pay the correct amount of tax throughout the year, so you are not alone if you owe back taxes. While this issue is common, it can cause significant financial stress, especially if you find out that your partner has actually committed tax fraud and you didn’t know about it. Fortunately, […]

Whether you own a small business, have recently experienced a big life event, or are simply behind on filing your taxes, it may be time to contact a tax consultant. Many people avoid speaking to a professional if they are already struggling to pay their tax, but this is often counter-productive, as a consultant can […]

Every year, millions of Americans struggle to pay their taxes, and the problem has only become more pronounced since the pandemic. Luckily, there is a variety of tax debt relief options to choose from, designed to help people in various situations. Although some of them can take months or even a year to work, others […]