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How Identity Theft Can Affect Your Taxes

July 15, 2021

Identity theft is a large and growing problem in America, with millions of Americans every year falling victim to this crime. Normally, the victim finds that their card details have been stolen, or a line of credit opened in their name, but sometimes your taxes can be affected as well. If you’re worried this might […]

What is a Substitute Return and Why is it Bad?

June 15, 2021

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 […]

Why Didn’t I Get My Refund I was Owed?

June 1, 2021

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 […]

How Long Does It Take to Typically Resolve a Tax Issue?

May 15, 2021

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. […]

What Is Innocent Spouse Relief and Who Qualifies?

May 9, 2021

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, […]