Almost everyone makes tax mistakes at some point in life. Some errors, like failing to use tax breaks or tax-advantaged accounts, simply reduce your wealth, but others, like failing to file your return, can be detrimental to your future. In the worst-case scenario, you could lose your home and assets. For this reason, contacting a...

Hiring a local tax resolution specialist is almost always better than choosing someone who lives far away because you can meet your professional in person, and they know about all the resources available in your local area. If you’re looking for New Orleans tax resolution, Mandeville tax resolution, Lafayette tax resolution, or Louisiana tax resolution,...

Every year tax season rolls around, and every year it is a source of stress for millions of Americans of all walks of life. Getting the professional help that a tax consultant offers can help make this process smooth and stress-free. Read on and we’ll explain some of the benefits you can get by hiring...

Over 11 million Americans currently owe back taxes, so if you’re struggling to pay your bill, you’re not alone. To help you resolve your situation, you can hire tax resolution services. A highly qualified advisor can let you know which IRS forgiveness program is right for you. This is extremely important since reaching an agreement with the government can prevent you from losing your home, savings, and income to the IRS.

Millions of Americans are finding it difficult to pay their tax bills on time, and with the cost of living crisis, the issue is likely to get worse in the future. So, what can you do if you aren’t able to pay your taxes by the time they are due? The IRS offers several tax debt relief options to people who are running late. Depending on your situation, you might be able to delay payments or reduce the amount you owe.

With many businesses and individuals suffering from the economic impact of the coronavirus and high inflation, it’s no wonder that millions of Americans currently struggle with tax debt. If you believe that it will be difficult for you to pay your taxes, you may be eligible for one of the IRS tax relief programs. Within several weeks or months, your bill could be reduced or spread out, which provides you with some much-needed assistance.

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 consultants, you’ll be well on your way to avoiding an audit.

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, especially federal tax debt to the IRS. If you owe money to the IRS, this can be a huge strain on your financial situation, as well as your emotional and physical health. While many American citizens receive refunds for the taxes, there are plenty of others that may find themselves struggling to pay what they owe.

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 Service is a much more imposing threat. The most urgent question often asked is does bankruptcy clear tax debt?

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 your claim to the money. An experienced consultant can help you figure out how to file back taxes and receive your refund.