Three Quick Steps to Fix Your Tax Debt with the IRS
So, you’ve found yourself in a financial pickle. Sometimes life happens and you end up owing Uncle Sam more money than you realized. No matter how much tax debt you’ve…
The New Tax Year Resolution You Must Make Right Now
Ignoring that past due tax debt will get your new year off to a stressful start 2015 will be history in a matter of days. If looking back on 2015…
Five Famous People Who Got Busted for Tax Evasion
Chances are, you've read the "Celebrities...They're Just Like Us" section in a famous gossip magazine while waiting in line at the grocery store. While their idea of "Just Like Us"…
What You Need to Know When Owing The IRS
If this is your first year with a tax balance, the thought of owing the IRS can be frightening. There's no doubt you've heard everything from true stories to urban…
IRS Penalties Part 2: The Healthcare Penalty
Yesterday's post discussed some of the IRS penalties attached to non-payment, missing information, or late payment of taxes. While the passage of the Affordable Care Act allowed millions of uninsured…
Nickel and Dimed: An IRS Penalty Primer
It seems that everything has a late fee: utility companies, credit card issuers, even some daycare providers will charge a late fee if parents are late in picking up their…
What You Need To Know About IRS Collections
What You Need To Know About IRS CollectionsThings can happen. An unexpected medical bill, unpaid time away from work or other financial emergency is enough for most people to fall…
Your Guide to Tax Penalties
For most people, filing taxes carries enough headaches without worrying about penalties and fines from the IRS. Here is a recap of some of the most common IRS penalties and…