It is no secret that the Corona Virus has wreaked havoc on nearly every aspect of our lives for the last year. To mitigate the spread of the virus, many…
These are the Consequences of Tax DebtIt can be very appealing to ignore when the IRS sends notices of tax debts. The anxiety that such notice causes can be significant.…
Covid-19 has put much of the world into a tailspin. Quarantine orders are happening, businesses are shuttering, and there is still so much unknown looming on the horizon. These occurrences…
How Taxes Work in the Gig EconomyCOVID 19 has created an influx of gig economy workers due to an explosion in the use of services like Uber, Lyft, Instacart, and…
Can You Buy a House If You Owe Taxes? Key takeaways Showing consistent payments for over three months on your IRS repayment plan and maintaining those timely payments is the…
With the COVID19 pandemic, it gets even much harder for businesses and individuals to pay their taxes on time. Unfortunately, individuals and businesses, who have unpaid taxes, risk severe punishments by…
Tax Tips for Independent Contactors Being an independent contractor comes with many freedoms. You get to be your own boss, and often times you get to set your own schedule.…
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…
Life Learning Tax Credit Explained Updated: July 2023It's no surprise to American students that the cost of attending universities or colleges is high. While it can seem overwhelming to face…
Tuition Pain? This Tax Credit Can Help Updated June 2023Key Takeaways:Tax deductions reduce your tax bill by lowering your taxable income whereas tax credits reduce your tax bill directly by…
