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 takeawaysShowing consistent payments for over three months on your IRS repayment plan and maintaining those timely payments is the only…
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…
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…
Good help is hard to find, especially if you are a low-to-moderate income household in need of tax prep assistance. Most tax prep services will charge a fee for preparing…
The information contained in this post is not intended to replace the advice of a qualified tax professional. Ever since copies of Marie Kondo’s “Tidying Up’ started flying off the…
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…
As a married taxpayer, you aren't limited to filing a joint tax return with your spouse. Depending on your unique tax situation, it may benefit you to file separately. Here's…