Tax debt can be as disturbing as any other type of debt. Like any debt, reducing IRS debt can be done by following these simple methods. Just like credit card debt, a tax debt to the IRS can be a major stress and be a long-lasting problem if it’s not taken care of properly. The [...]
There is a lot of stress surrounding the near tax deadline and for many people the idea of sitting down to face their personal income taxes is too overwhelming. For those who have complicated and unique financial situations it can be even more difficult to get motivated for fear you will ultimately make costly mistakes. [...]
There are multiple resources you can utilize to file your federal income tax return for free. The IRS itself has estimated that nearly 70% of the 145 million income tax returns filed in 2012 were able to be filed at no cost to the tax payer. Where To File Taxes Online For Free Free Filing with [...]
If you find yourself deep in debt to the tax man, there may be a way to get back to square one – a new beginning that will enable you to start over with the IRS. This method is only for someone who owes a substantial amount of money in back taxes and is unable to come up with a way of paying what they owe. It’s called an Offer in Compromise and for some people it’s their last, best hope. Following are a few tips on how to settle a tax bill with an Offer in Compromise.
Last updated byat .