Tax Deductions for Job Seekers

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If you’re one of the millions in the unfortunately situation of unemployment and you’ve been actively looking for a new job, you need to track your job seeking expenses. You might be surprised to discover that many expenses you incur during a job search may be tax deductible, according to the Internal Revenue Service. Even [...]

How Much Money Do You Have To Make To File Taxes?

file tax return

I often get questions from readers asking common money questions.  Most of the time, I give the best answer I can, and so I’m going to start sharing some of the more common ones here. Do I Have to File Taxes? Requirements change from year to year, so the following is based upon the 2009 [...]

Options for Tax Debt Relief

Tax Time

Sometimes people forget to pay their taxes to the IRS or aren’t able to gather the information in time. When that happens, penalties start to build up and the IRS will eventually ask for back taxes. But what if the taxpayer can’t pay those back taxes and penalties? This is when tax debt relief may [...]