Debt Settlement And Income Taxes

If you have worked out a deal with a creditor to settle your debt are you aware that there may be tax implications? Many creditors during debt settlement negotiations fail to let consumers know that once their debt is settled, they could be hit with a hefty tax bill. Here is what you need to […]

Should You Adjust Your Withholding Tax in 2011?

After the hustle and bustle of the holiday season has passed it will once again be time to brace for a new tax season. Depending on your tax situation, this time of year is either met with happy anticipation or trepidation. Millions of American filers can look forward to a refund from Uncle Sam, while […]