Here's an exhaustive list of solutions to usual tax-related worries. RELATED: The Pros And Cons Of Filing A Tax Extension In this article: Do I Need to File a Federal Tax Extension? What Happens If I Miss the October Tax Extension Deadline? Why or Why Not Should I Efile an Extension? Should I File an Extension If I Cannot Pay the Tax I Owe? What Happens … [Read more...]
The 3 Types Of IRS Offer In Compromise And Their Eligibility Requirements
The IRS Offer in Compromise has three programs in place to aid qualified taxpayers in resolving their back taxes. RELATED: IRS Offer In Compromise | What It Is And How Can It Help You In this article: Doubt as to Collectibility Doubt as to Liability Effective Tax Administration Exploring IRS Offer in Compromise Options and How To Qualify for Each 1. Doubt … [Read more...]
Choosing The Right IRS Installment Agreement For You
Are you having difficulties paying your back taxes? Requesting an IRS installment agreement might a good option for you, so read on to know more about it. RELATED: IRS Installment Agreement Types | How Can It Help You In this article: Taking Advantage of the IRS Payment Plan What Is an IRS Installment Agreement? Guaranteed Installment Agreement Streamlined … [Read more...]
What Happens If You Don’t File Your Taxes For 5 Years Or More?
Need to know what happens if you don’t file your taxes for more than 5 years? We have listed the possibilities below for you. RELATED: How to Negotiate with the IRS In this article: How Long Can You Go Without Filing a Tax Return? Can You Go to Jail for Not Filing a Tax Return? Do I Have to File My Taxes Every Year? What Happens When a Person Fails to File … [Read more...]
A Guide To State And Federal Lien Release And Withdrawal
Taxpayers looking to obtain lien release can expect a difficult road ahead if they lack knowledge in a few important areas. RELATED: Tax Preparation FAQs | Everything You Need To Know Before Filing In this article: What Is a Tax Lien and a Tax Levy? What Can Taxpayers Do to Get a Release of Lien? How Can a Taxpayer Get a Tax Lien Withdrawal? Who Has … [Read more...]
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