How will a government shutdown affect tax returns and refunds? In this article, we talk about what causes a government shutdown and how it can affect tax returns and refunds. RELATED: How To Prepare For An IRS Audit [Infographic] In this article: What Is a Government Shutdown? What Happens During a Government Shutdown? How Many Government Shutdowns Have There … [Read more...]
What To Do If You Have Unfiled Tax Returns
Repercussions from unfiled tax returns can crop up if taxpayers missed filing on or before April 15 of every year. Here’s what you need to know if you have unfiled tax returns. RELATED: IRS Collection Notices In this article: What the IRS Does If You Have Unfiled Tax Returns Unfiled Tax Returns: How Far Back Can You Not File? The Disadvantages of Unfiled Tax … [Read more...]
IRS Penalties: Tax Evasion, Tax Fraud, And Other Tax Crimes
Tax evasion penalties motivate taxpayers to dutifully pay taxes every year. To learn more about the serious legal consequences of evading taxes, read on. RELATED: Can You Go To Prison For Not Paying Taxes? In this article: Civil Penalties for Fraudulent Failure to File Taxes Criminal Penalties for Fraudulent Failure to File and Pay Taxes Tax Fraud Penalties … [Read more...]
Top 8 Reasons To Appeal An IRS Tax Lien And How To Do It
The IRS will overturn a Notice of Federal Tax Lien if you have a legitimate case against it — but you must follow the right dispute procedure. RELATED: 5 Easy Ways To Avoid An IRS Tax Lien In this article: You Already Paid the Taxes in Full Tax Lien Filing Error You Are in the Process of Filing Bankruptcy Expiration of the Statute of Limitations Prior to Tax … [Read more...]
A Guide To Available IRS Tax Payment Options
Here are the different tax payment options the IRS allows, in preparation for April 15. RELATED: A Step-By-Step Guide To Settling IRS Tax Debt In this article: Cash Payment via Your Local IRS Office Cash Payment via PayNearMe Check Payments or Money Order Debit or Credit Card IRS Direct Pay Electronic Federal Tax Payment System (EFTPS) IRS2Go Tax … [Read more...]