The tax rate on bonuses and commissions means you can expect the IRS to take a chunk of these supplemental wages. The Tax Relief Center will talk about the tax rate on bonuses and what you can do to save on taxes, so you can enjoy your financial windfalls more. Read on to find out more. RELATED: How to Negotiate with the IRS In this article: Are Bonuses Tax-Free? And … [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...]
Delinquent Taxes: How To Pay Off Late Taxes [INFOGRAPHIC]
Having delinquent taxes can be frightening, but when you know the basics, you can make a sound plan. RELATED: Your Passport May Be Revoked Due To Delinquent IRS Taxes In this article: What Are IRS Delinquent Taxes? Why Do You Need to Pay Delinquent Taxes? How Can You Settle Delinquent Taxes in Full If You Don't Have the Money? What Are the Different Payment … [Read more...]
Are Tax Resolution Services Legit?
The IRS processes have changed significantly over the years, which can make some tax resolution services either inefficient or outright incorrect. RELATED: 27 Tax Worries You May Have And The Solutions For Each [FAQs] In this article: The Current IRS Tax Resolution Environment Blanket Advice: You Should Mistrust Tax Resolution Services Why Do Taxpayers Need a … [Read more...]
Pros And Cons Of Tax Debt Relief
Tax debt relief may not be the answer to all your tax problems. Learn the advantages and disadvantages of tax debt settlement. RELATED: 27 Tax Worries You May Have And The Solutions For Each [FAQs] In this article: Do You Qualify for Tax Relief Services? How Does IRS Tax Help for Back Taxes Work? Is Tax Debt Relief Right for You? Disadvantages of Tax Debt … [Read more...]
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