If you have back taxes to take care of, working with a tax relief specialist is the smartest way to go. Here's why.RELATED: Understanding The IRS Collections Process To Quickly Resolve TaxesIn this article:Local Tax The Difference Between State Income Tax VS Federal Income Tax 32 Things Your Tax Accountant Won’t Tell You 3 Red Flags That Your Tax …Continue Reading
Tax Debt Relief
Tax Debt Forgiveness Frequently Asked Questions
Still have tax debts and wonder if you qualify for debt forgiveness programs? Learn everything you need to know about this IRS initiative here. In this article:The IRS Is Here to Help Are Underemployed/Unemployed Individuals Eligible for Debt Forgiveness? Is There Any Possibility of Lowering Outstanding Tax Debt? Does Debt Forgiveness Apply to Spouses of …Continue Reading
How To Get Your Underpayment Penalty Waived
An underpayment penalty may cause you a lot of headaches and inconveniences, so check out this guide to learn how you can avoid it.In this article:What Is an Underpayment Penalty? Why Do I Have an Underpayment Penalty? How Much Is a Tax Underpayment Penalty? What Is Form 2210 Underpayment Penalty? How Do I Avoid Tax Underpayment Penalty?IRS Tax …Continue Reading
A Step-By-Step Guide To Settling IRS Tax Debt
IRS tax debts are nothing to be scared of, as long as you follow these easy steps on IRS tax debt settlement. How to Settle IRS Tax Debt | A Step-by-Step Guide Step 1: Apply for an Offer in Compromise Most people acquire tax debts due to having financial problems, or due to inability to pay the full amount of your tax debts. In these instances, the IRS provides a …Continue Reading
Tax Debt Consolidation As A Solution
If unpaid taxes are piling up on you, then it might be time to apply for a tax debt consolidation program that’ll help you wipe off those debts and lead to financial freedom.In this article:What Is Tax Debt Consolidation? Why Is It Smart to Consolidate Tax Debt? How Do Tax Consolidation Plans Work? Who Qualifies for Debt Consolidation Installment Agreement …Continue Reading