The Tax Relief Center breaks down the IRS's new threshold for tax underpayment penalty relief and explains why many taxpayers faced underpayments during the last tax year.RELATED: IRS Penalty AbatementIn this article:The Latest Update on the IRS Underpayment Penalty What’s Up with Our Estimated Taxes? Overview of the Changes Brought About by the Tax Cuts and …Continue Reading
State Taxes
12 Reasons To Speak To A Tax Relief Specialist About Your Back Taxes ASAP
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
Understanding The IRS Collections Process To Quickly Resolve Taxes
Know and understand the IRS collections processes better to help resolve or avoid any tax issues.In this article:IRS Collections ProcessesSubstitute for Return Program Tax Due Bill Federal Tax Lien Tax Levy Bill AdjustmentsIRS Modes of Payment CollectionsIRS Collections in Cash IRS Direct Pay Debit or Credit Card IRS2Go …Continue Reading
7 Things To Do To Prepare Taxes For 2018 Early
Plan and prepare taxes for this year's tax return with this helpful guide! Prepare Taxes: Here's What You Need to Know 1. Review Your 2017 Tax Return If it’s not your first time, and you have previously filed for previous years’ taxes, you may have experienced troubles when preparing your tax returns. From your past experiences, determine which parts of the …Continue Reading
10 Weirdest US Taxes [INFOGRAPHIC]
![10 Weirdest US Taxes [INFOGRAPHIC]](https://help.taxreliefcenter.org/wp-content/uploads/2018/09/Feature-Image-Tax-Relief-Center-10-Weirdest-US-Taxes-360x200.jpg)
We listed down 10 of the weirdest, and sometimes ridiculous, taxes in America. Weird US Taxes You Never Knew Existed Click here to jump to the infographic. 1. Virginia’s Sheep / Lamb TaxThe state of Virginia imposes a $0.50 excise tax on every sheep or lamb sold within the state. Virginia already imposes taxes on eggs, peanuts, and soft drinks. These raise $1.8 million, …Continue Reading
