Every year, an estimated 7 million taxpayers in the United States do not pay their required taxes on time. This late tax filing results in about a $28 billion loss for the government. This large deficit impacts the programs run by the government, providing them with a strong motivation to make sure that all citizens and working residents pay their taxes in a timely manner. This … [Read more...]
Review: H&R Block Online
A search of tax preparation solutions online shows H&R Block Online as one of the most common software options. This software boasts that it offers clients ease in filing common tax forms. This includes a 1040, 1040A, 1040EZ, and Schedule A. However, how does H&R Block Online fare when compared to other online tax preparation softwares? Read our review of the H&R … [Read more...]
FAQs On Tax Debt Relief Act
Taxpayers may be surprised to learn that there could now be wiggle room in their taxes thanks to the help of the Tax Debt Relief Act. This Act is among the existing IRS tax relief programs everyone can utilize when struggling to pay their due taxes. If you're in a difficult financial situation, continue reading to learn about tax relief solutions that may work for you. 6 Tax … [Read more...]
What Are the Tax Friendly States for Retirees?
Retirement means having more time to do those things you've always wanted to do like travel, devote more time to a hobby or spend time with family. If you are like many other retirees, though, this period of time also means that you have a limited income. Finding ways to stretch that income means that you'll have more money to spend on those things you love because you're … [Read more...]
Payroll Tax Debt Relief: How to Settle Tax Liability
Do you have overdue payroll taxes? Are you looking for payroll tax debt relief? If so, this tax liability is a serious matter that needs to be addressed right away. Otherwise, your organization could face some serious legal consequences. Some of the ways on to pay back payroll taxes include an offer in compromise, and payment in installments. Details below. Payroll Tax Debt … [Read more...]
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