What Are Back Taxes?
Tax debt can be complicated. But when you want to take back control of your finances, paying overdue tax is a priority. This means paying what are known as “back taxes”. How do back taxes work, though, and how do you know what you owe the IRS? If you have such questions, don’t worry. We’re […]
Read MoreGuide to Filing Taxes in Two States After Moving
Filing taxes is fairly simple when you live – and work – in one state. But what happens if you relocate to another state? And what should you do if you live in one state, but work in another? If you have such questions, don’t worry. Filing income taxes in two different states is easier […]
Read More5 Critical Reasons to Hire a Tax Resolution Professional
Dealing with tax issues can often be a challenge and feel overwhelming for many people. Choosing to work with a tax resolution professional is often a great choice if you are dealing with the IRS. Tax relief specialists can guide you through the entire process to help you avoid costly mistakes. Having an experienced professional […]
Read MoreIRS Offer in Compromise: What It Is and How It Works
Offer in Compromise is an IRS program that enables taxpayers to get a fresh start with the Internal Revenue Service. In doing so, they have the chance to settle their tax liability for less than the overall amount of money they owe. Therefore, if you are struggling to pay your federal or state tax liability, […]
Read MoreWhat is the IRS Fresh Start Program: An Introduction
The IRS Fresh Start Program is nothing new. The program dates back to 2011. It gives taxpayers and small businesses burdened with first-time tax liability an opportunity to get out of liability while also avoiding tax liens. Over the years, it has undergone significant changes. The majority of the provisions outlined in the initiative are […]
Read More