Help for Your Tax Problems
-
services
- May 20, 2021
IRS Notice 1444: What It Is and What It Means
As the COVID 19 pandemic continues to ravage the world economy, different governments have taken different measures to aid their citizens. Here in the United States, the federal government passed a raft of measures, key among them sending stimulus checks to deserving individuals to help cushion them against the effects of the pandemic. These added […]
Read More-
- May 17, 2021
States without Income Tax
The deadline for the federal income tax may have already been pushed back until May 17, but some taxpayers might be luckier than others. In nine U.S. states, individuals do not have to file a state tax return, as they (the states) don’t oblige taxpayers to pay tax on personal income. This means that each […]
Read More-
- May 13, 2021
FAQs about the Internal Revenue Service
How do I contact the IRS? What is their phone number? You can get in touch with an IRS representative over the phone from Monday to Friday (7 am- 7 pm local time). Now, depending on your case, you can call any of the following numbers: 800-829-1040 For IRS errors & individuals (main IRS number […]
Read More-
- May 10, 2021
FAQs: IRS Collection
What can the IRS do if you owe them money? According to the IRS, their job is to find ways to recuperate their money. In doing so, they may seize (levy) your assets, such as retirement income, social security benefits, bank accounts, and wages. They may even seize your real estate, boat, car, and any […]
Read More-
- March 30, 2021
FAQs: Stimulus Checks and Taxes
Your taxes determine whether you get a stimulus check or not, even if you do not file at all. Below are some commonly asked questions about stimulus checks and how they may or may not affect your tax return. What do I need to qualify for a stimulus (or economic income payment) check? You need […]
Read More-
- March 30, 2021
FAQs: Paying Taxes
Here, you will find the most commonly asked questions about paying taxes. Do You Pay Taxes on Unemployment? In the years before the Covid-19 pandemic, almost all types of unemployment compensation were taxable. In general, the IRS considers unemployment compensation as income, so it taxes it accordingly. Passed in March 2021, the ARP (American Rescue […]
Read More-
- February 24, 2021
IRS Notices: What They Mean and What You Should Do
If you have received a notice from the IRS, don’t panic. Yes, it can derail your plans and throw you off balance both in your personal and business life. However, in most cases, there are solutions to help make the IRS offer you a reasonable way out of the unwanted situation you have found yourself […]
Read More-
- January 22, 2021
FAQs: Paycheck Protection Program (PPP)
Find out what the PPP is, how to apply, the difference between the first round and second round, how & when to apply for loan forgiveness, and more.
Read More-
- December 20, 2020
Can You Go To Jail For Not Paying Taxes?
Can the IRS Arrest You? Cheating on your taxes is a crime. No doubt about that. However, only 0.002% of all taxpayers are convicted of tax crimes. Even though roughly 16% of Americans are found to be evading taxes every year, in one way or another. As for the number of convictions for tax crimes, […]
Read More-
- December 20, 2020
Filing Taxes: Is It Necessary?
Filing taxes can be burdensome, especially considering the complexity of filing a tax return. With tax laws changing almost overnight sometimes, it goes without saying that taxpayers often find themselves midst a tax storm that they do not know how to handle. Questions like ‘Do I need to file taxes if I collect Social Security?” […]
Read More