Tips For Effectively Handling Your Tax Debt

25 November 2019
Categories: , Blog

Having large tax debts that you must pay can be one of the most difficult financial situations that you can face. In addition to there being potentially severe penalties for failure to pay, there are other more aggressive steps the IRS can take to enforce payment of tax debts. As a result, those who are facing this situation will want to act quickly if they are to limit the impacts and damages that this problem causes. Read More

Owe Money To The IRS? Use Personal Tax Resolution Services To Overcome The Situation

10 June 2019
Categories: , Blog

Have you been informed of a tax debt that is owed to the Internal Revenue Service? You may owe thousands of dollars and are now stressing over the situation because you are not sure how to come up with the money that they are requesting from you. Although it is normal to feel nervous about the situation when you are expected to come up with money that you simply do not have, you should try to avoid getting too worked up and simply contact an accountant who offers personal tax resolution services. Read More

Tax Refunds, Tax Returns, And Withholding: Why Would You Owe More In Taxes?

27 February 2019
Categories: , Blog

Every year, many people get tax refunds back. Understandably, it can be surprising if you go from getting a tax refund back to having to pay the IRS, instead. This is especially true if you haven't changed your salary. What exactly controls whether you get a tax refund? Tax Withholding: Why You Often Get a Refund With every paycheck, your employer deducts a certain amount of tax and pays this. This is an estimated amount of how much you owe, based on the number of dependents you have. Read More

Can't Figure Out Your Taxes? Keep These Tips in Mind

About Me

When it comes to completing and filing your income taxes, you can't make costly mistakes. Even a simple omission or error can cause you problems with the Internal Revenue Service. I made a grave error last year with my taxes. I forgot to mention that I sold my car. The new owner claimed an exemption for the car and I didn't. I ended up owing several thousand dollars on my return, which hurt my family because we really needed the money. I want to help you avoid tax problems as well. I created this blog, which offers tips on how to file your taxes, what to expect in certain situations, and what to do if you face a tax dilemma. Please keep the information in mind the next time you file your taxes. Thanks for visiting.