Tax time brings lots of anxiety for many Americans. Not knowing whether you will get a refund or owe can be nerve-racking . If you expect to owe this year, or are facing old tax debts that haven’t been paid, there is no...
This year taxpayers will get a chance to participate in a new IRS program designed to help those who cannot afford to pay their tax debts. Deemed the Fresh Start initiative, the IRS is granting eligible taxpayers two new ways...
Unpaid taxes are a serious problem that can often lead to more significant consequences by the IRS. While tax debts are not the biggest source of debt among Americans, they can be the most problematic if not resolved in a...
One of the major concerns for homeowners going through a short sale or deed in lieu of foreclosure has always been the potential for tax consequences. While a 2007 bill has provided for relief of such tax consequences, the...
If you owe tax debts, or think you might owe the IRS this tax season, there are some things you can do to evaluate your tax liability. While resolving unpaid taxes is a priority, it doesn’t mean that taxpayers should be...
