Tax Relief

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Failure to File Penalty: What Happens if I Don’t File My Taxes?

If you don't file your taxes on time, you'll end up facing consequences. The IRS will charge penalties and interest for not filing or paying taxes when due. Your personal assets and bank accounts may also be seized to pay past due taxes. It's important to understand what happens if you receive a failure to [...]

Failure to File Penalty: What Happens if I Don’t File My Taxes? 2019-06-14T15:35:27+00:00

Is Social Security Disability Taxable?

Social Security benefits are offered to support individuals who may become disabled or need additional income support. How these benefits are taxed can be complicated and involve several government agencies. Here are some frequently asked questions about Social Security Disability benefits and taxes. Is Social Security Disability Taxable? 10 FAQs Regarding Benefits and Taxes What [...]

Is Social Security Disability Taxable? 2019-06-14T15:36:30+00:00

14 Frequently Asked Questions About the IRS Payment Plan Program

Finding out you owe the government money on taxes can be daunting. This debt can grow quickly, and the IRS has the power to seize your assets. Before your tax problems get to this point, you have options to reach an agreement with the IRS on how to pay the debt. 14 Frequently Asked Questions [...]

14 Frequently Asked Questions About the IRS Payment Plan Program 2019-06-14T15:36:39+00:00

How Does Innocent Spouse Relief Work?

For those who are married and filing income tax returns jointly, the situation may arise where an unreported item or error on a joint return can cause the IRS to notify you of a tax debt due. Either spouse may be held responsible for the entire debt, even if one spouse had no knowledge of [...]

How Does Innocent Spouse Relief Work? 2019-06-14T15:36:46+00:00

The Ultimate Guide to Understanding the IRS Fresh Start Program

There are many ways that a taxpayer or business can accrue a tax debt, such as failing to file, or not making the correct estimated payments. Depending on your unique tax situation, you may qualify for tax debt relief under the Fresh Start Initiative implemented by the IRS. However, you must meet the following basic [...]

The Ultimate Guide to Understanding the IRS Fresh Start Program 2019-06-14T15:36:57+00:00

What are the Consequences of a Federal Tax Lien?

When the IRS contacts you about taxes due, and you do not respond in a timely manner, they can issue a federal tax lien on your property. This is a serious event that can impact you in many ways-- but keep in mind that you have options for resolving your issues with the IRS. 7 [...]

What are the Consequences of a Federal Tax Lien? 2019-05-07T19:39:15+00:00

How Does Tax Debt Relief Work? 8 Ways an Attorney Can Help Settle Your Tax Debt

Are you interested or worried about paying tax debt? There are options to help manage or even reduce the amount you owe. Consider the following reasons why hiring a tax attorney can help you find tax debt relief. 8 Ways an Attorney Can Help with Tax Debt Relief Negotiate an Installment or Payment Agreement Make [...]

How Does Tax Debt Relief Work? 8 Ways an Attorney Can Help Settle Your Tax Debt 2019-05-07T19:40:04+00:00

What is an Underpayment Penalty? How Can I Avoid It?

The tax system in the United States can be very complex. Taxes are usually due when income is earned, but these taxes are not always taken out of your earnings automatically. In some cases, you may be required to pay estimated tax on a quarterly basis. An underpayment penalty may be issued by the IRS [...]

What is an Underpayment Penalty? How Can I Avoid It? 2019-05-07T19:42:41+00:00

What is a Tax Levy? What to Do If There’s a Tax Levy Against You

Let’s face it, the last government agency we want to hear from is the IRS. We work, pay our taxes, file our returns, and hope that’s the end of it. Sometimes we get into financial difficulties and are not able to pay the full amount of the taxes we owe. That’s when the letters from [...]

What is a Tax Levy? What to Do If There’s a Tax Levy Against You 2019-05-07T19:50:24+00:00

How to Catch Up When You’ve Fallen Behind on Your Taxes

Delinquent tax debt won’t simply go away. At some point, the IRS will act, and you could face serious financial and legal problems, including asset seizures, wage garnishments and even criminal prosecution. But no matter how far behind you are, you can improve your situation by taking action now. The tax debt relief legal process... [...]

How to Catch Up When You’ve Fallen Behind on Your Taxes 2019-05-07T19:44:14+00:00