7 Options for Resolving Your Tax Debt
There are many reasons people fall behind on their tax debt: they’re too busy to file, they have gone through a life-altering event (divorce, death in the family) that caused them to miss deadlines, they…
Self-Employment Tax Tips
Are you dreaming of kicking your job to the curb and becoming self-employed? Well, you might benefit from doing so. There are a lot of perks that come with managing your own business. You’ll be…
Paying Taxes with a Credit Card: Pros and Cons
Are you thinking of using your credit card to clear your debt with the IRS? Well, it certainly seems like a convenient way to do it, doesn’t it? But before you rush into it, there…
6 Business Tax Saving Tips
Tax season is a stressful time for many, including business owners who need to report payroll, annual invoices, etc. The standard stresses can become even greater when companies save their paperwork to the last minute…
Do’s and Don’ts of Setting Up an IRS Payment Plan
What happens if you owe more money to Uncle Sam than you can afford to pay at once? Your first reaction might be to panic. But while it’s easy to feel overwhelmed about the situation,…
Over 62 and Have Tax Debt? The IRS Has Some Special Rules for You
If the IRS and Uncle Sam are hounding you for tax payments, you may wonder: Can my assets be frozen? The answer is: The outcome depends on your specific situation. Seniors are often on fixed…
What are the Dangers of Mixing Business and Personal Expenses?
You’ve registered a company, and you’re ready to land your first customers. With all the steps you need to take to make that happen, you open a business account that you occasionally use to pay…
Should You Go To An Accountant or An Attorney If The IRS Places a Levy on You?
Few things can turn a good day bad like a levy from the IRS. If the IRS seizes your assets in order to satisfy your tax debt, it’s a good time to get professional help—but…
What are Payroll Taxes?
You’ve onboarded your first sales team. It’s a group of talented reps who’ve got the experience and skills to improve your bottom line. A couple of weeks pass, and things are looking up. Performance charts…
How to Reduce Back Taxes
There’s no shame in owing back taxes but doing nothing about it makes things much, much worse. The IRS knows there are billions of dollars in unpaid income taxes each year and if you’re reading…