Penalties for Not Filing Your Tax Return

Let’s be honest—filing your taxes is a real pain in the… pocketbook. There are countless reasons that you might have failed to file your tax return. One, life got in the way and you just lost track of time. Two, you didn’t have the money to pay the filing fee. Three, you were worried about…

What to Do When You Owe the IRS Money

Three Ways to Get a Tax Lien Released

When you don’t pay your tax bill, the IRS or state can come after you to get their money. They will use whatever means necessary to get you to pay up, and they have a few different methods. They may send threatening letters, they can garnish your wages and bank accounts, and they can place…

How to Deal with Mistakes on Your Tax Return

How to Deal with Mistakes on Your Tax Return

People make mistakes all the time on their tax returns—it happens. Maybe you already sent off that return, but completely forgot to include income from a side job you did. Perhaps you forgot to claim a dependent, or weren’t aware of certain deductions you qualify for. Whatever the mistake may be, there are ways to…

Common Strategies for Getting Out of Tax Debt

Common Strategies for Getting Out of Tax Debt

Getting behind on your taxes can lead to huge problems in your life. You are likely dealing with stress and anxiety about the IRS coming after you; you could already be dealing with financial struggles, and that’s why you got behind on your taxes in the first place; your family life may suffer as a…

What to Do When You Can’t Pay the Taxes You Owe

If you’ve been living in fear of the IRS because you owe money in taxes, know that you aren’t the first, and you certainly won’t be the last. Countless Americans owe money to the IRS, but if you think there’s safety in numbers, you’re wrong. The IRS is very organized when it comes to getting…