Blogs

If you were required to file taxes this year and you could not pay by the filing deadline of April 15th, then you should explore ways to resolve back taxes immediately. Sooner or later, the IRS will discover that you owe taxes and will initiate collection actions.To collect back taxes, the IRS first sends out... Continue reading →

There are various ways to pay tax debt. The simplest method to pay back taxes is to pay the full debt amount, including penalties and interest charged on it. As the IRS prefers full payment to any other payment option, there is no friction between the IRS and the taxpayer payee. For those who cannot... Continue reading →

The tax season is over, but many taxpayers could not file their return before the April 15th deadline or file for an extension. In such cases, taxpayers must first determine the amount of taxes they owe to the IRS. After determining the amount, they should consider the penalties and the interest that the IRS will... Continue reading →

Low-income taxpayers or those who are facing financial hardship can receive a reduction in their tax debt if they are unable to pay the full IRS tax debt amount. To achieve a reduction in debt, taxpayers must qualify for tax debt reduction payment plans of the IRS such as Offer in Compromise and Partial Payment... Continue reading →

If you have unpaid taxes, you need to get pro-active. In many cases, it is procrastination or lack of knowledge that leads to tax debt. In simple cases of IRS debt, you need to do a little research to select the most appropriate tax debt payment plan. In complicated cases that involve lien or levy,... Continue reading →

You have been using the standard deduction or itemized deduction for years, why would you consider opting for the other? The reason is change. With time, your financial situation changes as do certain circumstances in your life that affect taxes. If you have been using the standard deduction for years and now you are making... Continue reading →

Tax debt an overwhelming burden if you have limited or no ability to pay it. Fortunately, there are legal methods to resolve tax debt without paying the full or any amount of tax debt. Even though there are strict restrictions, those who really cannot afford to pay their tax debt can easily resolve their case... Continue reading →

Tax debt resolution often requires professional help. A tax service, be it an individual tax lawyer or a tax resolution service, provides back taxes help for the preparation of the tax debt case, representation of the case and conducting negotiations with the IRS. It is only in cases where people need to qualify for a... Continue reading →

This tax season, the scammers are using tax debt collection efforts of the IRS to carry out fraud. In previous years, we saw that the scammers tried to steal the identity of a person to file false tax returns in their name. This year, the scammers are widely using back taxes as a means to... Continue reading →

Scammers are widely using the name of the IRS to dupe taxpayers into sharing their bank account numbers, Social Security number or making direct deposits right into the scammers’ bank accounts. The new tax scam is known as the IRS phone scam. People in all states have been victimized by this scam, making it “the... Continue reading →