Stay informed with the latest insights and tips on tax resolution, financial planning, and IRS updates. Our blog is dedicated to providing valuable information to help you navigate the complexities of tax debt and make informed decisions for your financial future.
Taxpayers who are looking to hire a legitimate tax debt help do it for three reasons: they want to save their money, effort and time. Most American taxpayers hire a professional tax help to resolve their case of tax debt. As most cases of tax debt require negotiation with the IRS, it is wise to... Continue reading →
With American taxpayers burdened with taxes, many are contemplating whether there is a much more effective way to charge taxes, a change in the tax system that can bring in more equality and reduce evasion of taxes. Replacement of income tax with consumption tax can be a possibility, but it comes with its own pros... Continue reading →
Income tax is being preferred over consumption tax, but with changing times would it be wise to switch to consumption tax? The necessity to look for alternative methods of taxation itself raises doubts over the effectiveness of income tax. With tax evasion rampant, many are discussing the value of consumption tax.Consumption tax is the tax... Continue reading →
The search for alternative methods to collect taxes reaches consumption tax at some point. Consumption tax is charged on items of consumption. In some countries, consumption tax is charged along with income tax. Taxpayers pay consumption tax on some items, especially on luxury items, in some countries and also pay taxes on their income.Some people... Continue reading →
When taxpayers get into tax debt, they need to be looking for ways to get out of it because the IRS can anytime begin collection action. The IRS first sends notices regarding unpaid taxes. If taxpayers ignore or refuse to pay their tax debt after receiving notices from the IRS regarding debt payment, the IRS... Continue reading →
Many times taxpayers avoid paying of back taxes due to one reason or the other. In such cases of unpaid taxes, the IRS sends notices to taxpayers under tax debt informing them about the amount of taxes that remain to be paid.After sending of notices if taxpayers neglect or avoid fulfilling their tax debt, they... Continue reading →
In a bid to crack down on tax evaders, Italian tax authorities have found a new way to catch tax evaders. They are using “cash dogs”, dogs trained to sniff large currency notes, to seize black money being carried at airports by travelers. This innovative method to catch tax evaders has reaped results. In the... Continue reading →
Dogs are catching tax evaders at Italian airports, thanks to the new initiative by the Italian tax authorities in which they are using “cash dogs” to sniff large amounts of cash. The “cash dogs” have been trained to sniff cash, the smell of which is subtle. With the help of these dogs, the Italian police... Continue reading →
The Italian tax authorities are using cash sniffing dogs to sniff cash at airports. This is the newest of innovative technique introduced by the Italian police to catch tax evaders. According to sources, during the first seven months the Italian police seized $47.6 million in cash, gold and silver from travelers at different airports who... Continue reading →
It is difficult for taxpayers who have got into tax debt for the first time to decide whether to do it themselves or to hire help. For simpler tax debt problems such as payment of tax debt in a single payment, taxpayers need no outside help. For cases where taxpayers need negotiating with the IRS... Continue reading →