Blogs

Taxpayers who get into tax debt for the first time are confused as to whether to take outside help or do it themselves. When paying of tax debt in single lump sum payment, taxpayers do not require outside help, but for complex tax debt issues such as payment of tax debt through IRS’ tax debt... Continue reading →

If you are a new landlord and have put your property on rent, you will be required to pay additional taxes to the government. That is because the IRS considers the rent you are getting as income, and income from any source is taxable under the law.Even though you will be paying additional taxes on... Continue reading →

If you are a new landlord who has given out property on rental, you will need to pay additional taxes to the government. The IRS sees the rental you are getting from the property as income on which taxes are charged. To save taxes on rental property, you will need to plan your taxes.To reduce... Continue reading →

Those taxpayers who have decided to rent out their property and not sell it need to pay additional taxes to the IRS. According to the IRS, the profit you make from giving your property on rent is taxable. As you are the landlord, you will need to pay taxes on the property and also on... Continue reading →

Most tax debt cases are not simple to resolve because most cases require negotiation with the IRS. It requires the expertise in tax laws, various tax codes and IRS policies to be able to negotiate the terms of a tax debt case with the IRS. That is what tax attorneys specialize in. Tax attorneys provide... Continue reading →

Many taxpayers get into tax problems due to various reasons. The most common tax problem in the country is that of tax debt. Thousands of taxpayers find themselves in tax debt and look for resolution every year. For complex tax debt cases, it is advisable to use the services of tax lawyers such as tax... Continue reading →

There are many IRS tax debt payment plans to resolve tax debt, but before you apply for a plan, you need to understand its restrictions. The IRS prefers to get the entire tax debt in a single payment. Although that might be plausible in cases where the tax debt amount is not substantial, but for... Continue reading →

There are various ways to pay IRS tax debt, but taxpayers must know that the IRS has restrictions on every tax debt payment program. The choosing of a tax debt payment program depends on the financial condition of the taxpayers, their assets and liabilities, the amount of tax debt and other factors.Although the most convenient... Continue reading →

Many times taxpayers miss the deadline for paying taxes and get into tax debt. A year of owing back taxes is not the same as owing back taxes for years. The amount that you owe for a year can be paid in full. Over the years it grows into a sum that is difficult to... Continue reading →

There are many tax credits that small business owners can use, but they need to find the ones that they can use depending on the nature of their business, the number of employees and other particulars that affect their profits. The three tax credits that many small business owners overlook and that can be used... Continue reading →