Tax Relief Companies

Resolution of tax debt does not necessarily need to be difficult. If you take the right steps towards a resolution from the beginning, it can be simple. Primarily, you need to determine your ability to pay. If your tax debt amount is large, then you should explore ways of resolution that allow you to save…

With the corporate tax at 35 percent, U.S. businesses pay more taxes than the businesses in most other countries. It is common knowledge that large multinational companies have the resources to legally evade taxes by holding their profits in foreign countries. At the same time, it must also be remembered that large companies pay millions…

The rate at which companies are taxed is posing a problem both for company and the government. With the corporate tax rate at 35 percent, companies try to save on paying taxes in the U.S. by keeping their profits in countries with lower tax rates.Without the legal framework to support them, the government cannot “force”…

The IRS has various tax debt relief plans to help taxpayers resolve their tax debt, depending upon their financial condition. Every tax debt resolution plan has qualifying factors that must be met to begin resolution. As many taxpayers do not have the financial capacity to pay their entire tax debt, the IRS has tax debt…

You have various options to choose from when resolving tax debt. Depending on the amount of tax debt you owe and your ability to pay, you can choose a payment plan to pay your tax debt over time if you cannot pay the entire debt in one payment.The IRS has various tax debt resolution plans…

When saving for retirement, you first must determine how much will be enough for you to continue your present lifestyle after retirement. This may be difficult because many factors will have changed by the time you reach retirement age, including the tax rate. Even though we cannot be absolutely sure of the figure that will…

When you are planning for your retirement you must take taxes into consideration, because they heavily impact your savings and income. Your income is taxed when you save it for retirement. As long as you do not withdraw from your retirement early (before the age of 59 ½), your withdrawals will typically not be taxed.Experts…

The federal tax lien is an aggressive collection tactic of the IRS. Under a tax lien, the IRS claims right to the property and/or asset of a taxpayer under tax debt to secure its payment. The IRS moves to the placement of a tax lien if their notices regarding the payment of IRS back taxes…

If you are in tax debt and cannot pay your entire tax debt amount in a single payment, you can consider paying it in monthly installments using IRS payment plans, known as Installment Agreements. There are many kinds of Installment Agreements based on the paying ability of taxpayers.When taxpayers have tax debt of under $10,000,…

Even though preparing and filing taxes in itself takes much of our time and effort, we must review the tax filing details that impact our tax liability every year or every few years, depending on how much our income and expenditures fluctuate. Reviewing tax information such as filing status, tax credits, tax deductions, and the…