How do I Find Out What what I Owe the IRS?
How to Find Out What You Owe the IRS Whether it is expected or comes as a surprise, sometimes you simply end up with a tax debt. When this happens, the prospect of figuring out exactly what you [...]
What Happens When You Don’t File Your Tax Return
What Happens When You Don’t File Your Tax Return Because of the Covid-19 crisis the IRS extended the 2019 tax filing deadline until July 15, 2020. We are a week past that as of today. Did you [...]
How to Beat an IRS Levy
How to Beat an IRS Levy Can you beat a bank levy? Yes! But it’s better to avoid getting bank levy. First, a primer on bank levies. A bank levy is an enforced collection, where money is [...]
What to Expect When Settling Tax Debt
What to Expect When Settling Tax Debt If you owe the IRS, it is always better to go to them than to wait for them to come to you. You can certainly make the call yourself, but if you want to [...]
IRS Rules for taking distributions or loans from retirement plans due to COVID-19
IRS Rules for taking distributions or loans from retirement plans due to COVID-19 The Internal Revenue Service are helping retirement plan participants affected by the COVID-19 coronavirus take [...]
Why You Should File Your Tax Return
Why You Should File Your Tax Return We all generally know that we should do our taxes when the season rolls around, but some people do not know the particulars of what can happen if we don’t. It [...]