When you owe money to the IRS, it is hard to think about anything else. While being in debt is never fun, no matter who the creditor is, the IRS enjoys almost unlimited power to collect the money they are due. Unlike your mortgage lender or credit card company, the Internal Revenue Service has the […]
IRS Problems
Gig Workers and the IRS: 3 Steps to Tax Filing Success
If you are a member of the gig economy, you are not alone. Millions of others have made the same choice, voting with their feet and their time, and leaving the world of traditional employment behind. As a member of the gig economy, you have a lot to look forward to, but tax season is […]
Tax Relief Options for Small Business Owners
If you are running a small business, you have one unwanted partner that will dig into your pocket every year, it’s the IRS. The IRS wants to know what you are doing, how much you are earning and most importantly how much you are paying in taxes, and the tax agency is becoming increasingly aggressive […]
Avoid the April 15 Blues – Take a Step-by-Step Approach to Your Taxes This Year
It is no wonder so many Americans dread the April 15 tax filing deadline. The U.S. tax code already contains more words than the Bible, and hundreds of pages of new rules and regulations are often added. With so much complexity, it is no wonder so many of us put off filing our taxes until […]
What Can the IRS Do to Collect Back Taxes?
Opening the mailbox and finding a letter from the IRS is frightening, but what happens next can be even scarier. The tax agency wields incredible power, and if they claim you owe additional taxes they have many different options for forcing you to pay. When the IRS claims you owe additional money, they will act […]
8 Ways to Get Ready for Tax Season and Avoid a Back Tax Problem
The holidays are here. Not to be a grinch but right around the corner is a less fondly anticipated time of year. Before you know it, you will be taking down the Christmas tree, pulling down the holiday lights and getting ready for the tax season to come. Tax season is decidedly less fun than […]