by Harry | Feb 21, 2020 | IRS Info, Tax Info
An IRS transcript offers an easy way to see an overview of your tax return information. Having an IRS transcript can be useful in many situations, such as when you’re applying for a loan, a mortgage, or financial aid. If you need a copy of your past tax return...
by Harry | Jan 7, 2020 | Delinquent Taxpayers, Tax Info
The Internal Revenue Service has announced a new payment method for delinquent taxpayers whose accounts are a part of the private debt collection program. Now, these taxpayers can pay IRS-contracted private debt collectors through direct debit. Before this new payment...
by Harry | Jan 3, 2020 | Foreign Accounts, Fraud
Many people who live in or do business in the U.S. have foreign financial accounts. According to U.S. law, such foreign financial accounts must be reported to the U.S. government, even if they don’t generate any taxable income. The government requires that U.S....
by Harry | Dec 23, 2019 | Tax Info, Tax Resolution Help
Having tax debt is incredibly stressful— it’s something no one wants to deal with. But if you’re struggling to pay your back taxes, know that there are a number of ways you can settle your tax debt with the IRS. To help you understand your options, in this post we’re...
by Harry | Dec 23, 2019 | Tax Info, Tax News
Congress appears to be ready to pass a large spending bill that is set to repeal 3 major health taxes that were put in place by the Affordable Care Act. This bill would fully repeal the Cadillac tax, a 2.3 percent tax on medical devices, and a health insurance fee,...
