The Internal Revenue Service (IRS) understands that life happens. Therefore, the agency has forged a program that allows people not to pay their tax debts if they can’t afford them. Under certain circumstances, taxpayers can have their tax debt partially forgiven. If...
A frequent misunderstanding regarding liens is that they must be “paid off” before being lifted or eliminated. A lien is when the IRS establishes a legal claim on property as security for paying tax debt. Filing a lien with the taxpayer’s county in...
If you are a first-time tax filer, you’re probably feeling nervous about making a mistake that could make things complicated for you later on. You’re not wrong to feel that way because even a tiny mistake can indeed slow down your refund in the future, or it could...
Investments can be an extremely effective way of increasing your money. Investing turns into its own income stream when engaging in it due to the profit that you’re generating. However, some approaches to investing can be rather reckless, keeping you from tapping into...
No matter your occupation or experience in the workforce, tax matters are nearly always difficult to deal with. Because of the assortment of tasks that must be done year-round (especially during tax time), what is supposed to be a fairly straightforward experience can...
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