Taxes | Axiom Tax Resolution Group

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The Impact of Inflation on Taxes and How to Deal with It

The Impact of Inflation on Taxes and How to Deal with It

Aug 25, 2022 | Tax

Inflation is one of the most important factors to consider regarding taxes and tax debt. When prices rise, the value of money falls. This means that taxpayers who owe money to the government will find that their debt is worth less in real terms.  Inflation can also...
Advice You Need If You Fail to File Taxes On Time

Advice You Need If You Fail to File Taxes On Time

Aug 18, 2022 | Tax

Missing a tax filing deadline is a definitive no-no. While it is possible for you to request an extension, know that it would be best to file your taxes as soon as possible. In general cases of tax filings, the Internal Revenue Service (IRS) advises filing early to...
When is it Too Late to File Taxes?

When is it Too Late to File Taxes?

Feb 26, 2021 | Uncategorized

The short answer is never. There are no time limits on the IRS for tax collections, and yes, the federal government will notice if you’ve skipped a year… or ten. No matter how long it’s been, you can always file late. But remember that sooner is better than later and...