Why do I owe taxes this year? Why is my refund so much smaller than last year? The answer to these questions all boils down to the amount of taxes you had withheld throughout the year or paid in through quarterly estimated tax payments compared to your actual tax liability. Learn more about tax withholding…
How Much Will the IRS Accept to Settle Back Tax Debt (Video)? The IRS allows for people to settle their tax debt as long as they meet certain eligibility requirements through use of the Offer-in-Compromise (OIC) program (sometimes referred to as the Fresh Start Program). One of the program’s requirements is that the amount offered…
We get it, life happens! For one reason or another your tax returns haven’t been filed and you want to get caught up again but may not know how! How many years do I need to go back? Will I get a trouble for waiting so long? What if I can’t find my original tax…