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Top 5 IRS updates coming in 2023

As we approach the end of a bumpy 2022, it’s important for taxpayers to stay informed about the latest updates from the Internal Revenue Service (IRS) and how they can help position themselves f...

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The IRS Tax Payment Plan Options You Should Know
Chances are if you’ve ever filed tax returns, you may not have been in the best financial position on April 15. Sometimes, a tax bill can be higher than expected, leaving you unable to pay it all by the traditional spring deadline. But there ar...
StopIRSDebt.com
Offshore Banking: What You Need To Know
People doing business or living overseas may be interested in doing some offshore banking. When people think of it, they think Swiss bank accounts or funds stashed away on some tropical nation like the Cayman Islands. But the consequences of and rule...
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Getting the Most Out of Your Tax Returns
With tax season comes tax returns. And with tax returns, it’s better to take all steps necessary and appropriate to get the most out of your tax return and get a nice refund. Part of getting the most out of your tax return is avoiding mistakes....
StopIRSDebt.com
Need A Fresh Start After Having Back Tax Debt?
Getting caught up in unpaid IRS back tax debt can have you asking yourself a bunch of questions. How can I pay off my IRS tax debt with a payment plan? Can I pay off my back tax debt for less than what’s owed? Am I in danger of having a back ta...
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Can Your License Be Suspended for Tax Debt?
If you’re deep in tax debt, there will be consequences, and they won’t be pretty. But can your license be suspended for tax debt? Can Your License Be Suspended for Tax Debt? First, there’s the interest that piles up. That interest c...
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How to Receive Currently Not Collectible Status
Having back tax debt is bad enough. But what if your back tax debt is so bad you have no way to pay it back? You may think that’s a good thing, because the IRS will forgive your back tax debt. However, that’s usually not how it turns out....
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IRS Budget Cuts On The Tax Horizon
As the US government heads into the new year, the part of Uncle Sam that gives you a tax refund, audits you or your business, or takes a piece of your pie in the form of a tax bill will have a smaller budget to do its job. The IRS’s budget it g...
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In Tax Trouble with Your Spouse?
After you say “I Do,” give that sweet kiss, and come back from the honeymoon, you and your spouse will have a whole lifetime together to make money, spend money, and unwillingly give money to the IRS. But sometimes while love and marriage...
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Underreporting Your Income? Know the Consequences
Some people have the ability to earn most of their income via good old fashioned cash. Getting paid in cash is convenient, since it cuts down on the need to go to a bank. And, cash is the preferred way businesses and people like to get paid. But gett...
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Make These Smart Tax Moves Before 2015 Hits
With Thanksgiving approaching, tis’ the season for making smart tax moves before the end of the year that promise to make your taxes for the 2014 year a bit more jolly. November and December are the best months to readjust your finances with th...
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