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Category: Stop IRS Debt

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4 Ace Tips for Reporting Gambling Wins and Losses
There’s a reason folks flock to glitzy locales like Las Vegas, Atlantic City, and even Reno. And it isn’t always the all-you-can-eat buffets. Here at StopIRSDebt.com, we firmly believe in lowering your risk—on your tax debt, in your au...
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Complete Guide to Filing Taxes When You’re Unemployed
Most people have been there at one point or another. You can call it whatever you want: funemployed, underemployed, or unemployed. The truth is that unemployment, and even simply falling short of a livable wage, is very common in the United States. E...
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How to Create a Successful Financial Plan for 2019
So you’ve set some financial goals for 2019, huh? We’re not surprised. Money-related New Year’s resolutions are among the most popular resolutions out there, usually behind health, hobby, and family-related goals. Now comes the tough part: ...
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What to Do When Your Return Is Rejected
Filing your taxes can be a huge undertaking, even if your financial situation hasn’t changed much since last year, so submitting or mailing is often quite the stress relief. But what happens if the IRS rejects your return? Why does it get rejected?...
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Your Guide to 2018 State Tax Changes
Federal tax reform is on the minds and lips of everyone since its signing in late December, but state tax laws have changed as well, in effect January 1, 2018, and are just as significant to tax season, although the reforms will largely adjust your 2...
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Selling on Etsy or Ebay? Meet Form 1099-K
As the economy shifts around, businesses change, and so do your taxes. As a result, Form 1099-K is showing up more and more in taxpayers’ mailboxes. But what is it for exactly, and how do you use it to file? It’s simple, we promise. Here’s ever...
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Tax Audit Red Flags to Avoid
If you had a fantastic year last year where profits went through the roof, congratulations! Unfortunately your good fortune and hard work could also make you a target for an IRS audit. Any changes in your circumstances, however seemingly innocuous, c...
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What Triggers the Need to Amend Your Tax Return?
Picture this: you file your taxes early, kick back your feet, relax, and then…a 1099 from an odd job comes in the mail. Do you need to amend your return? What if you’ve already had your return approved? We give you the lowdown here. For a sig...
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Olympic Winnings Raided By IRS
Legislation Would Make Olympic Winnings Tax Free The 2012 Olympics have just ended, but not the tax bills for American athletes that brought a medal across the pond. Winning Olympic gold, silver or bronze is no easy task. An enduring fete, the person...
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Rap and R&B Musicians Who Owed Back Taxes
It May Be Hip To Hop Over IRS Tax Liens Musicians and back taxes seem to go together like peanut butter and jelly, and rap music and R&B performers are no exception. Rappers love to rap about money, but once they end up owing back taxes to the IR...
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