Paying Taxes
The Earned Income Tax Credit (EITC)
Also Known As The Earned Income Credit (EIC) The Earned Income Tax Credit (EITC or EIC), which has been around since 1975, provides a subsidy…
E-File FAQs
Frequently Asked Questions About Filing Your Taxes ElectronicallyThe e-file process allows taxpayers to submit their taxes electronically by connecting to the Internal Revenue Service’s (IRS)…
Projected U.S. Tax Rates for 2016
Forecast of Individual Income Tax RatesTo give you a head start on the 2016 tax year, Bloomberg BNA has released their tax rate/bracket predictions.The Federal…
IRS Options If You Cannot Pay Your Taxes
How to Resolve Your Federal Tax Debt When tax time comes around, inevitably there are people who are not able to pay everything they owe.…
What Happens If You Don’t Pay Taxes
IRS Collection Procedures for Past Due Taxes The U.S. government expects you to pay income taxes to the IRS each year. Most Americans have…
Tax Tips for the Self-Employed
Special Tax Considerations for Self-Employed IndividualsThe ability to work for yourself and be your own boss is an exciting prospect. Becoming self-employed in your field…
What Is a Tax Levy?
Information About Federal Tax LeviesIf you owe back taxes, the IRS may place a tax levy on your property and/or assets. A tax levy is…
Tips for Filing a Late Tax Return
File Your Past Due Tax Return to Avoid Further Penalties It is recommended that you file any tax returns that are due, whether or not…
