Tax Debt
What The Failure to Pay Penalty Means and What to Do About It
And you thought that librarian was harsh about late fees. The failure to pay penalty is a consequence that taxpayers may face if they do…
8 Smart Ways To Settle Your IRS Tax Debt
Most people know that there are few things is in this life as certain as death and taxes. However, each year, millions of people are…
Settle Tax Debt With an Offer in Compromise
Learn About OICs & How They Work If you have a large amount of tax debt that you cannot pay in full, you may want…
IRS Tax Debt Relief
If you owe the IRS money, there are some important factors to keep in mind. The first thing to note is that the IRS is…
Debt Consolidation
If you’ve been hit hard by job loss, credit card debts, tax debts or medical expenses then debt consolidation could be of great help to…
How to avoid Federal taxes on short sales and other debt settlements
Generally speaking, whenever you settle a debt for less than you owed, the difference counts as income – taxable income. A short sale is a…
