October 19, 2015
If you have children, you may be able to lower your tax bill by claiming the Child Tax Credit. The Child Tax Credit is a non-refundable credit, which means it cannot reduce your tax...
October 16, 2015
It is recommended that you file any tax returns that are due, whether or not you can pay your tax liability in full. The longer you wait to file, the higher your late fees and interest charges will be.
October 15, 2015
Up until tax year 2005, a taxpayer could file IRS Tax Form 4868 (Application for Automatic Extension of Time to File U.S. Individual Income Tax Return) and obtain a four-month automatic tax extension. An additional two-month tax extension could...
October 14, 2015
If you have a large amount of tax debt that you cannot pay in full, you may want to consider an Offer in Compromise (OIC).
With an OIC, a qualified taxpayer can submit an offer to the IRS and request to...
October 13, 2015
Your tax refund is missing. What do you do?
First, check the IRS’ “Where's My Refund” online tool to make sure that your tax refund has been issued. You can start checking the status...
October 8, 2015
A change in life circumstances, whether good or bad, can affect your tax return.
Here are some...