The IRS requires you to go back and file your last six years of tax returns to get in their good graces. Usually, the IRS requires you to file taxes for up to the past six years of delinquency, though they encourage taxpayers to file all missing tax returns if possible. If you’re w...
Often, back taxes occur when taxpayers miscalculate deductions, credits or income, causing them to underpay unknowingly. They may also arise when a taxpayer fails to file altogether, due to oversight or the inability to pay the owed amount. When these issues are identified, either by the taxpay...
The fabric and crafts retailer has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending. In a Monday, March 18, 2024 release, the Hudson, Ohio-based company said that it expected to emerge from bankruptcy as early as the end of next month. ...
Payment Options for Taxes Owed on Unfiled Tax ReturnsPeople don’t file tax returns for a number of different reasons. In a lot of cases, you may have avoided filing because you didn’t have enough money to cover the tax you owed to the IRS. The IRS can be incredibly harsh when you ...
Patrick said he took the unusual step of publicly pleading for the governor to act because of the short time allowed to make the price change. ERCOT has 30 days after an event to adjust pricing, which expires this week. Referring to PUC Chairman Arthur D'Andrea's leaked com...
"It's a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?" said former Enron employee Diana Peters, who represented workers in the company's bankruptcy proceedings. ...
American handicraft retail giant Johann's Department Store filed for bankruptcy as consumers cut back on non-essential goods. According to reports, Joanne's Department Store has been in operation since 1973 and currently has more than 800 stores across the US, making it a favorite place for sewi...
2020 was a busy year – and a uniquely challenging one to say the least. Legal and regulatory changes, many of them linked to the COVID-19 crisis, have impacted your business and will...
it can also be an indication of criminal activity. For example, maybe a person claims to live at a certain address to avoid taxes or commit crimes in an unknown location. However, if someone tells you that they live at a certain address, CheckPeople can give you the information to help ...
The US Treasury department and the Internal Revenue Service have pushed back the deadline for Americans to file their federal income taxes to May 17 from April 15, marking the second year in a row US tax authorities have delayed the tax filing deadline to provide people more time amid the ...