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An IRS offer in compromise can help you settle tax debt for less than you owe, but it's difficult to qualify for. Emily ShermanFeb. 18, 2025 Valentine's Day Average Spend The average couple is planning to spend around $200 this Valentine's Day, but there are less expensive ways to c...
I clicked on a link that said “Free Tax Filing”. Misleading “Free Tax Filing” search result links are not so free. Then I started inputting all my personal information only to find out that I didn’t qualify for free filing. Because I needed an extra form not included in the free...
For example, you might qualify for a tax break that could generate a tax refund. So give filing some serious consideration if: You had income tax withheld from your pay. You made estimated tax payments or had last year’s refund applied to this year's estimated tax. You qualify for the...
What happens if you don’t have a tax transcript? You might need a tax transcript to secure a mortgage from a lender, qualify for some government programs, or verify your identity with certain entities. Fortunately, it’s very easy to get a transcript online....
Saving money is kind of like eating a healthy diet. You know you should do more of it, but it’s hard to resist making spur-of-the-moment choices that make you happier now but worse off later. A tax refund marks a great chance to set yourself in a better
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If you made $73,000 or less in 2022, you qualify for the IRS Free File program. Using one of the software options, you can file your own federal and state returns without paying a cent. And though Free File may not be the best option if your finances are complicated, if your income...
Review and ensure contributions to the QOF qualify, i.e., confirm funds are coming from capital gains incurred in the last 180 days (or slightly different timing depending on investor type). CLICK TO SCHEDULE A FREE CONSULTATION CALL Investment...
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