People seek settlement for different reasons, so the IRS offers different settlement options. Various options are available as a means to ensure fairness and that taxpayers in any situation have a feasible way t
While the IRS is known for its aggressive approach to dealing with tax debt, it also recognizes that helping taxpayers address their tax obligations can benefit both parties. As a result, the federal agency offers several programs that are designed specifically to help taxpayers resolve their tax ...
Things don't always go as planned when it comes to filing your tax returns and paying your taxes on time. Even if you have the best intentions, you might face an IRS tax penalty for underestimating your quarterly payments, missing a tax filing deadline, or bouncing a check...
A tax lien is a claim against the assets of an individual or business who fails to pay their tax debt to the government. This is related to but different from a tax levy, which is the act of taking the property if the subject of a lien neglects to make arrangements to settle their ...
The first thing you need to do when you prepare a tax return is to choose your filing status. Your IRS tax filing status is a classification that determines many things about your tax return. It's important to select the correct filing status as the right one will get you the lowest ta...
The IRS offers certain kinds of tax relief aimed at people who are or have become disabled. Get IRS tax relief for the disabled with help from TurboTax in this video on tax tips.
themselves stuck with intimidating situations and tax problems that are extremely difficult to resolve. Since the slightest of errors or compliance issues can severely impact your financial situation, you should most certainly take time out to research solutions to solve tax controversies you’re faced...
David Hickam
Find a tax office near you by using the IRS' online Taxpayer Assistance Center locator. Note that you'll need an appointment before visiting.
If you have a refund coming from the IRS, you want to get your hands on the money as soon as possible. Fortunately, the IRS makes it easy for individual taxpayers to track the status of their refunds and make sure they get the money they have coming.