If you finish your tax return and are confused as to why you need to send the IRS a check, there is only one possible explanation for this: you paid less tax during the year than you owed for your income level. Watch this video to find out more about why
Filing taxes might not be at the top of your to-do list each spring, but you should strongly consider it if you earn income—no matter how much or how little.
What a satisfaction it is saying goodbye to old debts. There are several options available to taxpayers who want to make a payment for back taxes to the IRS.
1. Tax Lien If you fail to pay your taxes, the Internal Revenue Service can place a lien on your property, which includes your real estate, personal property and financial assets. This is called a federal tax lien. A federal tax lien shouldn't catch you by surprise. The IRS sends you...
If your tax return is legitimate, don’t panic — an IRS letter doesn’t mean there is proof of identity theft, merely a suspicion. Due to the many cases of identity theft, the IRS will often send a special pin number to file your taxes. This identifie...
While a revolt isn't imminent today, many of us have imagined a more personal revolt. Have you ever wondered what exactly would happen if you failed to file and pay your taxes one year? Although most Americans tend to think about the tax system and the IRS only as the month of April ...
Reports on the value of the tax lien the United States Internal Revenue Service (IRS) imposed on boxer Mike Tyson's mansion in Farmington, Connecticut. Amount of money Tyson owes the town of Farmington in propert...
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