But for some struggling with tax debt, the IRS Fresh Start Program is the next best thing.If you’ve heard anything about the IRS Fresh Start Program, you’ve probably heard the rosiest highlights only. Developed by the IRS, the initiative can radically transform your situation with the IRS...
One of the key features of the IRS Fresh Start Program is the availability of flexible installment payment plans. Under this program, taxpayers can set up monthly payment arrangements to gradually pay off their tax debt over an extended period. These plans allow individuals to manage their financi...
Ways to Save Money on a Tight Budget If you’re living paycheck to paycheck, consider these strategies to save money. Emily ShermanJan. 24, 2025 Inflation-Friendly Grocery Swaps Save money on groceries with these wallet-friendly hacks.
Dodge New Year Credit Score Drops Learn from the experts how to protect your credit score while navigating the pressure to spend beyond your means. Jessica WalrackDec. 31, 2024 Signs of Fraud on Your Credit Report Act quickly to prevent scammers from accessing more information and do...
Professor Paul Bloom: Sex is really strange. You ask people, "What's your favorite activity?" and if you ask people, particularly college students, particularly just fresh from spring break – I've seen teen movies – they'll often answer, "Sex." or some word that is synonymous with sex...
What is affordable? Opening a restaurant is appealing to many people, but the startup costs are higher than many other business types. Business ideas are endless but should be chosen carefully as some markets could be oversaturated with the same offering, or too similar to other previously estab...
Fifth step - Notify the Internal Revenue Service (IRS) A common scam these days is for criminals to file a false tax return with your Social Security number and claim your tax refund for themselves. There are two things you can do to reduce the risk of that happ...
However, for those who have significant debts to deal with, choosing to file under one of the three potentially available types of bankruptcy is one way to be able to start with a fresh financial slate. Understanding exactly how bankruptcy affects you is not always an easy process, and you ...
In some cases, income excluded for tax purposes is not recorded on the return. In other cases, it is recorded in one section of the return and then deducted in another area. Tax Debt Relief The IRSFresh Startprogram helps taxpayers catch up on back taxes and avoid tax liens, levies, wag...
Is It Better to Claim Bankruptcy or Settle Debt? Debt settlement and bankruptcy can both help you achieve a fresh start by eliminating debts that you cannot pay. They will both negatively impact your credit score. Bankruptcy can be a faster process, and you may be able to completely wipe ou...