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Why You Shouldn't Put Off Filing Your Taxes
With the filing deadline moving from the traditional date of April 15th to July 15th because of the coronavirus pandemic, it can be tempting to put off filing your taxes for as long as possible. Most…
How to Handle Your Taxes During an Economic Crisis
Whether it is a global pandemic shutting the economy down for months on end, a stock market crash that leaves formerly giddy investors frightened and nervous or a housing crisis that makes real…
Can I Pay Installments on Federal Income Taxes I Owe If I Can't Afford to Pay it All at Once?
Despite the IRS being slammed right now due to COVID-19, millions of Americans still owe money to the IRS in back taxes for previous years and they’ll increasingly find themselves unable to pay up…
Part 2: Tax Relief and COVID-19
COVID-19 is affecting millions of Americans in all aspects of their life. As of the beginning of May, 1 million Americans tested positive for the disease. A much more striking number is the number of…
Tax Relief and COVID-19
Much like a natural disaster, the coronavirus took the world by storm and forced everyone to seek “shelter at home” and to change their daily habits in an effort to “flatten the curve”. This meant…
Tax Day Is Now July 15, Here’s What You Need To Know.
COVID-19 turned the world upside down. With most of the country shut down, businesses closed, and people forced to “stay-at-home” in order to keep everyone safe, it was just a matter of time before…
Why the IRS Cares About Your Cryptocurrency Holdings, and Why Now is the Time to Come Clean
After years of flying under the radar, taxpayers who hold Bitcoin, Ethereum, Litecoin and other cryptocurrencies are finally getting their fair share of scrutiny from the IRS. The tax agency, it…
How to Protect Yourself When Paying Taxes - Vital Steps You Need to Take Now
How to Protect Yourself When Paying Taxes - Vital Steps You Need to Take Now Tax season can be an unpleasant time of year for a lot of taxpayers, especially if you owe money to the IRS or State. The…
How to Stop an IRS Tax Levy
Of all the creditors or companies you might owe money to, the Internal Revenue Service can be the least forgiving about debt. If you don't pay your taxes, the IRS will levy and take possession of…
How Can I Pay My Federal Taxes With Installments or Monthly Payments?
Every year, there are millions of taxpayers who find themselves unable to pay their taxes in full to the IRS. The IRS knows there will be some taxpayers coming up short. The good news is the federal…