Smart Ideas for Spending an IRS Tax Refund After paying the government all year long, many taxpayers will see some money coming their way now that it is tax refund time. Even better is the fact that tax refunds have been on the rise over the past several years. The average tax refund check has… Continue reading →
The Blog
Common Misconceptions about the IRS
A Few Common Misconceptions about the IRS Audits are not as common as they may seem. Although many taxpayers worry that their tax return might be selected for an IRS audit, the fact is that less than two percent of personal tax returns are audited by the IRS each year. On top of this, even if a return… Continue reading →
Can the IRS Keep Your Refund?
It is tax refund time and most taxpayers already have a plan for their tax refund. They will save it, invest it, spend it or maybe do a little of each. However, some taxpayers will file their tax return and never receive a refund. This is due to the fact that the IRS can… Continue reading →
The Tax Extension Option
The Tax Extension Option You are not alone if you do not file your tax return on or before April 15th. Although this is the official deadline for the filing of personal tax returns, each year more and more people apply for an automatic six-month tax extension. The number of taxpayers requesting an extension increased… Continue reading →
Tax Debt Settled Using Multi-Step Resolution
Tax Debt Settled Using Multi-Step Tax Resolution Plan A successful tax resolution plan often requires a creative approach that may include a variety of tax settlement methods used in various combinations. Such a plan often begins with an attempt to reduce the amount of the outstanding tax liability though the filing of back tax returns… Continue reading →
Why You Should File Your Taxes
Why You Should File Your Taxes by April 15 April 15th is an important filing deadline for individual taxpayers. If the Internal Revenue Service does not receive either a completed tax return or an application for a six-month tax extension by this date, they will automatically assess a failure-to-file penalty. In addition, they will begin… Continue reading →
