Disabled Military Veterans Relieved of Student Loan Repayment
Trump administration eliminates federal student loan debt of permanently disabled Veterans.
Joe Pye
8 minute read
taxes
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Do I Have to Pay Taxes on Freelance Work?
Freelance taxes and side gig taxes are complicated with so many forms to track and receipts to record. This guide helps you navigate tax season.
Debt.com
9 minute read
10 Ways Playing Monopoly Can Teach Your Children About Money
Learning about money is boring. Board games are fun. Play one and teach your kids a lesson without them noticing.
John Rampton
6 minute read
How Do I Know If I Owe the IRS?
Even a simple matter like figuring out how much you owe can be complicated when it comes to the IRS. Learn three ways to determine if (and how much) you owe the IRS, with helpful tips on what you can do once you know your real balance.
Debt.com
6 minute read
7 Answers to Frequently Asked Income Tax Questions
Money Girl answers 7 common questions about paying income tax that will help you comply with the law, minimize what you owe, understand tax deductions and credits, pay household workers or nannies properly, and avoid trouble if you can’t pay Uncle Sam on time.
Laura Adams, Quick and Dirty Tips
4 minute read
Tax Filing Tips and Warnings You Should Know About
With the 2019 tax season well underway, here are some ways to avoid tax fraud and get your returns early – among other benefits.
Joe Pye
6 minute read
4 Smart Ways To Spend Your Tax Refund
From covering healthcare costs to paying off debt, there are wiser ways to spend your tax refund than vacations and luxury buys.
Dori Zinn
8 minute read
Where’s My Tax Refund?
It’s that time of year again! Federal income tax season officially opens on January 27, 2020. That’s the first day that taxpayers can file their taxes in hopes of getting their refund as early as possible. Millions of Americans rely on their annual tax refund to pay off debt, make key purchases and, unfortunately, just […]
Debt.com
5 minute read
IRS Fresh Start
If you are struggling with tax debt and feel like it’s an endless journey, your situation may not be as dire as you think. The IRS Fresh Start initiative was created to make it easier and more accessible for people to repay or settle their tax debt. Taxes often seem overwhelming and over-complicated, like a […]
Desiree Sprague
7 minute read
When Do You Need a Tax Attorney?
Circumstances where you might need a tax attorney.
Wade Schlosser
10 minute read
Should I File for Bankruptcy?
Learn how you should file for personal bankruptcy when you can’t afford debt and other relief options won’t help.
Debt.com
6 minute read
Borrow From the IRS to Pay Your Tax Bill
Sounds weird, but interest rates are cheaper than other borrowing options – or a fee for filing late.
Brian O'Connor
9 minute read
Where To Get FREE Tax Advice
At a time when your life is about to be reduced to every nickel and dime made and spent in a year, it might relieve you to know that free tax advice is out there…
Debt.com
4 minute read
How to Choose the Best Tax Software for YOU
What is the best tax software out there? According to researchers, all those who filed federal income taxes last year, nearly half used tax software.
Debt.com
9 minute read
IRS Innocent Spouse Relief
When it comes to back taxes, the IRS doesn’t let an unpaid debt go easily. In truth, there are very few ways to qualify for tax debt forgiveness – even partial forgiveness. That makes Innocent Spouse relief unique, because it’s one of the few ways you can qualify for full tax forgiveness. What is Innocent […]
Debt.com
6 minute read
Back Taxes: End Your Challenges with Unpaid Tax Debt
What are back taxes? Back taxes are any taxes that you owe that remain unpaid after the year that they are due. Basically, if you let an entire filing year go by without paying the IRS what you owe, it’s considered “back taxes.” It’s important to note that even taxes you don’t pay within a […]
Debt.com
5 minute read
When Your State Has A Sales Tax Holiday In 2016
Find out when your state has a back-to-school sales tax holiday this year!
Brandon Ballenger
5 minute read
Tax Debt Consolidation
When you want to consolidate unpaid tax debt from multiple years into a single repayment plan, you typically use an installment agreement (IA). We explain how this differs from credit card and student loan consolidation and how it works.
Debt.com
8 minute read
Does Bankruptcy Clear Tax Debt?
Both IRS and state tax debt can be discharged during bankruptcy, but the amount you end up paying depends on your financial situation and the chapter you file.
Debt.com
4 minute read
Can Debt Collectors Garnish My Wages?
When you owe money to a debt collector, there’s a chance they can sue you and get a court order for garnishment that could affect your accounts.
Debt.com
4 minute read
The Realist’s Guide to IRS Tax Debt Forgiveness
While total tax debt forgiveness is a bit of a myth, there ARE relief options you can use to reduce or eliminate your liability on unpaid tax debt.
Debt.com
10 minute read
If My Spouse Owes Back Taxes Am I Liable?
If you’re married filing jointly and your spouse doesn’t pay the IRS, then you could find yourself on the hook for that tax debt unless you take these steps.
Debt.com
5 minute read
The Facts on Your Federal Tax Lien
Avoid the placement of a tax lien by seeking resolution.
Debt.com
8 minute read
Understanding an IRS Tax Audit
“Audit” may be the scariest 5-letter word in the English language, but we’re here to break it down to remove the mystery and give you some peace of mind.
Debt.com
8 minute read
How Does the IRS Find Out about Unreported Income?
Even if you don’t file a tax return, the IRS can still find you from data they collect from third-party bank and credit info.
Debt.com
3 minute read
IRS Penalties and Interest: Reduce Your Tax Bill with Penalty Abatement
Learn how IRS penalties and interest work and how you can use penalty abatement to reduce the total tax debt you owe, so it’s easier to pay off back taxes.
Debt.com
10 minute read
IRS Bank Levies: Tapping Your Accounts
Levies allow the IRS to take money directly out of your bank accounts to cover unpaid tax debt. Learn how to protect your cash flow from levies.
Debt.com
5 minute read
Commons Tax Questions about Filing and IRS Back Taxes
This page provides answers to the most common tax questions we receive. All answers are provided by Debt.com’s resident tax expert, Jacob Dayan. If you still have questions, head over to our Ask the Expert section to get the answer you need. Please note: If you’re having trouble with your taxes, almost every situation is […]
Debt.com
9 minute read
Finding the Best Tax Debt Relief Solution
We help you explore different options available for tax debt relief so you can find the right solution for your unique financial situation.
Debt.com
5 minute read
Offer in Compromise: IRS Debt Settlement
If you can’t pay back tax debt due to financial hardship, an Offer in Compromise (OIC) allows you to reduce debt in a way that won’t hurt your outlook.
Debt.com
4 minute read
Understanding the IRS Collections Process
If you’re facing collections from the IRS, we’ll explain how the process works so you can either avoid collection or find a way to handle it smartly.
Debt.com
5 minute read
Qualifying for Currently Not Collectible (CNC)
If you’re struggling to cover basic living expenses, qualifying for CNC status can help you avoid being hounded by the IRS to collect unpaid tax debt.
Debt.com
10 minute read
IRS Instalment Agreement: Setting Up a Tax Payment Plan
You can pay off your tax debt with monthly payments, like most other bills. You may even be able to pay less than you owe with an installment agreement.
Debt.com
5 minute read
What is a Tax Extension?
You might need more time to pay your taxes, but make no mistake: Even an extension probably won’t protect you from paying more.
Debt.com
8 minute read
What If I Can’t Pay My Taxes? Should I File Anyway?
The deadline for your 2019 filing is right around the corner. Here’s why you need to file even if you can foot the bill to the IRS.
Debt.com
8 minute read
What Happens If I Did Not Withhold Enough Taxes?
Whether you owe the IRS or you got a huge refund, you may have a problem with your tax withholding. Get it right by changing how much you withhold.
Debt.com
4 minute read