Tax Money, IRS

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.

1040 Tax Form with Refund Check and Cash

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 […]

Individual income tax return form

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 […]

Innocent Spouse relief is unique, because it’s one of the few ways you can qualify for full tax forgiveness.

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 […]

Woman worried about tax related identity theft due to her father-in-law.

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 […]

I’m curious about what receipts to keep for taxes

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.

1040 Tax Form with Refund Check and Cash

Answers to Common—and Not So Common—Tax Questions

As tax-filing seasons go, the past two years have been unlike any other. Income tax filings have been delayed and this year taxpayers need to get updated information on child tax credits and stimulus. It’s created a filing panic as we approach the May 17 filing deadline for 2020 federal income taxes. So, here’s everything […]