My Tax Debt Hit $50,000. Now What?
Oct 30, 2024When your tax debt reaches or exceeds $50,000, the situation becomes more serious with heightened IRS collection efforts and potential...
- 148
Most Recent Manage Money News
Manage Money
The IRS Filed a Substitute for Return. Now What?
Oct 26, 2024One of the most significant obligations U.S. taxpayers have is to file an annual federal tax return. However, life gets...
- 162
Manage Money
How to Stop an IRS Levy
Oct 25, 2024An IRS levy is one of the most severe collection actions the IRS can take against a taxpayer who owes...
- 178
Manage Money
Are Political Donations Tax Deductible?
Oct 24, 2024Political donations are a vital part of democratic systems, empowering individuals to support their preferred candidates, parties, and causes. As...
- 164
Manage Money
How Does Self-Employment Tax Work?
Oct 23, 2024If you’re self-employed, you likely know that managing your taxes can feel more complicated than simply having an employer deduct...
- 177
Manage Money
How to Earn Money as an IRS Whistleblower
Oct 17, 2024The IRS Whistleblower Program is an initiative that rewards individuals who report tax noncompliance to the IRS, potentially leading to...
- 173
Manage Money
GoFundMe: How are Donations Taxed?
Oct 16, 2024Crowdfunding is the act of funding a project by collecting small donations from a large number of individuals, often via...
- 247
Manage Money
How Long Does an Offer in Compromise Take?
Oct 15, 2024If you’re facing significant tax debt and struggling to make ends meet, the Offer in Compromise (OIC) process may offer...
- 180
Manage Money
Which States Have No Income Tax?
Oct 11, 2024As tax season approaches, individuals and businesses alike are often searching for ways to minimize their tax burden. One way...
- 181
Manage Money
How Tax Relief Works | Optima Tax Relief
Oct 10, 2024Owing the IRS can be one of the most stressful situations a taxpayer can face. Recent data shows that American...
- 175
