How Can I Reduce My Personal Taxes?

Donate To Charitable Cause – Donating to Charity is a good way to reduce your taxes. You can write off charitable contributions if you itemize your deductions. When calculating the total charitable contributions, don’t forget gifts of cash, appreciated stocks or non-cash donations. Ideally, you can include even the mileage for transportation to do charity work […]

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What is Wage Garnishment and How to Stop It?

A Wage Garnishment is when the IRS intends to collect on back taxes through your paychecks. This tactic often catches many people off guard due to the fact they typically find out on payday with little or no notice. BC Tax has helped countless individuals with this problem and can resolve this issue through many […]

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What do I do if I owe the IRS a lot of money?

If you owe the IRS, and have for a few years, the penalties and interest are piling up. This can really be a tough situation. Perhaps your income situation has changed or there was an error in your filing. Either way, you need to take care of it, and fast, to keep the penalties low. […]

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What to Do If You Haven’t Filed Taxes in Years

What happens if you haven’t filed taxes in years? How many years can you go without filing taxes? Sometimes, life happens, and you can’t pay your taxes on time or collect all the information you need before the filing deadline. Whatever your reason for not filing, the Internal Revenue Service (IRS) takes not filing quite […]

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What Is a Tax Lien and How Can You Stop One?

If you owe taxes, the Internal Revenue Service (IRS), state or local tax bureau wants to get paid. Sometimes, in an effort to get the money they feel they are owed, revenue departments will make a legal claim, known as a tax lien, against a piece of property you own. Tax liens are meant to […]

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What to Know About an Offer in Compromise

Are you worried about a tax bill that you can’t afford? Are you hoping for tax debt forgiveness? Owing more in taxes than you can afford can worry any taxpayer. While you may not be able to attain complete forgiveness of your tax liability beyond filing for bankruptcy, you may be able to pursue another […]

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