1-800-548-4639What To Do When The IRS Contacts You
Having to come face-to-face with any tax authority, be it the IRS or at the state level, can be very intimidating for most average taxpayers. And taxpayers who try to deal with tax authorities on their own may find themselves completely immersed in legal speak which they do not understand, and agreeing to things contrary […]
Read moreSelf-Employment Taxes Explained
A lot of people quit their jobs to start their own business because they assume they can make more money that way. While it is true that self-employed people typically earn more money at first, these individuals also pay a lot more in taxes every year than traditional workers pay. Employees only have to pay […]
Read moreHow Long Can You Qualify For Uncollectible Status?
No matter how honest and faithful you are in paying your taxes, you may find yourself in a situation wherein you no longer have the capability of doing so. When this happens, you can ask for help from the IRS and they might be able to grant you an uncollectible status and will suspend collection […]
Read more6 Ways to Reduce Your 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 […]
Read moreWage Garnishment Explained
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 […]
Read moreWhat To Do If You 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. […]
Read more