What Should You 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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Tax Liens Explained

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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Everything 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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Back Taxes Explained

Are you feeling overwhelmed by back taxes? Do you wonder when you’ll ever be able to escape the tax debt you’re in? With a little help from us at BC Tax, you can regain control of your finances and get rid of your back taxes. When you work with experienced CPAs, Enrolled Agents and tax […]

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What Is Tax Resolution? Tax Resolutions Explained

In the U.S., the Internal Revenue Service (IRS) has the responsibility of collecting federal taxes and making sure people follow tax laws. The IRS handles the processing of tax returns, collection of tax money and the distribution of tax refunds. In 2018, the agency collected around 250 million tax returns and distributed tax refunds worth nearly $400 […]

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Tax Planning Tips

You work hard to earn your money. You should get to keep as much of it in your wallet or bank account as possible. Although paying the tax you owe is important, so is making sure you don’t pay more tax than necessary. Tax planning helps you reduce your tax bill or defer certain taxes — […]

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