1-800-548-4639How To Keep Your Tax and Financial Records Safe
Hurricanes, tornadoes, fires, floods and other natural disasters are common during the summer months. Take a few simple steps to protect your tax and financial records in case a disaster strikes. Here are four tips to help you protect your important records. Backup Records Electronically. Keep an extra set of electronic records in a safe […]
Read moreThe Different Types Of State Taxes You Can Owe
Back taxes owed at the state level may include but not be limited to: Sales and use tax Withholding tax Unemployment tax Excise tax Property tax Workers compensation Income tax Each state handles tax liabilities differently and has its own specific procedures and collection avenues. State taxing authorities often are more aggressive in tax collection […]
Read moreHow Long Should You Wait for Tax Resolution?
Taxpayers often believe they must wait a certain length of time before seeking help with their tax debts. This is like waiting for the engine to drop out of your car before you get an oil change. There is no set timeframe for seeking tax resolution. Get help as soon as you think you need […]
Read moreWhat To Do When You Receive An IRS Notice
Each year the IRS sends millions of letters and notices to taxpayers. Understandably, you may feel anxious if you receive one. Donât panic. There are many reasons the IRS sends notices to taxpayers. The notice usually covers a specific issue about your account or tax return. It may request payment of taxes, notify you of […]
Read moreShould You Use A Credit Card To Pay Your Tax Debt?
Tax debts can be overwhelming, especially for those who arenât expecting them. If you are hit with a huge bill, you might be tempted to charge it all to your credit card. At least that gets the IRS off your back, right? Even though you may be able to escape the government with your credit […]
Read moreThe Difference Between Tax Resolution And Tax Preparation
Some people use the terms âtax preparationâ and âtax resolutionâ interchangeably, assuming that they mean the same thing. They represent two entirely different services though. Before you start working with a tax professional, you may want to know which kind you actually need. Here are some definitions to help you out. Tax Preparation Tax preparation […]
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