The COVID-19 Pandemic threw a wrench in the works for the IRS, leading to office shutdowns and reduced capacity across the board. However, this won’t be the case for much…
Does Owing the IRS Affect Your Credit Score?
If you’re behind on taxes, you might be wondering if owing the IRS hurts your credit score. Negative marks on your credit score can have a lasting impact, making it…
Can I Pay Taxes in Installments?
When it comes to paying your taxes, punctuality is key. Failure to pay the amount you owe by your original filing due date will tack interest and a monthly penalty…
How Long Does a Tax Lien Last?
Tax liens are just one of the many collection methods the IRS has at their disposal. But did you know that they do not last forever? Read this article to…
No Credit VS. Bad Credit
Credit is one of those concepts that’s mind-boggling for many consumers. One day your score is rated as “Good” and just months later it’s knocked down a few points for…
Common Deductible Business Expenses: Infographic
All common expenses for businesses must meet the IRS definition of ordinary and necessary. Find out which common expenses for business are deductible on the following infographic. Remember that the…
Student Loan Tax Offset Hardship Refund: How to Request Garnished Tax Refunds Back
College is a time for you to become independent, make lasting memories, and pursue an education that leads to a career you’re passionate about. However, higher education can come at…
How Much Should I Offer In Compromise to the IRS?
Life can be expensive—student loans, mortgage payments, buying a car, food, insurance. On top of these costly expenses, you’ll also receive a yearly visit from Uncle Sam asking for…