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…
IRS Audit Triggers: Top Red Flags That Can Trigger IRS Audits
Martha Stewart, Al Pacino, Lionel Richie—what do these high-profile celebrities have in common? They’ve all been audited by the IRS. When breaking news is released on notable people getting audited,…
Can I Get A Passport if I Owe Back Taxes?
If you currently have outstanding tax debt, you may be wondering, “Can you get a passport if you owe taxes?”. The answer depends on the severity of your debt. According…
Can I Buy a House if I Owe Back Taxes?
If you’re looking for your dream home, it can get complicated if you owe back taxes to the IRS. While it’s still possible to get approved for a mortgage with…
Will a State Audit Trigger a Federal Tax Audit?
The word audit might be one of the most dreadful words in the dictionary—and for good reason. No one wants to receive a letter in the mail from the IRS…
Why Do I Owe Taxes?
For many taxpayers, the amount of taxes that you pay can feel like a great mystery—even if you’ve been paying taxes for decades. One year a taxpayer may receive a…
Can the IRS Take Your House or Property if You Owe Back Taxes?
Yes, the IRS can seize personal property, including real estate, if a taxpayer has neglected to pay outstanding taxes. This action, also known as a tax levy, legally permits the…