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…
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…