Taxes and subsidies are integral components of a nation's fiscal policy, playing a pivotal role in the economic well-being of a country. In the United States, the Internal Revenue...
The Internal Revenue Service (IRS) is legally responsible for collecting federal taxes in the United States. Every tax payer understands that dealing with the IRS can be stressful,...
Posted by Pat Raskob on 09/07/2023
Tax liens and levies typically come into play when you do not pay the taxes you owe. Should you find yourself in this position, it is imperative to comprehend what steps the IRS can...
Posted by Pat Raskob on 08/31/2023
Self-employment taxes are typically levied on self-employment income of at least $400. The taxes cover Medicare and Social Security levies. Self-employment tax can be applied to any...
For everyone dealing with back taxes from the IRS, there are a couple of options to help you resolve the issue. This article explores several opportunities to settle the tax...
Posted by Pat Raskob on 06/15/2023
Dealing with tax issues can be stressful and overwhelming. But with the right approach, it's possible to resolve tax problems and get back on track successfully. Here are some...
Posted by Taxes Made EZ Inc on 04/21/2023
Liens and Levies are two different legal actions that the Internal Revenue Service (IRS) can take to collect outstanding tax debts from taxpayers. Understanding the difference between...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 02/07/2023
The Collection Due Process (CDP) is a time to take a break from the IRS by proposing a deal to avoid the IRS collection penalty. The process was enacted alongside the Internal Revenue...
Posted by Rosovich & Associates, Inc. on 12/26/2022
Have you ever wondered what happens if you don't pay your taxes by the deadline? Chances are, you are probably not alone. While not paying on time is a situation best avoided,...
Posted by Rosovich & Associates, Inc. on 03/10/2022