If you’re caught in back tax debt to the IRS, your financial situation is – to say the least – a difficult one.  And it can get worse with the IRS tacking penalties and interest onto the original debt.  That’s why knowing how to req...

When you’re dealing with the IRS, you’re in store for a wild ride. Representing yourself in tax court when dealing with the IRS in its efforts to collect your back tax debt is an idea that deserves many second thoughts. The Cons of Repres...

It’s your worst nightmare. There’s a knock on your door, you answer, and it’s an IRS revenue officer standing at your doorstep asking for a moment of your time. Getting audited is no laughing matter. If the IRS really wants, it can ...

Each year gives us the responsibility of filing our taxes and either getting a refund, or paying up. But while filing our taxes gets easier and easier every year with the help of technology and the internet, there’s some mistakes that we’...

Going through the IRS audit process is no day at the park. You’ll have to dig up old records, make your case to an IRS agent, and afterward, it could be for nothing if the IRS decides to stick you with a bill for back tax debt.  In this case, ...

Finding yourself in tax debt with the IRS is no laughing matter. That’s why it’s important to avoid all roads and bridges that lead to IRS debt. Americans get into debt with the IRS for all sorts of reasons. Some don’t have the time...

One of the most important assets consumers have is their credit score.  Our economy runs on credit. If you’re a business owner or investor, you know firsthand how important credit is. It can help you access loans and cash from financial instit...

Some people who end up in tax debt may try some creative ideas to make it go away. One of those ideas may be filing for bankruptcy. Bankruptcy typically provides a fresh start free of the piled up debt. While your credit may take a hit for a while, t...

Getting into debt with the IRS is certainly no laughing matter. With the IRS on your trail, your financial future can be unpredictable – and scary. You need to understand how to get out of tax debt for good. The IRS has all the time in the world wh...

If you find yourself in debt to the IRS because of back taxes, you might debate what to do and whether you should even pay it. Depending on your financial situation, the decision may be easier said than done. The time will eventually come when you...