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12th September 2009
It has been a rough few years and many people have been having cash flow problems. In light of this, many have faced major tax problems based on the simple fact they don’t have the money that is due. One option in such a situation is an installment agre... Read >
Author: Thomas Ajava07th September 2009
One of the most confusing parts of IRS back taxes is whether or not they can be discharged through bankruptcy. To help anyone considering this option, please enjoy the following article explaining taxes and bankruptcy.
Chapter 7 vs. Chapter 13
The t... Read >
Author: Roni Deutch25th August 2009
No matter the causes, numerous people fall on financially hard times. The IRS may decide that you also should settle your tax debts, increasing the money owed to creditors. The IRS can be very unforgiving, unlike other bill collectors. If the IRS moves to... Read >
Author: getirshelp23rd August 2009
This probably won’t come as any great shock, but it’s never a good idea to go into an IRS office by yourself if you discover that you are being audited or that the IRS is looking upon you with suspicion. In such a case, you’re always better off tak... Read >
Author: nexplore18th August 2009
Figures in a recent National Audit Office Report show the amount owed to HM Revenue and Customs (HMRC) in the form of unpaid income, corporation and VAT has risen dramatically from £2.7bn in 2007-2008 to £28bn in 2008-2009. The reason for this rise sugg... Read >
Author: Derek Cooper27th July 2009
There has been a lot of talk about offshore tax evasion in the news lately. Especially in regards to UBS and new offshore tax evasion enforcement efforts between the U.S. and Switzerland. Unfortunately, many taxpayers do not pay much attention to these is... Read >
Author: Roni Deutch18th July 2009
As the recession continues, more and more Americans are seeking to negotiate with the creditors to forgive their debts. However, unlike mortgage debts, forgive credit card debts can lead to serious tax problems and even IRS tax debts.
Let’s be hones... Read >
Author: Roni Deutch29th June 2009
The key to avoiding tax debts, back taxes and IRS audits it to ensure that your tax returns are completely accurate. Many people are comfortable using the available software programs and other technology to file their own taxes. Even more rely on the ex... Read >
Author: Ross Garnaut19th June 2009
Borrowing money and then struggling to pay it back is something most people have faced at one time or another. Owing someone can be an uncomfortable situation even under the best of circumstance. Discovering that you owe the collection agency of the Uni... Read >
Author: Ross Garnaut18th June 2009
Getting "out of debt" is a common norm advised by many financial advisors these days. Getting out of "tax debt" can be very difficult since you deal with the IRS, and not common lenders. The IRS has powers to "garnish" your wages and create "havoc" as far... Read >
Author: Mabia Williams18th June 2009
Getting "out of debt" is a common norm advised by many financial advisors these days. Getting out of "tax debt" can be very difficult since you deal with the IRS, and not common lenders. The IRS has powers to "garnish" your wages and create "havoc" as far... Read >
Author: Mabia Williams12th June 2009
The country’s poor economy is making life hard for people of all ages, but for some senior citizens living in this country it may feel like things have gotten especially difficult. Many are finding themselves behind on their taxes, leading to penalties ... Read >
Author: Roni Deutch19th May 2009
It is important for anyone who is going through some form of financial hardships to be informed of some of the changes in the financial distress petition. This is especially important if you are considering going to court over the same. Anyone who has ove... Read >
Author: Peter Gitundu17th April 2009
Are you a small business owner who just found out that you owe taxes this year, but are short on the cash to pay your dues? If so, then you might be able to use invoice factoring to cover your tax debt. For peace of mind solution, factoring can help you a... Read >
Author: kgabriel13th March 2009
Owing IRS back taxes is not a comfortable situation to be in and one that—hopefully—can be avoided after reading this article. Below you will find some of the most common reasons people end up owing tax debts to the IRS and some helpful tips to preven... Read >
Author: Roni Deutch25th January 2009
Admit it – you’ve been thinking about bankruptcy. Perhaps you have credit card debts that are out of control. Maybe you are attempting to save your home from foreclosure or keep your car from being repossessed. The bills are piling up and the stres... Read >
Author: Luna26th November 2008
In monetary terms bill consolidation is the practice of transferring outstanding debts and loans into one bill consolidation loan. This consolidated loan amount should help convert all the interest from your other debts into one bill so that you must able... Read >
Author: Article Manager12th September 2008
Income tax debt relief can take many forms when you're ready to negotiate with the IRS. When you don't have the money to pay your income taxes, it can seem hopeless as the IRS notices pile up on the desk. But the truth is here are several ways to come t... Read >
Author: William McConnaughy09th September 2008
It should be well-known by now you can get federal income tax relief, but in fact a lot of people are still unaware of this fact. There are a number of ways to negotiate a settlement or payment agreement with the IRS. Unfortunately the IRS will probabl... Read >
Author: William McConnaughy09th September 2008
After people have filed for their annual tax return, they become aware that they owe the IRS a substantial amount of money. What makes matters worse for them is recognizing that they don't have adequate funds to cover all these tax debts. Good thing that ... Read >
Author: dmishesq05th September 2008
People often wonder if there will come a point when after a period of collecting tax debts, the IRS can no longer claim the money you owe them. Is there such a concept as statute of limitations n IRS tax debts? The answer is YES. The law allows the IRS to... Read >
Author: dmishesq03rd September 2008
The sub prime mortgage crisis has become a vital issue in the economy today. More and more people are being persecuted by this crisis. Though sub prime mortgages actually constitute only 7% of all the loans in the country, it accounts for 43% of the loans... Read >
Author: Jessica Bradbury14th August 2008
The IRS doesn't really want you to know you can settle tax debts for a percentage of the total owed. In many cases, the entire tax debt can be eliminated. The only way to find out about the various alternatives in any detail is to spend hours pouring over... Read >
Author: William McConnaughy21st May 2008
Thousands of taxpayers find themselves in debt to the IRS every year. Fortunately the IRS has several tax settlement programs available to taxpayers who cannot afford to fully repay their taxes. When a taxpayer settles with the IRS they are agreeing to pa... Read >
Author: Roni Deutch07th April 2008
In this day and age, when everything costs an arm and a leg, it’s nice to know there is one place you can go to get decent auto prices. Where is that you say? Government auctions of course! Practically every day somewhere in the country there is a gover... Read >
Author: Michele Cantrell21st December 2006
Ask ten people if you can discharge tax debts in bankruptcy and you will get ten different answers. The correct answer is that you can, but only if certain tests are met.
Getting Rid of Tax Debts in Bankruptcy
Bankruptcy is the great financial whi... Read >
Author: Richard Chapo19th September 2006
You have seen the advertisements promising you can make out like a bandit by purchasing foreclosed properties. Well, maybe you can and maybe you cannot.
Considering Purchasing a Foreclosure
Foreclosed properties are almost always a result of mortga... Read >
Author: Raynor James16th July 2006
The Tax Increase Prevention and Reconciliation Act of 2005 has ushered in new rules for settling tax debts with the IRS. Here is the scoop on the compromise procedures.
New Procedure for Settling Tax Debts with the IRS
If you owe the federal govern... Read >
Author: Richard Chapo
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