When you find yourself in over your head with your tax debt, you may want to consider the concept of tax relief and settlement. The IRS offers a number of ways to get you to pay less, but the only settlement option is an offer in compromise (OIC). Through this process, you and the IRS agree to reduce the amount […]
Tax filing or the process of collecting federal, state and local taxes can be time consuming and daunting. Unfortunately, many taxpayers unintentionally give themselves extra trouble by not thoroughly preparing for their yearly return. The IRS recommends that all taxpayers learn and prepare their estimated tax payments for the current year before submitting their return. However, many taxpayers do not […]