What To Do If You Owe The IRS A Lot Of Money
If you owe the IRS, and have for a few years, the penalties and interest are piling up. This can really be a tough situation. Perhaps your income situation has changed or there was an error in your filing. Either way, you need to take care of it, and fast, to keep the penalties low. […]
Read moreWhat Should You Do If You Haven’t Filed Taxes in Years
What happens if you haven’t filed taxes in years? How many years can you go without filing taxes? Sometimes, life happens, and you can’t pay your taxes on time or collect all the information you need before the filing deadline. Whatever your reason for not filing, the Internal Revenue Service (IRS) takes not filing quite […]
Read moreTax Liens Explained
If you owe taxes, the Internal Revenue Service (IRS), state or local tax bureau wants to get paid. Sometimes, in an effort to get the money they feel they are owed, revenue departments will make a legal claim, known as a tax lien, against a piece of property you own. Tax liens are meant to […]
Read moreEverything To Know About An Offer In Compromise
Are you worried about a tax bill that you can’t afford? Are you hoping for tax debt forgiveness? Owing more in taxes than you can afford can worry any taxpayer. While you may not be able to attain complete forgiveness of your tax liability beyond filing for bankruptcy, you may be able to pursue another […]
Read moreBack Taxes Explained
Are you feeling overwhelmed by back taxes? Do you wonder when you’ll ever be able to escape the tax debt you’re in? With a little help from us at BC Tax, you can regain control of your finances and get rid of your back taxes. When you work with experienced CPAs, Enrolled Agents and tax […]
Read moreWhat Is Tax Resolution? Understanding Relief and Resolution
While less than ideal, tax debt is relatively common. If you owe money to the Internal Revenue Service (IRS), a debt-free life is on the horizon, and there are options to help you get there. Tax relief and tax resolution describe various policies and strategies for managing the debt you owe to the IRS. With […]
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