1-800-548-4639What To Do Once You Pay Off Your Tax Debt
You’ve finally escaped the inescapable — your tax debt. Lifting this burden from your shoulders can be a massive relief, but it can also leave you on edge about what to do after paying off debt. After pouring extensive time and resources into combating debt, you might not know what steps to take next. Maybe […]
Read moreWhat Are Enrolled Tax Agents?
What Are Enrolled Tax Agents? For many Americans, tax season comes with a bit of stress and lots of questions. Fortunately, with the right tax agent on your side, taxes don’t need to be stressful. An enrolled tax agent can help you with proper tax planning so you can potentially receive a larger refund or […]
Read moreAll About Tax Refunds
According to IRS data 8 out of 10 Americans receive tax refunds on an annual basis. The average tax refund is between $2,800 and $3000 and varies according to income group. Individuals earning an annual income less than $50,000 would typically receive tax refunds 84% of the time and normally in the region of $3000 […]
Read moreWhat Is Your Tax Bracket?
For you to be able to file your income tax and any other tax properly, it is important to know what your income tax bracket is, your filing status, and which income tax rates apply to you. When people talk about tax brackets, they are referring to the Marginal Tax Rate – the rate at […]
Read moreHow to File Back Taxes
The Internal Revenue Service (IRS) reports show that 11 million delinquent accounts in 2023 owed a combined $150 million in taxes, penalties and interest. Owing money to the IRS can cause persistent stress and spiral into larger debt. Filing your back taxes is the first step back to peace of mind and financial security, even if you have already missed […]
Read moreWhat Happens If You Don’t File Taxes?
Spontaneous travel, dates or parties keep life interesting. A surprise letter from the Internal Revenue Service (IRS), however, is not as fun to find. But it’s what you’ll get if you wait too long to report your income and settle your balance. Learning about the possible outcomes can inspire you to file your back taxes or get a […]
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