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Showing posts from February, 2022

Avoid the April 15 Blues - Take a Step-by-Step Approach to Your Taxes This Year

  Avoid the April 15 Blues - Take a Step-by-Step Approach to Your Taxes This Year   It is no wonder so many Americans dread the April 15 tax filing deadline. The U.S. tax code already contains more words than the Bible, and hundreds of pages of new rules and regulations are often added.   With so much complexity, it is no wonder so many of us put off filing our taxes until the last possible minute, but taking that approach introduces its own stresses and can potentially land you in hot water with the IRS. What if you do not get it done on time? You can file for an extension, but you are still required to pay the taxes you owe plus penalties and interest. How do you know you didn't make a mistake with your last minute tax filing? Something as simple as a mathematical error could increase the odds of an audit and put you in the crosshairs of the IRS.   We specialize in helping people who owe $10,000 or more to the IRS or have years of unfiled tax returns, so we’ve seen ou

What Can the IRS Do to Collect Back Taxes? Issue #9

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