Can Unpaid Taxes Affect Your Credit?
Do unpaid taxes hurt your credit score? Understand how tax liens work, how they impact your report, and the steps you can take to remove them and avoid future debt.
Taxes
Tax codes change all the time but there are some things that remain the same — tax levies, how to avoid an IRS audit, and how to negotiate back taxes with the IRS. All of these topics, and more, are covered in the articles below.
What Are the Different Types of Tax Levies?
Explore the different types of IRS tax levies, including wage garnishments and bank account seizures. Learn your rights and how to stop a levy with professional help.
What is Taxable Income and What is Not?
Not all income is taxable. Learn what counts as taxable earnings, common exemptions, and tips for keeping your records straight to avoid surprises during tax time.
What is a Tax Lien?
Understand the impact of a federal or state tax lien on your property and credit. Find out how to avoid liens, how to get them released, and the Fresh Start program.
What is an IRS Tax Levy?
Learn about IRS tax levies and how they differ from liens. Discover the requirements for a levy, how to challenge its validity, and how to request a legal hearing.
What is an IRS Offer in Compromise and is it Right For You?
Could an Offer in Compromise help you settle back taxes for less? Explore eligibility requirements, payment options, and how to correctly file with the IRS for relief.
Process of Negotiating with the IRS to Reduce Tax Debt
Struggling with large tax debt? Learn about your options for negotiating with the IRS, including installment plans, offers in compromise, and hiring a specialist.
College Graduate’s Guide to Filing the First Tax Return
Just graduated? This guide helps you navigate your first adult tax return, from gathering documentation like W-2s to choosing between DIY software and pros.
Tips to Avoid an IRS Audit
Concerned about being audited? Follow these essential tips for keeping organized records, hiring a professional accountant, and filing accurately to stay off the radar.
What is Alternative Minimum Tax and How is it Calculated?
Learn about the Alternative Minimum Tax (AMT) and how it affects upper-middle-income earners. Discover strategies to avoid or minimize AMT exposure through planning.
The Complete Guide to Taxes, Tax Liens, and Tax Levies
Get a comprehensive overview of taxes, liens, and levies. From avoiding audits to negotiating debt, this guide helps you manage your relationship with the IRS.
What If I Owe More Than $25,000 in Federal Taxes?
When it comes to federal taxes, perhaps the only thing more stressful than preparing them is owing taxes you cannot afford to pay.