IRS tax documents next to money on desk

How To Pay Off IRS Debt Fast

By Robert Shaw | March 14, 2024

For many Americans, the famous Shakespeare warning to beware the Ides of March better applies to the middle of April when tax season is upon us. Every year more people…

Gavel next to blocks that spell out tax

When To Hire a Tax Attorney

By Robert Shaw | March 13, 2024

A possible reason why scientists insist the human brain is the most complex thing in the universe is that they haven’t closely studied the U.S. tax code. In the 40…

IRS tax forms piled on desk

IRS Currently Not Collectible: What If You Can’t Pay the IRS?

By Maureen Milliken | March 13, 2024

If you are living paycheck to paycheck, or have more debt than you can pay, one of the consequences may be a tax bill that you can’t afford. If you…

Man working on taxes on his desk

If You Owe Taxes Can You Buy a House?

By Phil Sheridan | February 7, 2024

Larry and Loretta tried to do everything right. They saved money so they would have a down payment for buying a house. They tried to live within their means and…

Money on top of IRS document

What Is a Penalty Abatement Request?

By Sarah Brady | December 13, 2023

Taxes are an unavoidable fact of life, but the IRS is surprisingly flexible when it comes to some debts. If you owe a fee for filing your taxes late or…

Tax document stamped "audit"

How Long Does an IRS Audit Take?

By Sarah Brady | November 17, 2023

Does the thought of being audited make you want to hide under a rock? According to the IRS, audits are a major source of “concern, confusion and controversy” for taxpayers.…

IRS Payment Plans

By Maureen Milliken | September 29, 2023

A surprise tax bill can happen to anyone. One windfall or miscalculation in your payroll withholding, and suddenly you’re not getting a tax refund, but finding out that you owe…

Older man calculating tax for 401(k) withdrawal

401(k) Plans – How Contributions and Withdrawals Are Taxed

By Sarah Brady | March 8, 2023

In 2022, 40% of Americans said they were afraid they could never afford to retire Although many of us aren’t saving enough for retirement, a 401(k) plan can be a…

Woman surprised by her low tax refund

Why Is My Tax Return So Low?

By George Morris | February 24, 2023

Many financial advisers question the wisdom of getting big income tax refunds. But that’s a discussion for another day. If you’ve been getting federal refunds year after year, you’re probably…

Can the IRS Come After Me for My Parents’ Tax Debt?

By Robert Shaw | February 10, 2023

The old saying that nothing is certain in life except “death and taxes” has stood the test of time from the day Ben Franklin first uttered it. In retrospect, taxes…