Category:
Tax
Many American businesses are disregarding President Trump’s order allowing them to temporarily stop withholding Social Security taxes from their employees’ paychecks. The plan, they say, is confusing and won’t produce…
Everyone knows the old saying: Time flies when you’re procrastinating. Seems like only yesterday we were breezing past April 15 — the traditional deadline for income tax filing — and…
Advertiser Disclosure Debt.org wants to help those in debt understand their finances and equip themselves with the tools to manage debt. Our information is available for free, however the services…
The United States operates under a progressive tax code, which means — all things being equal — the more you earn, the more income taxes you owe. (Exceptions apply; we’ll…
As calendar dates go, April 15 doesn’t exactly create the heart palpitations of December 25, February 14 or even the Fourth of July. However, you can’t deny that April 15…
If you used debt relief options – specifically, debt settlement – to escape severe financial problems last year, you’re probably still celebrating your good fortune. Slow down. The IRS has…
What is an Offer in Compromise? An “Offer in Compromise” is a little-known but remarkably effective way that thousands of people in trouble with the IRS routinely eliminate tens of…
There’s an old accountant’s joke about the difference between a legitimate tax deduction and a loophole. A legit deduction is the item you’re claiming. A loophole is the item your…
With the possible exception of trips to the dentist, filing tax returns is one of the least favorite things American adults have to do on a regular basis. Ignoring that…
Fledgling entrepreneurs usually focus on the bright side of their small business plans, not contemplating what to do if revenue nosedived and business taxes couldn’t be paid. Yet tax problems…