Heading out to do some shopping? Check our list of August sales tax holidays to see if your state is on the list!
The term “abatement” means the ending, reduction, or lessening of something. Tax abatement, however, generally refers to the removal or reduction of taxes. There are several types of tax abatements,
Each year, millions of Americans owe federal income taxes. Although most taxpayers can pay on time, many find themselves with outstanding tax balances. When these tax debts go unpaid, penalties
The Internal Revenue Service (IRS) uses penalties to encourage people and businesses to file and pay their taxes on time. In fiscal year 2020, more than $14 billion was assessed
Did you know that there is an IRS statute of limitations that defines how long the government can pursue collections actions for outstanding tax debt? Generally, the IRS has up
Dealing with tax debt can be overwhelming, especially if you are struggling financially. Fortunately, the IRS offers various ways for you to address your back taxes. One of these options
There is a myriad of reasons why someone may find themselves struggling to get out of debt. They may have lost their job, become injured, or faced a serious illness.