A Taxing Situation Timely Tax Tips for Cryptocurrency Investors

A Taxing Situation: Timely Tax Tips for Cryptocurrency Investors

Until recently, cryptocurrency investors have mostly flown under the radar as far as taxes are concerned. Now those days are coming to an end, and many holders of virtual currency are scrambling to understand what they owe and how their investments may impact their finances. The IRS has already…


If You Dont Have Money to Pay Your Taxes You Have Legitimate Options

If You Don't Have Money to Pay Your Taxes, You Have Legitimate Options

If you don't have money to pay what you owe the IRS, you have a few options to work with. Whatever you do, don’t ignore the letters from the IRS and don’t let your back tax problem go unattended. The IRS has a great deal of power when it comes to recovering money they think is theirs. When you owe…


Achieve Tax Resolution with an Offer in Compromise

Achieve Tax Resolution with an Offer in Compromise

An offer in compromise is the IRS’ tax resolution debt settlement program. It’s a program for taxpayers who owe the Internal Revenue Service more money than they can afford to pay. It’s the IRS’s version of a “fresh start” when it comes to tax debt. If approved, the IRS accepts a lesser amount…


Do You Owe Back Taxes Why You Should Stop Panicking and Start Planning

Do You Owe Back Taxes? Why You Should Stop Panicking and Start Planning

If you owe back taxes to the IRS, some amount of panic is understandable. After all, the Internal Revenue Service has the power of the federal government in its corner, something no other debt collector can claim. They are considered the most brutal collection agency on the planet. It is easy to…