In 2021, the IRS collected roughly $4.1 trillion in taxes. However, some people didn’t pay their taxes. The IRS will attempt to collect tax money when people fail to pay the money they owe. But, unfortunately, this isn’t a good place to be. Owing money to...
The Internal Revenue Service (IRS) offers a Fresh Start Program to help individuals and businesses resolve their tax debts and get back on track with their finances. The IRS Fresh Start Process is designed to make it easier for taxpayers to pay taxes and get relief...
Do you owe back taxes to the IRS and are struggling to pay them off? If so, you’re not alone. Millions of taxpayers in the United States face the same challenge every year. But the good news is the IRS offers various initiatives that can help you resolve your...
Did you know that the IRS returned $78 billion in taxes to 22 million people in 2022? What’s unfortunate is that when people overpay their taxes, the IRS doesn’t give you interest on the tax they’ve held onto. If you, however, are late with your tax...
Unpaid taxes are a fairly common problem for U.S. citizens. Americans owe the IRS approximately $114 billion between their actual back taxes, fees, and interest. Of course, that’s not all the debt in play for most people. Americans also have a lot of consumer...