When it comes to understanding taxation debts, it’s crucial to realize that federal and state tax debts are not the same. They differ in various aspects ranging from calculation and submission to penalties and resolution processes. In this article, we will delve...
The Internal Revenue Service’s (IRS) hardship program, officially known as Currently Not Collectible (CNC) status, is a lifeline for taxpayers who are struggling financially. This program aims at providing temporary relief to taxpayers who can’t afford to...
When it comes to IRS tax relief programs, there’s a vast sea of information out there that can often be overwhelming. Consequently, numerous misconceptions and myths about these programs abound. This article will debunk some common myths and provide clarity on...
The impact of healthcare costs on your tax situation can be significant. In recent years, the subject of healthcare costs has been a topic of intense discussion. As medical costs continue to rise, many people find themselves wondering how these expenses can affect...
The Gig Economy, also known as the Freelance Economy, has seen tremendous growth over the recent years. It offers unique and flexible work options for millions, including the opportunity to be your own boss, flexible working hours, and working from your comfort zone....
As the world continues changing, natural disasters are becoming more frequent and destructive. One area often overlooked during these times is taxes. Taxes may not be foremost in people’s minds after being affected by a disaster, but it’s critical not to...
