Did you know that in 2021, Americans owed a total of $134 billion in assessed taxes, penalties, and interest? If you’re behind on your taxes and owe money to the IRS, there’s a way out. The IRS Fresh Start Program can be your lifeline. This article will...
Two million New Jersey homeowners and tenants would receive $2 billion in tax relief if the state budget’s ANCHOR (Affordable New Jersey Communities for Homeowners and Renters) Property Tax Relief Program were ratified, Gov. Phil Murphy and Democratic leaders...
Did you know that Americans owed $133 billion in back taxes in 2021? If you’re struggling to pay back your taxes, you’re not alone. But not paying your taxes can lead to severe consequences if you aren’t careful. Thankfully, many tax relief programs can help you get...
Are you worried about missing tax payments to the IRS? If you start missing payments, the IRS has several legal ways to collect tax debt, which can be frightening to face. Two of the tools available to the IRS are a tax lien and a tax levy. In this article,...
Surveys indicate that a majority of Americans are worried about filing their taxes incorrectly. The big bad taxman has a lot of power, and people recognize that mistakes at tax time could come back around to haunt them. The biggest issues come when people fail to pay...
Has the pandemic had any impact on taxes? In the second quarter of 2020, the economy hit its lowest point. The pandemic had caused food and housing insecurity as well as mass layoffs. Unemployment rates skyrocketed, so much so that unemployment offices struggled to...
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