A tax abatement is usually rare, but there are two exceptions of circumstances where the IRS can withdraw a penalty. First, if you fail to pay fines, and secondly, if you fail to file your taxes returns. However, you have to make a written or verbal request for the reduction. ...

You should be compliant by paying your taxes promptly, but there are unavoidable circumstances that may prompt you to default in tax payment. In such cases, the internal revenue service will intervene, and you will be required to make a payment plan. The IRS can only exempt you from missing ...

If you wonder whether or not the IRS can garnish or seize retirement funds because of back taxes, you may be worried if you have not paid your taxes for years. Being a retiree does not exempt you from the IRS coming to collect what you owe.  However, there are ...

For many becoming an American citizen through naturalization is the chance to give their family a better quality of life and find opportunities that they may not have in their home country. But, naturalization is not as simple as filling out a form, and several key factors will determine whether ...

Dealing with the tax affairs of a loved one may seem like a painful prosaic issue to handle after they have passed away, but it is a process that should begin after a period of mourning. When a person leaves this world, they do not take their debts nor their ...

Of all the pieces of mail you don’t want to receive, one of the most daunting ones to have landed in your mailbox is a CP14 Notice from the IRS. If you’re wondering what one is and why it’s such an aggravation, let us explain: A CP14 is a notice ...

When you file taxes jointly with a partner, it can often be a way of splitting the stress and tedium of compiling a tax return. Some individuals even leave their spouse to do the work of filing, not seeing the document until it is handed to them to sign. However, ...

A passport is an all-important document you need to travel outside of the United States. However, you may have difficulty obtaining one if you owe back taxes to the IRS. You cannot only be prevented from applying for a passport if you currently have a passport, but it can also ...

We all forget things sometimes. Maybe an anniversary has slipped our minds; we have forgotten where we parked the car or left our wallet at home. But, what happens if you fail to do something more substantial like forgot to file taxes? Your first reaction to the situation may be ...