If you receive an IRS tax letter in the mail, don't panic! While an IRS letter is not something you want to ignore, receiving one doesn't mean you have to close your doors and start an IRS payment plan. An IRS soft letter is often designed to inform you ...

With the rising cost of college tuition, many people seek financial aid assistance to make the cost of attending college more affordable. However, some individuals may find that their financial situations hinder them from receiving federal financial aid. One of the most common challenges people face when seeking federal financial ...

Knowing if you have any liability for back taxes is so important, and it depends on a variety of factors too. In this guide, you will find out if you are liable and the steps you need to take to ensure the best result out of your situation. How was ...

You may have thought you didn't need to file taxes because you didn't make enough money or other extenuating circumstances, or you may have simply forgotten to file your taxes. However, most people earn over a certain amount to file taxes. If it has been a significant amount of ...

Fulfilling your tax obligations is undoubtedly a crucial aspect of being a responsible and law-abiding citizen. In the United States, the Internal Revenue Service (IRS) is the governmental body tasked with ensuring that citizens pay their taxes in full amounts and on time. However, you may not be able to ...

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 ...