Couples who file a joint tax return are jointly liable for any tax debt. However, the law provides a way for a spouse to be relieved of a liability separate from his or her spouse....
Posted by Peter J. Marchiano, Jr., CPA on 02/14/2018
If you've been negligent in filing tax returns over the last few years, you could very well owe money to the IRS in back taxes. Even if you're up to date in filing, you could...
Posted by Peter J. Marchiano, Jr., CPA on 02/06/2018
If you owe taxes to the IRS, you should know about the IRS penalties for late filing and paying federal taxes because these penalties could increase your tax bill significantly. To...
Posted by Lone Star Tax Group on 01/18/2018
If you have unfiled tax returns or unpaid taxes then you may be steering towards an IRS audit. An audit could result in draconian tax sanctions such as a tax levy, tax lien or wage...
Posted by Advantage Tax Service on 01/04/2018
There are numerous differences between so-called civilian tax and military tax deductions. For one thing, combat pay is not taxable for enlisted personnel and, within certain limits,...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/04/2018
Tax debts are no fun. They can accumulate for a myriad of reasons ranging from ignorance concerning what should be done when filing taxes, to completely unfiled tax returns. Of course,...
Posted by Advantage Tax Service on 08/30/2017
Owing the government taxes is a situation every taxpayer dreads. The Internal Revenue Service (IRS) can be intimidating as it can subject you to wage garnishment, seize your properties...
Posted by Advantage Tax Service on 08/09/2017
Tax debts are no fun. They can accumulate for a myriad of reasons ranging from ignorance concerning what should be done when filing taxes, to completely unfiled tax returns. Of course,...
Posted by CROMWELL & ASSOCIATES, LLC on 05/24/2017
Most people do not fancy staying behind their tax commitments. Unfortunately, quite a few do not manage to keep up with the IRS. If you are one of them, you should be aware what...
