5 Costly Mistakes To Avoid If You Owe The IRS

5 Costly Mistakes To Avoid If You Owe The IRS

Nobody likes owing money, especially to the IRS. But sometimes, tax season doesn’t go as planned, and you end up with a tax bill. While it may be tempting to ignore the debt or delay dealing with it, that’s one of the worst things you can do. The IRS has a long...
Determining The Offer Amount For IRS Offer In Compromise

Determining The Offer Amount For IRS Offer In Compromise

If you’re exploring ways to settle your tax debt with the IRS, submitting an offer in compromise might be on your radar. But figuring out how much to offer can be tricky—it’s all about finding that sweet spot the IRS will accept. This starts with understanding your...
How Long Does An Offer In Compromise Take? 

How Long Does An Offer In Compromise Take? 

If you’re dealing with overwhelming tax debt and finding it difficult to make ends meet, the Offer in Compromise (OIC) program could provide the financial relief you need. This IRS tax negotiation initiative allows eligible taxpayers to reduce their tax...
Understanding Michigan Property Taxes: What You Need To Know

Understanding Michigan Property Taxes: What You Need To Know

Michigan property taxes play a significant role in determining the overall cost of owning property in the state. Whether you’re a current homeowner or considering purchasing real estate, understanding how property taxes work is crucial for financial planning. In...
Why Would Offer In Compromise Be Rejected?

Why Would Offer In Compromise Be Rejected?

The IRS’s Offer in Compromise (OIC) program offers a way to reduce the total tax debt you owe, often helping individuals and business owners who are struggling financially. The idea is to settle your tax bill for less than the full amount due, but not everyone...