Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: May 14, 2026 Bankruptcy can wipe out some IRS tax debt, but only income taxes that meet four strict timing rules, and only if you’ve been honest with the...
Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: May 12, 2026 For most W-2 earners taking the standard deduction, tax planning isn’t worth the fee. For business owners pulling $200K+ in revenue, real...
Written By: Michael Vale Reviewed By: Bridgette Austin, Esq., EA, Co-Founder and Tax Attorney Last Reviewed: April 14, 2026 The IRS doesn’t follow the same rules as credit card companies or debt collectors. While most creditors are capped at 25% of your...
A tax audit is the IRS reviewing your return to confirm you reported everything correctly and paid the right amount. If you’ve never been through one, the word “audit” probably sounds worse than it is. But if you have been through one, you know it...
You don’t need a complicated financial plan to lower your taxes. Most people overpay because they don’t act until April, and by then, the best moves are off the table. The eight strategies below work for W-2 employees, self-employed filers, and retirees....
A tax return is the form you file with the IRS reporting your income, deductions, and what you owe. A tax refund is money the IRS sends back because you overpaid. You can’t get a refund without filing a return, but filing a return doesn’t guarantee a...
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