Let’s be honest—owing the IRS is stressful, and it’s no surprise that many people avoid addressing it. Often, it’s fear of the unknown that holds people back. The truth is, ignoring your tax debt doesn’t make it go away; it only makes things worse. You might think,...
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...
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...
When you’re looking to purchase a home, several financial aspects will influence your decision, with one critical factor being whether you have outstanding taxes. The short answer is: “it depends.” The situation can become complicated, so consulting...
April 15 rarely tops anyone’s list of favorite days, but for tax attorneys like us at Austin & Larson Tax Resolution, it represents something much more important—a chance for a fresh financial start. It’s the culmination of months of preparation and hard...
Winning the lottery is an exciting event, but it’s essential to understand the tax implications that come with it. In most cases, lottery winnings are considered taxable income, which means you’ll need to pay taxes on the amount you receive. The specific tax...
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