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...
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...
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...
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...
When a loved one passes away, settling their final tax bill can become a necessary part of managing their estate. If their taxes were not filed before the deadline, you may need to file a late return on their behalf. Filing late taxes for someone who has passed away...
Dealing with tax debt can be challenging and stressful. If you owe money to the IRS and haven’t resolved your tax debt, you may worry about whether they have the authority to seize your assets. Knowing which assets the IRS can take is essential, especially for... 
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