Posts Tagged ‘irs tax help’
How to Settle Tax Debt in 2025: A Guide for Taxpayers
If you’re struggling with tax debt in 2025, you’re not alone. CNBC recently reported that among those who owe taxes to the IRS, 25% of them expect to go into debt in order to pay their tax bill. Many Americans face challenges with unpaid taxes due to a variety of reasons, such as job…
Read MoreThe Types of Tax Relief (and Which One You Need)
Tax debt can be overwhelming, and if you’re dealing with a back tax issue, you’re not alone: Currently, over 11 million Americans owe a total of more than $125 billion in back taxes, and that number is only increasing. Fortunately, various relief programs are available to help alleviate the burden. These options differ based…
Read MoreWhat Is the IRS’ ‘Automated Collection Service’ and Why Is It Important?
Freshly revised in January of 2024, the IRS’ Automated Collection Service (ACS) is a functional arm of the IRS that exists with one primary directive: to collect taxes. Essentially, the ACS is a computerized collection inventory system that sends Notices of Federal Tax Liens (NFTLs), levies, and other physically mailed communication to taxpayers while…
Read MoreWhat Are Your Rights as a Taxpayer?
Did you know that according to US tax law, payment of income tax is actually voluntary? While this may be the case, if you voluntarily choose not to pay your taxes, it won’t be long before the IRS contacts you with a bit of persuasion. And if you ignore their love letters long enough,…
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