Tax Discharge and Expiration

By Top Tax Staff

Wouldn't it be great to get rid of your tax debt without any consequences? Unfortunately, it's not a common option. At least, not without understanding how the IRS sees discharging or expiring your tax debt. 

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Understanding Your CSED

By Top Tax Staff

Oh, no! More alphabet soup from the IRS. How can you understand your CSED if you don’t know what it stands for? 

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Is the IRS Required to Give Me a Payment Plan?

By Top Tax Staff

In a perfect world, everyone could pay their taxes in full and on time. Oh, who are we kidding? In a perfect world, there would be no taxes! 

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Settle Your IRS Tax Debt: Step by Step

By Top Tax Staff

Do you owe back taxes? You have options for tax debt settlement that can help you get straight with the IRS. It’s no fun getting letters from the federal government that show your tax debt rising with every month that goes by.

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I Forgot to File My Taxes: What Do I Do?

By Top Tax Staff

If you somehow missed all the pop-up ads, TV commercials, and people dressed up in character costumes in front of tax preparation offices, Tax Day was April 18th. Individual taxes were due then, but if the date slipped by without you noticing, you are now late on your taxes.

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Can You Negotiate Your Back Taxes With the IRS?

By Top Tax Staff

If you did not pay your income tax liability or underpaid it, you now owe back taxes. Back taxes continue to grow by incurring interest and penalties, adding insult to injury. 

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How to File Back Tax Returns

By Top Tax Staff

Nothing sets the nerves on edge quite like the need to file back tax returns. Deserved or not, the IRS has a reputation for making life difficult. (We will admit they are trying to be nicer.)

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New Ebook: Settling With the IRS When You Haven't Filed Taxes in Years

By Top Tax Staff

If you haven’t filed your income taxes for a while, you are probably wondering what to do now. Should you continue your habitual non-tax filing behavior? Or should you throw yourself on the mercy of the IRS?

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Settling Your IRS Debt: What To Do When You Owe Back Taxes

By Top Tax Staff

If you could not pay your taxes in full, you owe back taxes to the IRS (and possibly to the state you live in if there is a state income tax). The thing about back taxes is that they accrue interest on the unpaid balance from the time of nonpayment until it is completely paid off. So you wind up paying more than the original amount.

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A Bank Account Freeze? What Do I Do?

By Top Tax Staff

Have you received an IRS notice of levy on your bank account? That’s another name for an IRS bank account freeze or seizure. It happens when you don’t pay your tax debt.

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