Tax Matters - The Top Tax Defenders Blog

As a taxpayer, the idea of getting a big refund from the IRS each year may appeal to you. In your excitement, however, it is important for you to remain guarded before handing out your personal identification information. You can protect yourself from being taken advantage of by identity thieves during tax season and other times of the year by knowing what IRS scams to avoid.

Owing back taxes to the IRS threatens your finances and income. However, because of the FAST Act it can now put your ability to apply for or keep a passport in jeopardy. If you owe an IRS tax debt, you will benefit by learning if the FAST Act applies to you and how you can resolve your debt quickly to protect your passport. 

Sending your children to day camp or summer camp can be an expensive endeavor. Even so, you may believe you have no other option for child care if you are working or going to school full-time or on the lookout for new employment. 

Tax season is stressful enough without having to worry about incurring IRS penalties. The IRS does not randomly assess penalties on people's tax obligations. 

When you owe the IRS money, you put yourself at risk of having your bank account levied. A bank levy can invite financial hardship into your life and make paying everyday bills more difficult. However, you do have options for avoiding or removing an IRS bank levy. 

The IRS gives you until April 15 every year to file and submit your tax returns. Despite this generous deadline, you may find it difficult or impossible to get your taxes done on time this year. 

Tips for Filing Your 2017 Taxes at the Last Minute

The tax filing season is quickly winding down for this year. If you have not yet filed, you do not have to feel panicked or rush to make this year's April 17 deadline. You can submit your return confidently by using these five last-minute tax filing tips.

Preparing to Prepare – Get Ready to File Your Taxes

Get ready for Tuesday, April 17, this year’s deadline for filing federal taxes with the Internal Revenue Service (IRS). The preparation required to put together your return can be a headache and a chore. You’ll spend time getting receipts in order and collecting tax paperwork received in the mail. Making sure you have everything needed to sit down and prepare your taxes or hand them to a professional is often just as much work as preparing the tax return. Here are some tips for getting ready to file your taxes.

Millions of people each year struggle to pay what they owe to the IRS. Estimates say that at least one person out of six in the U.S. either owe the IRS money or are facing other tax crises like failing to file tax returns. When you count yourself as one of these statistics, you can deal with your IRS tax issues and enjoy the numerous benefits that come with hiring a tax professional to help you.

When you borrow money from the federal government to go to school, you are expected to pay back that loan with interest after you graduate. You cannot ignore your obligation to repay your student loans.