Time to Come Clean About Your Cryptocurrency Holdings
After years of flying under the radar, taxpayers who hold Bitcoin, Ethereum, Litecoin, and other cryptocurrencies are finally getting scrutinized by the IRS its time to come clean about taxes on…
C is for Currently Not Collectible
C is for the Currently Not Collectible Status from the IRS Big companies are known for getting all sorts of breaks, but when average people fall behind, they rarely receive help. When you owe back…
B is for Back Taxes
Owe Money to the IRS? It’s Called Back Taxes Back taxes refer to taxes owed from a prior year. A taxpayer may be behind in paying taxes for intentional or negligent reasons. Some of these…
Is it Bad to Settle With the IRS?
You may have heard on the radio, T.V., and online, that you can settle your tax bill for less than what you owe. But are these claims really true? And can you settle your tax debt without hurting…
Steps to Take if You Received a Surprise Tax Bill
There have been a lot of stories about surprised taxpayers this year, and many of those surprises were decidedly unpleasant. Taxpayers who had received large refunds for years were shocked to find…
Shakira Pays $25 Million in Back Taxes
Shakira has reportedly paid a major bill for back taxes owed to the Spanish government. According to numerous reports, this international superstar has paid more than 20 million Euros - or $25…
