Owe the IRS? You’re not alone. In fiscal year 2024, individual taxpayers will owe an estimated $525 billion in tax debt.1 ...

A Southside CPA offers advice to taxpayers who haven't filed taxes in years. He emphasizes there are resources and strategies ...

First, the adjustable flat tax. The idea of a flat tax has been around for a long time. It has been proposed as a way to be more fair, to answer the criticisms that the rich don’t pay their fair share ...

Lori's tax troubles began after a divorce in 2006, leaving her burdened with $28,000 in back taxes. Financial hardships forced her to claim nine dependents to make ends meet, creating a debt that felt ...

Dealing with delinquent tax debt may be one of the most stressful financial challenges a person can encounter. After all, between the mounting penalties, the Internal Revenue Service (IRS ...

Fitch Ratings released a report warning that Congress could struggle to raise or suspend the debt limit while also dealing with annual spending bills and an anticipated tax reform bill.

As a result, you may feel overwhelmed at the idea of dealing with your delinquent tax debt, especially if you've allowed the issue to compound over time. But while taking care of old tax debt can ...

Most governments assume if spending is legally authorized then the necessary funds must be made available, either through taxes or borrowing. And although the debt ceiling fight will focus on ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

their team of experts can help you take the first steps toward resolving your tax debt. "Our personalized approach ensures that every client receives a solution tailored to their specific needs," ...