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Owing money to the IRS isn’t so bad. Say what now? Yep, that’s right. It’s not such a terrible thing. Well ... as long as you’re broke, that is. Because if you have significant income or assets, the IRS is going to do everything they can to squeeze every last dime out...

It's no secret that for many people who get in hot water with the IRS, a very common reason is payroll taxes. For many, they aren't filing properly, "assuming" that their bookkeeper is handling it, or their payroll software. But that isn't necessarily the case, I'm...

Today’s topic has the benefit of ensuring your "financial fortress" is as airtight as it can possibly be, which has its own advantages. Ah, the wonders of financial documentation... Effective Financial Documentation Strategies For Taxpayers "You get older and you...

For many small business owners, and families, it can seem that the government has simply been throwing money around and not paying attention to what is done with it, or collecting what is due. But if you believe that the IRS won't come hunting for ways to recapture...

The unfortunate reality is that if you don't file a tax return -- even if you don't owe any taxes that year -- there can be problems. And, that is obviously the case if you do happen to owe taxes. Not only can the federal government stir up trouble for you, but each...

Every year, the IRS charges tax debtors a boat load of penalties. Just how much? If you’re in and you owe taxes, you should definitely take a look... To put this in perspective, the IRS budget for 2021 is about $12 billion. That means the entirety of IRS operations...

Stress. Anxiety. Unease. Worry. And a pinch of aggravation just to round it all out. No, I'm not talking about the next federal tax deadline. Or am I? For millions of Americans every year, the tax filing deadline points to a much bigger issue. An issue so pervasive...