tax resolution

If you are struggling with back taxes or IRS debt, you may have seen commercials and online ads that claim you can resolve your tax debts for less than you owe. But how true are these claims? Can you really resolve your tax problem without substantial long-term losses? Should you settle with the IRS? Tax […]

Did you take on a side hustle to make extra cash? You may have gotten a surprise at tax time! With careful preparation, you can turn your side hustle into a tax deduction. Without it, you could end up with an unexpected tax bill. Or even worse, with penalties and interest adding up. If you’ve

Won big? Don’t ignore the tax implications! Few things match the utter joy of drawing a winning hand or picking the fastest horse in a race, especially with money on the line. But if you win big, don’t forget you’ll need to give Uncle Sam his cut of your good luck before planning that long

You want your tax return as quickly as possible. What’s even more important is making sure you don’t get in trouble with the IRS. As the tax filing deadline nears, many taxpayers decide to do their own taxes. Though it may seem like a good idea at the time, you need to watch out for

Tax resolution experts know that tax season extends far beyond April. Minimizing your potential tax debt through a year-round effort can be far more effective than scrambling to find deductions near deadlines. If you want a lighter tax bill next April 15th, consider the following tips from our experienced tax resolution team at Tax Resolution

Should you get your taxes done by a professional? Is it worth going to a tax preparer? Whether it’s your first time filing, your tax situation has gotten more complicated, or you just want some extra help with your taxes this year, you may have questions. Here, we’ll answer some of the common questions about

You probably know that not handling your taxes properly can have serious repercussions, and you may already be facing them. The question now is how to find a reliable tax resolution firm that can help you fix the problem. If an IRS audit finds that you are late on filing, have misrepresented information on a

With the holidays swiftly approaching and the new year shortly following, now is the ideal time to prepare for tax season. As quickly as it arrived, the holiday season will soon pass. Then tax season will soon commence. With the right strategic planning and preparation, you can take a holiday from dreading next year’s Tax

Doing your own taxes can seem like a good idea. You may think you’ll save money on tax preparation fees, and you won’t have to meet with a tax preparer. However, there are common tax return mistakes that are often made by people who file their returns. Some can land you in trouble with the

This may be one of the toughest questions facing cryptocurrency investors right now. If you’ve made money with cryptocurrency, do you owe tax on the profit? The simple answer is yes, you probably do owe tax on money you made with cryptocurrency. The profit potential from investing in Bitcoin, Ethereum, Dogecoin and other popular cryptocurrencies is