by mariettacp | Dec 31, 2010 | Money Tips, Tax Planning, Tax Tips
To maximize your pre-tax deductions, review your FSA contributions to make sure they match up with your spending. Increase the amount you set aside for next year in your employer’s health flexible spending account (FSA) if you set aside too little for this year....
by mariettacp | Dec 29, 2010 | Money Tips, Tax Tips
If the IRS is after you to collect a tax liability that’s beyond your capacity to pay, you should be aware of a technique that may allow you to settle your tax debt for a fraction of its face value. It’s called an offer-in-compromise. Like any creditor,...
by mariettacp | Dec 27, 2010 | Money Tips, Tax Preparation, Tax Tips
If anyone you know has failed to file tax returns when due, it’s important that they be aware of the ways to resolve such a problem. Many nonfilers missed a year for one reason or another, and now are afraid to re-enter the tax system. But in fact, taxpayers who...
by mariettacp | Dec 24, 2010 | Money Tips, Tax Tips
If the IRS is after you to collect a tax liability that’s beyond your capacity to pay, you should be aware of a technique that may allow you to settle your tax debt for a fraction of its face value. It’s called an offer-in-compromise. Like any creditor,...
by mariettacp | Dec 22, 2010 | Money Tips, Tax Tips
If you are involved in a dispute with IRS or are currently undergoing an audit, you should be aware of your rights to appeal tax determinations within IRS. This approach tends to be less costly and formal than litigating the matter in court, and often results in...
