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 17, 2010 | Money Tips, Tax Planning, Tax Tips
Taking steps today to reduce your tax burden tomorrow is a smart way to manage your tax liability. Review your investment portfolio for opportunities to realize losses on stock while substantially preserving your investment position. There are several ways this can...
