State Tax Debt: What You Need To Know
October 5, 2023
What Are State Tax Debt Settlement Options? State tax debt settlement options are various programs and strategies designed to help individuals and businesses resolve their outstanding state tax liabilities. Some may believe that state tax debt is less serious than federal tax debt. This is false. If you have failed to file to pay your…
Consequences Of Tax Debt
September 15, 2023
Owing the IRS and state revenues is extremely stressful. Both the IRS and state revenues have protocols and collection activities to collect past due balances. Being aware of such consequences may inspire you to take care of your tax debt sooner than later. Here are a few consequences to expect Interest and Penalties– Interest is…
Why Do I Owe Taxes This Year? 7 Common Reasons
August 28, 2023
All taxpayers share the same obligation: to file your taxes before the given deadline. But what happens when you file your taxes and find out that you owe a large amount of money to the IRS? You may be asking yourself: Why do I owe taxes this year? Why Do I Owe Taxes This Year?…
Understanding Tax Settlement: The Offer In Compromise
August 18, 2023
Tax settlement is also known as an Offer in Compromise (OIC). It is a tax relief resolution that is offered by the Internal Revenue Service (IRS) and State revenue services to taxpayers who are unable to pay their full tax debt. It is a formal agreement between the taxpayer and the IRS or state that…
BC Tax Review: Here Are The Details
August 7, 2023
We did the research. Here is the BC Tax review. BC Tax was established over 21 years ago. According to the company’s website, bctax.com, BC Tax has years of experience offering income tax services in Denver and Westminster, Colorado, as well as surrounding communities. The company is headquartered at 10385 Westmoor Dr. Suite 310 Westminster,…