A Levy? What’s That? IRS and Other Asset Levies Explained Falling behind on your debts is never a fun place to be. It’s less fun when a levy is placed on your assets. In this article, we will explain what an IRS levy is, why it happens, and what you can do about it.… Read More
Filing for bankruptcy is a difficult and draining process. Individuals often feel ashamed, scared, or confused. If you find yourself with no other options, bankruptcy can be a good way to clear out old debts, change financial patterns, and most importantly make a clean start. Here is everything you need to know about filing for… Read More
A few people reached out to me and asked my opinion on President Trump’s taxes as recently reported by the New York Times-Impressive? Scandalous? Justifiable? Clever? False Information? Oh what I would give to see a copy of his returns for myself! Trump claims the reports to be false, but for the sake of the… Read More
Working from home can be a dream come true, especially if you also work for yourself. Opportunities for freelancers, gig workers and other self-employed men and women have exploded in recent years, giving people the freedom they long for without sacrificing the income they need. This is far more evident with the current COVID situation… Read More
Tax time will be here (again) before you know it. If your tax return is a simple one, you may be up to filing the return yourself. But if your situation is somewhat complicated, asking for the help of a qualified professional is probably the best move. Our firm specializes in helping people resolve their… Read More
Few people look forward to tax filing season. Unless you are an accountant who loves tax season, you probably dread this time of year, and you are relieved when your return is in and your refund is on the way or your tax debt is all paid off. When you sign your tax return and… Read More
Similar to when two parties come to an agreement in a lawsuit trial, a tax settlement is an agreement between the Internal Revenue Service (IRS) and the taxpayer to resolve tax debt. Though there are multiple ways to reach a settlement, they are designed particularly for people with severe financial hardships. In order to settle… Read More
If you are drowning in debt and working harder and harder to make ends meet, you may think a bankruptcy filing is the only way out, but that isn’t necessarily true. Filing for bankruptcy is one solution, but it is a drastic step that should only be taken as a final recourse. This is especially… Read More
With the filing deadline moving from the traditional date of April 15th to July 15th because of the coronavirus pandemic, it can be tempting to take as much time as possible to file your taxes. Most taxpayers look on the tedious task of compiling their financial records, tax documents and filing their taxes with trepidation.… Read More
Whether it is a global pandemic shutting the economy down for months on end, a stock market crash that leaves formerly giddy investors frightened and nervous, or a housing crisis that makes real estate a risky bet, living through times like these are never easy. Even so, how you handle yourself and your money during… Read More