IRS Tax Settlement Services Every year, millions of taxpayers find themselves in debt to the IRS. What is more, many of these taxpayers simply can’t afford to repay their full balances. For this very reason, the federal government put several tax settlement services in place to help taxpayers pay off their tax debt. These settlement services …
Your car got rear-ended at a red light. Your contractor did shoddy work on your condo. You were unfairly fired. If you’re collecting a settlement or judgment, is it taxable income? Usually yes, but taxes vary enormously depending on how you were damaged, how the case was resolved, and even how checks and IRS Forms 1099 were issued. …
The U.S. Tax Withholding Service ensures the appropriate U.S. non-resident alien (NRA) withholding tax gets applied on U.S.-sourced income paid to non-U.S. financial institutions holding securities at the Depository Trust Company (DTC). ABOUT DTC’s U.S. Tax Withholding Service ensures the appropriate NRA withholding tax gets applied on U.S.-sourced income paid to DTC’s direct non-U.S. participants or non-U.S. …
Are you curious about the state of IRS Tax Settlement in 2020? Then look no further. We’ve curated, vetted, and categorized a list of up-to-date stats and information below. Click to jump to a category, or keep reading for our top IRS Tax Settlement statistics and information. What Is A Tax Settlement? The Truth About IRS Tax …
Feeling overwhelmed by your tax debt? If the amount you owe is causing you anxiety because you have no clue how you’ll manage to pay it in your lifetime, you might want to look into an Offer in Compromise (OIC). An Offer in Compromise is a way to settle your taxes for less than what …
What’s an Offer in Compromise and who can Benefit? Read More »
While the obvious impacts of being broke involve not being able to pay bills and not having the freedom to do the things we like, there’s something that’s not as commonly addressed: our health. Let’s face it, financial abundance provides an enormous amount of freedom and peace of mind. When our finances are strained, on …
How Financial Stress Affects your Health (and what you can do about it) Read More »
