Taking money out of a 401K for something other than your retirement isn’t easy, but there are some situations that allow you to access the funds

In an ideal world when it comes time to file your income tax return you would break even or if you are lucky receive a tax return. That is not the case for all individuals and as is often the case a tax bill is due that you are not able to pay in full [...]

When you finish filing your tax return you may find that you owe the IRS money. If you then find out that you cannot pay these taxes in full, this is not a good position, but all in all, one that you can work with. Of course, you need to pay your debt sooner rather [...]

When you can’t pay your taxes on time or in full you have various options available to you. This year, more than ever, taxpayers are receiving tax bills that they are unable to pay. The IRS is well aware that there are situations that arise that will make it difficult for everyone to comply with [...]

Robert Traylor, the former NBA star and athlete, according to the Boston Herald has about 13 days to setup a payment plan with the IRS for the $178,000 dollars he owes or he could go to jail for 60 days. US District Judge Avern Cohn stated that if he doesn’t setup the payment plan (Installment [...]

If you have tax problems and are looking for professional help it is important to find a reliable tax company to help. There are many companies out there that can help, large and small. Both large and small companies have their benefits. Depending on what you are looking for in a tax company and what [...]

As you know, the economy is affecting millions of people in a number of different ways. Some are losing their homes, others are losing their jobs, and many are finding it difficult to pay the taxes that they owe the IRS.