Should I File My Taxes If I Can’t Pay Them Anyway?

January 29, 2016

Do you owe money to the IRS? Should you file your tax return even if you don’t have the money to pay for it? While you may not have the cash to pay for your taxes, you also shouldn’t ignore the problem completely—because it won’t go away. If you are unable to pay your taxes…
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Prioritizing Debts: Should I Pay the IRS First?

January 17, 2016

Are you dealing with a combination of hospital and medical bills, credit card bills, student loans, car loans and insurance, utility bills, and IRS debts? Legally speaking, you have an obligation to pay all of your bills. However, what happens if you cannot pay all of them? Owing money to several creditors at the same…
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How Far Back Can the IRS Collect Back Taxes?

January 8, 2016

Do you owe money to the IRS? Do you ever wish they would just leave you alone? The good news is that in most cases, the IRS debt collection process ends eventually. As a general rule, the Internal Revenue Service has a statute of limitations on collecting taxes. The IRS has a total of 10…
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