The Taxpayer Bill of Rights (TBOR) lists ten rights that protect taxpayers in dealings with the IRS....
Bankruptcy can eliminate some federal income tax debts but not others; timing, type of tax, and whether...
A tax refund hold is a temporary delay the IRS places on a refund to verify identity, income, or credit...
A bank levy lets the IRS or a state tax agency seize money from your bank account to satisfy tax debts....
A Substitute W-2 refers to either a replacement wage statement issued by an employer or the employee’s...
Fringe benefits are employer-provided perks beyond pay that can affect both payroll taxes and employee...
An IRS account transcript summarizes the IRS’ record of your tax returns, payments, refunds, and account...
Selling a rental property typically triggers capital gains tax and possible depreciation recapture. Knowing...
An IRS collection action appeal lets you challenge liens, levies, and other collection steps with an...
Good recordkeeping proves your tax positions, reduces audit stress, and limits penalties. Organized,...