Claiming a nonresident dependent can change your eligibility for major tax credits and increase audit...
Discharged debt is a loan or obligation that a lender cancels, and the IRS typically treats canceled...
Amending a tax return can recover significant refundable credits like the Earned Income Tax Credit (EITC)...
An erroneously applied refund offset can take money you expected back. This guide explains the practical...
An erroneously applied refund offset happens when your tax refund is used to pay someone else’s debt....
Bankruptcy can sometimes eliminate or restructure certain tax debts, but rules are narrow. Understanding...
Bankruptcy can help resolve overwhelming tax debt, but Chapter 7 and Chapter 13 affect tax liabilities,...
A disallowed deduction is an expense the IRS refuses to accept on your return. Knowing how to respond,...
When the IRS disallows a deduction, taxpayers can often reverse the change by producing contemporaneous...
A filing extension gives extra time to submit your return but does not extend the payment deadline. That...