SITUATION: An elderly married couple contacted us with a tax debt of around $17K. They were very scared of the collection notices they were receiving and didn’t know how to deal with this situation. Living on a fixed income had not allowed them to afford to pay the taxes they owed for several years. INVESTIGATION…
SITUATION: A taxpayer contacted us to seek help with his IRS tax debt of approximately $83K Unfortunately, he is on a fixed income and had health issues that were not allowing him to pay back on his tax debt owed and was unsure of his options to have this taken care of given his situation.…
“I owe $20,000 in debt at a 28% interest rate, paying just above the minimum payments, and am not sure whether I should consolidate into a new (hopefully) lower interest rate loan or use debt settlement with a reputable company. Can you help me decide which is best for me?” Let’s look at the true…
November 08, 2024 Debt can be overwhelming, but finding the right company to help you navigate your financial burden can make all the difference. Alleviate Financial Solutions is one such company that specializes in debt settlement, offering programs designed to reduce the amount of debt you owe and relieve financial stress. But how effective is their…
When a spouse passes away, the emotional toll is often overwhelming. But few people realize that widows or widowers may face unexpected financial burdens due to something known as the “widow’s penalty.” This financial phenomenon can significantly impact the surviving spouse’s income, tax liabilities, and even access to certain benefits. In this article, we’ll dive…
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