IRS Tax Notices When You’re Overdue: What Each Letter Means (and What To Do)
October 20, 2025
Fell behind on taxes and now the letters are stacking up? This quick guide explains the most common IRS balance-due and collection notices in the order many people see them—plus exactly what to do at each step. Good news: In most cases you can resolve tax debt without levies or liens if you act quickly.…
Can the IRS Seize Joint Bank Accounts? What You Need To Know
June 26, 2025
Can the IRS Seize Joint Bank Accounts? What You Need To Know Can the IRS seize joint bank accounts? The short answer is yes—under certain conditions, the IRS can access funds in a shared account, even if the tax debt belongs to just one account holder. That’s why it’s crucial to know how joint ownership…
How To Get Out Of Debt On A Low Income
March 25, 2025
January 29, 2025 Managing debt on a low income can feel challenging, but with the right steps, you can take control and work towards financial stability. If you’re looking for ways to get out of debt on a low income, this guide will walk you through practical, step-by-step strategies to reduce debt while making the most of your…
What Is Imputed Income? Meaning And Examples
January 3, 2025
Have you ever gotten a perk from your job—like health benefits for a family member or a company car—and thought, “Wait, does this count as income?” You’re not alone. That’s where imputed income comes in. It’s one of those financial terms that sounds more complicated than it is, but it can affect your taxes and even how…
Can The IRS Seize A Financed Car? What You Need To Know
December 13, 2024
Yes, the IRS can seize a financed car if you owe back taxes and have not made arrangements to pay your debt. However, the process is not as simple as it sounds. The IRS will assess the value of the car and calculate whether it will provide significant value after paying off any remaining loan…