Tax Debt Help: Settle With The IRS
October 18, 2024
Getting tax debt relief as soon as possible should be your priority. The IRS is the strongest collection agency in the world and they have many ways of getting the money you owe them. If you owe the IRS, your best option is to cooperate with them or you can sink into a scary…
Tax Avoidance vs. Tax Evasion: What Is the Difference?
October 18, 2024
Understanding the difference between tax avoidance vs tax evasion is crucial for individuals and businesses. While they may sound similar, they have vastly different implications. Tax avoidance refers to legal strategies used to reduce tax liabilities, while tax evasion involves illegal activities to avoid paying taxes altogether. In this article, we will explore the key…
How Much Can Square Loan You For Taxes?
October 3, 2024
How Square Loans Can Help With Taxes Tax season can be stressful, especially when tax bills catch you off guard. If you’re a business owner or freelancer, balancing expenses while keeping your cash flow steady can be a challenge. Square Capital offers business loans that could help—but is it the right choice for your situation? Let’s…
How to Remove Tax Liens: Expert Tips
September 13, 2024
What Is A Tax Lien, And Why Should You Remove It? If you owe taxes to the IRS or state authorities, they can place a tax lien on your property. This gives the government a legal claim to your property until you pay off the debt. Removing a tax lien is crucial because it can…
What Is Imputed Pay: What It Means And Why It Matters
June 26, 2024
In the realm of taxation and employee benefits, understanding what is imputed pay and imputed income is crucial. Imputed pay refers to non-monetary benefits provided by an employer to an employee, which are considered taxable income by the IRS. These benefits, although not received in cash, are valued and added to an employee’s overall compensation…