Understand The IRS Form 1099-C And 1099-C Statute Of Limitations

June 14, 2024
Dealing with debt is stressful enough—then comes tax season, and suddenly, you’re hit with IRS Form 1099-C. If a creditor cancels a debt of $600 or more, they’re required to send you this form, and it’s also reported to the IRS. That canceled debt might now be considered taxable income, which can come as an…

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What Happens If A Form 8300 Is Filed On You?

May 28, 2024
Eric Pemper Founder, CuraDebt · Est. 2001 BBB A+ Rated · BBB Accredited · ACDR Member · 1,600+ Five-Star Client Reviews Last updated: June 25, 2026 What Happens If A Form 8300 Is Filed On You? The Real Answer If a Form 8300 is filed on you, it almost always just means you paid a…

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What If I Can’t Pay My Business Taxes? A Comprehensive Guide

February 2, 2024
Owning a business comes with many responsibilities, and paying taxes is one of the most important. But what happens when you can’t pay your business taxes? The good news is that there are options to help you navigate this situation and get back on track. In this guide, we’ll cover the consequences of unpaid business…

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The Top 10 Consequences Of Tax Debt And How To Avoid

January 29, 2024
Eric PemperFounder, CuraDebt · Est. 2001BBB A+ Rated · BBB Accredited · ACDR Member · 1,600+ Five-Star Client Reviews Last updated: July 5, 2026 The Top 10 Consequences Of Tax Debt And How To Avoid Unpaid tax debt grows daily and escalates through predictable stages. The biggest consequences are penalties and interest, a federal tax…

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Difference Between Accepted And Approved Tax Return

January 3, 2024
By Eric Pemper, Founder of CuraDebt Helping people resolve IRS and state tax debt since 2001 · BBB A+ Rated Last updated: June 15, 2026. Tax Return Accepted vs Approved: What the Difference Really Means What is the difference between a tax return being accepted and approved? Accepted means the IRS received your return and…

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