Wage garnishments and bank levies are two of the most common methods creditors, including the IRS, use to get paid for delinquent accounts. These are legal actions creditors can take when you’ve failed to pay a debt. What Is Wage Garnishment? Wage garnishment is a court
The Coronavirus has sky-rocked unemployment in the US, leaving many Americans to struggle financially. If you have recently found yourself unemployed or furloughed due to COVID-19, you may have more pressing things to worry about than your 2020 income taxes. Unfortunately, unemployment income is taxable,
If you’re dealing with tax debt, you may worry that you’re never going to get ahead. How do you settle your debt without incurring interest, penalties or more debt? The IRS Fresh Start Program could help you affordably pay off what you owe the IRS. What
We’ve all been affected by the Covid-19 in one way or another regardless of whether we have been infected. Through the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Families First Coronavirus Response Act (FFCRA), the US government has tried to lessen the
The Coronavirus has changed childcare plans and created childcare related issues for many families. Most schools were closed in March and remained closed for the rest of the 2019-2020 school year. It is still unclear what the 2020-2021 school year will look like as policy
The novel coronavirus (COVID-19) pandemic has adversely affected many people and businesses. The government has been working to ease the financial impact of the pandemic through various relief and stimulus plans. Many of which have created opportunities to reduce personal and business taxes for the
When the IRS first announced the extended deadline for 2019 federal income tax returns, July 15, 2020 seemed like a lifetime away. But now that we are approaching the end of that automatic extension, it’s important not to lose track of time. Here’s what you