Did You Pay A Tax Penalty During COVID? You May Be Due a REFUND
If you currently owe the IRS—or paid penalties during the COVID-19 pandemic—you may qualify for IRS penalty relief that could significantly reduce your IRS debt. A recent court ruling has created an opportunity for taxpayers to claim refunds on penalties and interest that may have been incorrectly charged during the pandemic. But here’s what most […]
Understanding IRS Wage Garnishment: Key Facts You Need
Tax garnishment occurs when the IRS takes a portion of wages to settle unpaid tax debts, following multiple notifications. There are limits to the amount garnished, dependent on filing status and dependents. Understanding this process helps individuals manage their tax issues, with options like payment plans and offers in compromise available.