Category: Tax Tips and Tricks

To start with, here’s what you must know about a possible refund. First, if your return qualifies for a refund there is no penalty for filing late. Second, if you do get a refund, remember that any amount gained will be held by the IRS if you omitted to file either of your 2022 or […]

In their lifetimes, many Americans will find themselves in this situation: receiving a letter from the IRS telling them they owe past tax. The truth is, we all forget things, including tax deadlines. Or, we’re not aware we qualify to file for taxes. Whatever the reason, it’s important to know how to file past tax […]

Knowing how to file past tax returns is a skill that can help you in a lot of ways. It keeps you from falling further into debt. It helps you keep track of your financial history. It can save you money or bills. It can make filing this years return go a lot faster. But […]

Now that the past year is winding down, and with next year’s tax season just ahead, there’s no better time to think about catching up on your past year tax filings. There is no good time to have tax troubles, but this year and next year could be particularly bad times. In the past, many […]

Most people who file past taxes get a refund, and even if you don’t, you can minimize your debt by filing A lot of people who owe back taxes see themselves as caught in a terrible catch-22: they think they owe lots of money, but they have no money to pay back their debt. For […]