Tax Debt During a Divorce: What You Need to Know Divorce can be an emotionally and financially challenging process, and dealing with tax debt during a divorce adds another layer of complexity. Understanding how to manage tax obligations during this time is crucial for both parties to ensure a fair and equitable resolution. This guide […]

Overdue Taxes: Nearly 1 in 4 Americans Affected While most Americans are current on their taxes, there’s little agreement on the best way to handle overdue taxes among those who aren’t. A recent GOBankingRates survey of more than 1,000 adults revealed that approximately 77% of respondents are in good standing with the IRS, but 23% […]

Tax Debt in America: What’s the Cause? Tax debt in the United States is a pervasive issue, affecting millions of taxpayers annually. Today, we’ll analyze the various factors contributing to the accumulation of tax debt among Americans, highlighting the complexities and common pitfalls that create this widespread financial burden, so that you might be better […]

18.6 Million Americans Owe Tax Debt to the IRS Tax debt is a critical financial issue that affects millions of Americans, posing significant challenges to both individuals and the federal government. Reports from 2023’s tax season showed that 18.6 million Americans owe tax debt to the IRS.  Today, we’ll delve into the various facets of […]

States With No Tax on Retirement Income Wouldn’t it be nice if you could avoid paying taxes, especially in retirement? While you can’t completely escape taxes, there are ways to significantly reduce your tax burden. For retirees, some states offer substantial tax relief, potentially saving you thousands of dollars annually. At TaxDebtLawyer.net, we help people […]

Top 10 Celebrity Tax Evasion Cases Celebrities often enjoy the perks of wealth and fame, but when it comes to the IRS, they face the same scrutiny as everyone else. Tax issues can lead to significant legal and financial consequences, as evidenced by these 10 high-profile celebrity tax evasion cases.  Let’s take a look at […]

The Consequences of Underreporting Deductions on Your Taxes Underreporting deductions on your taxes may seem like a tempting way to reduce your tax burden, but it can lead to significant legal and financial consequences. Understanding what constitutes underreporting, the common mistakes people make, and the potential repercussions is essential for every taxpayer. At TaxDebtLawyer.net, we […]

Protecting Yourself From Tax Debt Scams On April 4, 2024, the Federal Communications Commission (FCC) Enforcement Bureau took decisive action against Veriwave Telco, issuing a cease-and-desist letter due to an illegal robocall campaign promoting a so-called “National Tax Relief Program.” This program falsely claimed to offer solutions to rapidly clear recipients’ tax debt. The FCC […]

The Top 10 States with the Highest Tax Debt On April 4, 2024, the Federal Communications Commission (FCC) Enforcement Bureau took decisive action against Veriwave Telco, issuing a cease-and-desist letter due to an illegal robocall campaign promoting a so-called “National Tax Relief Program.” This program falsely claimed to offer solutions to rapidly clear recipients’ tax […]

How Past Tax Debt Affects Your Tax Refund During tax season, many taxpayers look forward to receiving a tax refund. However, for those with outstanding tax debt from previous years, they may be wondering if the IRS will take some of all of their refund if they have past tax debts. To answer the question: […]