To make any important decision wisely, you first need to become well-informed about your options. Then you can weigh those options and make the best choice.
If you covered every square inch of a standard football field with stacks of crisp $100 bills, how high would those stacks reach to match our national debt?
Found so much interesting about taxes that wouldn't fit into our last blog, so had to give you more. Such as the income and taxes of the wealthiest tax return filers.
Can anything about taxes ever be fun?! We honestly think this is interesting stuff. Happy April 15th!
Because of financial tweaks to the Bankruptcy Code, as of April 1 you are a little less likely to have to repay some of your recent use of credit cards.
If you bought your home within 3 years and 3 months ago, bankruptcy law creates a maximum amount of homestead that you can exempt.
If you owe too much debt but still need the benefits of Chapter 13, consider "Chapter 20."
As of April 1, you can owe more debt and still qualify for Chapter 13.
Here is a summary of the changes. They apply only to new bankruptcy cases filed starting April 1.
To avoid owing income taxes April 15 of NEXT year, file a partial-year tax return and pay the tax on it through your Chapter 13 case.
If you had struggled to keep a business open, but have decided to throw in the towel, there's a good chance you owe taxes. Here's how to deal with them.
If you and your sole proprietorship business have fallen behind on taxes, Chapter 13 keeps you in business while solving your tax debt problems.
The IRS is just another creditor that you can get immediate protection from by filing bankruptcy. With some exceptions.
If you're filing an "adjustment of debts" Chapter 13 case, what choices do you have about your income tax refund?
If you're filing a "straight bankruptcy" case, how do you keep your income tax refund?