Numerous Connecticut residents struggle to pay their taxes every year. If they let their tax debt grow year after year without making any payments, the Internal Revenue Service may issue a levy to collect. What does a levy do, and can one stop it?A levy is a legal...
No one wants to get audited. Few people actually do. Those Connecticut residents who are chosen for tax audits may find the experience unnerving, but with help, they can get through it. While audits might be rare, there is no harm in taking a few steps to avoid being...
The deadline for filing your 2019 federal income tax return will be here before you know it. Even though you may know the IRS is not auditing as many people as it used to, you still fear getting a notice in the mail that the agency wants to take a closer look at your...
This time of year, taxes are on just about everyone's mind, as the deadline to file is fast approaching. On March 12, however, it was announced that the April 15 deadline for this year's tax season will be pushed back. The new deadline has yet to be announced, but...
Numerous Connecticut residents have already filed their taxes for the year, and others are still working on it. Many people do not like to do their tax filings alone, so they turn to so-called professionals to do it for them. Unfortunately, some may find that doing so...