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...
While the year 2020 may still be in its early stages, tax season will be here in the blink of an eye. Many Connecticut residents are already fast at work getting their taxes completed, and some are finding that they owe the Internal Revenue Service more than they can...
Every year, numerous Connecticut residents find themselves unable to pay their taxes. If you find yourself in this position, there are various ways you can pay off your tax debt without doing too much damage to your pocketbook. One way is through installment...
Owing money to the IRS is not an attractive prospect for anyone here in Danbury or elsewhere. Even so, many people do. The agency now uses private debt collection agencies to collect back taxes or tax debt, and recently instituted a new way to set up multiple payments...
Do you owe the Internal Revenue Service more money than you can pay at present? If you do, you are not alone. Numerous Connecticut residents find themselves in this position every year. Thankfully, you may be able to seek an Offer in Compromise in order to resolve the...
Come tax time, all Connecticut residents hope that they will have the ability to pay their tax bills. Unfortunately, some cannot. Having tax debt is something that can weigh on a person's mind and pocketbook, as the longer tax debt is carried, the more one will owe in...
While most Connecticut residents filed and paid their taxes on time, there are those who found themselves unable to meet their tax obligations this year. It can happen to anyone. How one decides to deal with tax debt is what matters in this type of situation.Some...
Every year, there are those in Connecticut who, come tax season, learn that they owe the Internal Revenue Service a significant chunk of change. If they cannot pay it, some may choose to let it slide -- which can have significant consequences and ultimately end up...
Numerous Connecticut residents depend on passports for their travel needs. Unfortunately, individuals with tax debt may find that they are unable to obtain passports until they start paying the Internal Revenue Service. Depending on one's financial situation, that may...
Did you fail to file a tax return? Maybe you just did not make your full tax payment. Either way, you are one of the numerous Connecticut residents who owes back taxes, and the Internal Revenue Service has tacked on a significant amount in penalties to the amount you...