Usatax Stories

Ultimately, the total income you make in any given year limits your tax debt. There are certain thresholds for the IRS's various filing levels by the IRS uses to decide...

If you do not know this already then let us tell you that in 2003, the IRS launched a new program known as the free file, yes! And this new program has saved a lot of am...

Filing a late tax return and paying your taxes after the deadline both call for penalties; however, there are various conditions under which the IRS will not penalize yo...

Do you want to know how you can pay off your student loans? We believe that every person can be free from the worry of student loan debts and pay them off by following s...

No one appreciates settling taxes. Most taxpayers flinch at the thought of having to hand over an essential part of their profits to the IRS. But all individual choices...

One of the most delicate issues tax professionals must challenge is supporting taxpayers to handle taxes for family members or treasured ones who are now deceased.

According to stats, about six percent of the United States of America's population declines to file their tax revenue. Late or unfiled tax records trigger a critical pro...

In case you cannot pay your taxes in full then you owe back taxes to the IRS. The sad part about back taxes is that they include interests and penalties on the unpaid ba...

Taxpayers should handle their taxes as quickly as possible to prevent growing fines and interest and lessen odds of being the point of an IRS tax examination. In case yo...

The IRS will examine different factors when determining to allow an appeal for an offer in compromise, including your capacity to repay, your assets, your investments, a...