Most Recent Manage Money News

What is the IRS Federal Payment Levy Program? 

What is the IRS Federal Payment Levy Program? 

The IRS Federal Payment Levy Program (FPLP) is a powerful tool the Internal Revenue Service uses to recover overdue tax...

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Every Tax Deadline You Need to Know in 2025 

Every Tax Deadline You Need to Know in 2025 

Knowing important tax deadlines in 2025 is essential for staying compliant and avoiding late penalties. Whether you’re an individual taxpayer,...

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How to Report Passive Income 

How to Report Passive Income 

Passive income includes earnings from sources such as rental properties, limited partnerships, or other enterprises in which you’re not actively...

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How to Fill Out a W-4

How to Fill Out a W-4

When taxpayers report smaller refunds, more often than not, they can be credited to an outdated Form W-4. Unbeknownst to...

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How to Prepare for the New 1099-K Thresholds in 2025 

How to Prepare for the New 1099-K Thresholds in 2025 

The IRS will enforce new reporting thresholds for 1099-K forms starting in 2025. The changes will impact gig workers, freelancers,...

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How to File Back Taxes 

How to File Back Taxes 

Filing back taxes may seem overwhelming, but catching up is essential to avoid penalties, interest charges, and potential legal consequences....

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Can the IRS Take My Social Security? 

Can the IRS Take My Social Security? 

Social Security benefits provide a crucial lifeline to millions of Americans, particularly retirees, disabled individuals, and others who rely on...

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What is the IRS Collection Statute of Limitations?

What is the IRS Collection Statute of Limitations?

They say that death and taxes are the only two certainties in life. However, taxes are only collectible for so...

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Roth IRA Penalties: What Are They & How Do I Avoid Them?

Roth IRA Penalties: What Are They & How Do I Avoid Them?

Roth Individual Retirement Accounts (IRAs) are popular investment vehicles that offer tax advantages for retirement savings. However, it’s crucial for...

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How Much Should I Offer in Compromise? 

How Much Should I Offer in Compromise? 

When facing substantial tax debt, an Offer in Compromise (OIC) can be a potential lifeline for resolving outstanding liabilities. The...

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