Roth IRA Penalties: What Are They & How Do I Avoid Them?
Nov 8, 2024Roth Individual Retirement Accounts (IRAs) are popular investment vehicles that offer tax advantages for retirement savings. However, it’s crucial for...
- 43
Most Recent Manage Money News
Manage Money
How Much Should I Offer in Compromise?
Nov 7, 2024When facing substantial tax debt, an Offer in Compromise (OIC) can be a potential lifeline for resolving outstanding liabilities. The...
- 43
Manage Money
I Overstated My Tax Deductions. Now What?
Nov 5, 2024It’s easy to make mistakes when filing taxes, especially when it comes to deductions. You might accidentally overstate your tax...
- 39
Manage Money
What is the Widow’s Penalty?
Nov 3, 2024Losing a spouse is an emotionally overwhelming experience, and unfortunately, for many widows, the challenges extend beyond the realm of...
- 46
Manage Money
Can I Claim My Parent as a Dependent?
Nov 2, 2024Caring for an elderly parent can be a financial toll, especially when you also have children to care for. Claiming...
- 51
Manage Money
My OIC was Rejected. Now What?
Nov 1, 2024If your Offer in Compromise (OIC) is rejected by the IRS, it can feel discouraging, but you still have options....
- 40
Manage Money
Can I Modify My IRS Payment Plan?
Oct 31, 2024When faced with tax debt, an IRS payment plan, also known as an installment agreement, offers a lifeline. It allows...
- 36
Manage Money
My Tax Debt Hit $50,000. Now What?
Oct 30, 2024When your tax debt reaches or exceeds $50,000, the situation becomes more serious with heightened IRS collection efforts and potential...
- 37
Manage Money
The IRS Filed a Substitute for Return. Now What?
Oct 26, 2024One of the most significant obligations U.S. taxpayers have is to file an annual federal tax return. However, life gets...
- 45
Manage Money
How to Stop an IRS Levy
Oct 25, 2024An IRS levy is one of the most severe collection actions the IRS can take against a taxpayer who owes...
- 54
