In the United States, it is the job of the Internal Revenue Service (IRS) to collect unpaid taxes due to the federal government. As an administrative agency, the IRS falls under the regulation of the U.S. Department of the Treasury. If you are delinquent in paying your taxes, chances are a person called an Internal ...
With the current nationwide trend of rapidly increasing real estate property values many homeowners are realizing a dramatic increase in their property taxes that are due each year. In some cases, especially senior citizen homeowners, this increase in property taxes is threatening their ability to afford to live in their homes. Luckily some states have ...
As the owner of a tax school, one of the questions I hear the most from prospective students is “What kind of education do I need to become a tax preparer?” Most are surprised when I give them the answer. More people ask me how to become a tax preparer during the first four months ...
For an administration enamored with raising taxes, the Obama administration is replete with people who don’t pay theirs. Treasury Secretary Geithner and Health and Human Services nominee Tom Daschle are examples. First there was the problem that Treasury Secretary Timothy Geithner created for himself while working at the International Monetary Fund between 2001 and 2004. ...
Many investors have taken to buying bank notes to bolster their investment portfolios, and this might be a good opportunity to consider if you’re thinking about diversifying. With the latest real estate market meltdown, financial institutions and mortgage lenders are suffering under the weight of sub-performing and non-performing loans. If you have liquid capital sitting ...
Good news for Nicholas Cage fans. He is slowly erasing the debt he owes to the IRS and Uncle Sam. E Online is reporting that he just paid off a whopping $600,000 bucks to finally paying off a humongous $6,000,000 back tax that he owes. The big Hollywood star of such films as “Ghost Rider” ...