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What Do I Do When I Owe Taxes?

What Do I Do When I Owe Taxes?

When you owe taxes, it's crucial to take proactive and responsible steps to address the situation. Ignoring it can lead to penalties and interest piling up over time. Start by thoroughly reviewing your tax return for accuracy and ensure you've claimed all applicable deductions...

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How Does Wage Garnishment Work?

How Does Wage Garnishment Work?

If you’ve received a wage garnishment judgment then you might be wondering how does wage garnishment work. It can be a scary and stressful time as you possibly face losing some of your income. The Tax Crisis Institute is here to walk you through everything and make sure you...

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What Is Wage Garnishment?

What Is Wage Garnishment?

Are you aware that your creditors or the Internal Revenue Service (IRS) have the legal power to force your employer to withhold a certain percentage of your wages as payment for money you owe them? We call this practice wage garnishment and it can be devastating to you. Wage...

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How Long Does Offer in Compromise Take?

How Long Does Offer in Compromise Take?

People get into debts for different reasons. For some, it’s a case of poor decision-making. For others, it’s because of unexpected medical bills, joblessness, and high standards of living. The problem with debts is that they can take away your dignity. You may feel ashamed to...

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Back Taxes and Your Credit

Back Taxes and Your Credit

When you owe the government unpaid taxes, we use the term back tax to describe the debt. Usually, this applies to the last financial year. The simplest way to get out of the debt is to pay your back taxes. This saves you from forcing the IRS (Internal Revenue Service) from...

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