Let Morgan Sebastian Law Help Solve Your Tax Problem
Dealing with debt can be overwhelming. However, when debt collectors start to get involved, it can escalate an already stressful situation. If you are given a summons by a debt collector, you must respond to the lawsuit. If you choose to ignore the summons, the court...
Determining the best strategy for filing your taxes can be complicated. Deciding whether to take the standard deduction or itemize and whether to claim your dependent’s income on your own tax return are just two of many options taxpayers must weigh when filing...
The W-2 tax form shows your salary information and the amount of federal, state, and other taxes an employer withholds from your paycheck. You need this document when filing your state and federal taxes. To ensure you have this form on top, the IRS requires that...
When a person cannot manage or make payments on their debt, they might seek assistance through debt settlement. According to the New York Federal Reserve, consumer debt reached $14.56 trillion in the last couple months of 2020. Debt settlement is an option for those...
Owing money for taxes that you don’t know how you will pay off can be unsettling. With 11.23 million Americans owing money to the IRS, you are not alone. While it may feel like a hopeless battle to get out of debt you owe the IRS, it is not an impossible feat....
The IRS may choose to audit a taxpayer’s accounts for a number of reasons. In general, the IRS has up to three years after the tax filing deadline to open up an audit. However, individuals who didn’t report 25% or more of their income can be audited up to...
