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August 2014 Archives

IRS installment agreements: Paying the taxman over time

Although you might be the most conscientious taxpayer in Georgia, that salutary personal trait might have little meaning in the event of a major financial setback that materially challenges your ability to timely discharge outstanding tax debt.

Wanted, dead or alive (by the IRS): Your money

It may be hard for some to understand or to explain, but your tax liabilities do not end when you die. The IRS takes one last run at your assets through the estate tax. If you live in California, though, you can count yourself lucky: The state has not adopted its own estate or inheritance tax.

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