While falling behind on tax obligations can be stressful enough as is, those who face similar issues may also have concerns about the repercussions they might face if they struggle to catch up on payments. Outstanding tax debts could trigger a variety of challenges,...
Tax Debt
Are issues with tax debts more common among certain age groups?
While most individuals may wish to take every possible measure to stave off issues with back taxes, things might not always prove so simple. There may be a variety of scenarios in which individuals in Georgia might encounter similar trials, regardless of age. However,...
Can debt forgiveness lead to issues with tax debts?
Preparing to seek relief from debt concerns can be a stressful process and there may be a variety of options to consider prior to choosing a path forward. While obtaining relief via debt forgiveness or cancellation can take a significant weight off one’s shoulders,...
Qualifying for currently not collectible status
While facing high tax obligations can be harrowing under any scenario, there may be some instances in which similar trials could place a significant burden on one’s life. Individuals in Georgia who struggle under the weight of significant tax debt burdens may have...
Are tax debts eligible for discharge via bankruptcy?
There may be many scenarios in which tax obligations might prove significantly higher than expected and facing similar forms of debt can be a harrowing experience. Individuals in Georgia who encounter issues with overdue tax debts and worry that they will struggle to...
Factors to address when facing tax debts as a business owner
While paying taxes is a responsibility all business owners might face, there may be some situations in which tax bills could end up being much higher than one expects. Small business owners who receive notices of high tax bills may have concerns about whether they...
Things to know about an offer in compromise
Individuals who struggle with high tax obligations may have understandable concerns about how this might affect their lives and about the best path to take to protect their futures. While there may be a variety of outlets with which to seek relief from tax debt...
Possible risks of using personal loans to address tax debts
Those who struggle to keep up with tax obligations may choose to explore a variety of options in the pursuit of financial relief. In some cases, individuals in Georgia might wonder if taking out a personal loan to cover tax debts could be a viable solution. Evaluating...
Can unpaid tax debts lead to home foreclosure?
Those who struggle to keep up with tax obligations may have concerns about what this might mean for their financial futures and how the situation might affect their lives. In some cases, individuals in Georgia who face high tax debts may even worry that they may...
Mitigating tax debt risks when estimating taxes
Although there may be many individuals who have taxes taken directly out of their paychecks, this might not be the case for everyone. Individuals in Georgia who are responsible for managing tax obligations on their own may have concerns about the possible risks...