Blog
Read the industry’s latest on all things tax — how tos, tax news, practical tips, industry updates, and everything in between.
Taxes can be complex and overwhelming. When back tax debt comes into the picture, things can get more complicated and stressful. If you fail to pay your back taxes, two terms often surface:…
Schedule H (Form 1040), Household Employment Taxes, is how you report and pay Social Security, Medicare and federal unemployment taxes for a household employee, such as a nanny, housekeeper,…
Read More about IRS Form 1040 Schedule H “Household Employment Taxes” Explained
IRS Form 12153, Request for a Collection Due Process or Equivalent Hearing, is how you ask the IRS Independent Office of Appeals for a hearing after the IRS files a federal tax lien or issues a…
IRS Form 12509, Innocent Spouse Statement of Disagreement, is the form you use to appeal the IRS's preliminary decision on a request for innocent spouse relief. It isn't a general appeal form…
Read More about IRS Form 12509 “Innocent Spouse Statement of Disagreement” Explained
Internal Revenue Code Section 6321 creates the federal tax lien: the government's legal claim against all of your property and rights to property when you owe federal tax. That includes real…
When a lender forgives or cancels a debt you owe, the IRS generally treats the canceled amount as taxable income. Internal Revenue Code Section 61(a) lists "income from discharge of…
Read More about Internal Revenue Code (IRC) Section 61 “Debt Forgiveness” Explained
Don't let tax inefficiency slow down your financial growth.
We help you build a smarter tax strategy so you can focus on what matters — your portfolio, your business, your family, or maybe even an actual mountain. Whatever your goals, it's time to build wealth with confidence.
