Debt and Tax Relief

There is a saying that needs to be heeded in these times of financial stress and strain..."Forewarned is forearmed." Let's be forewarned about one thing as we move deeper into this recession. Payday loans...

Taxes, another debt that many Americans are struggling with is often going unpaid as taxpayers struggle with foreclosure and other financial crises. But the IRS offers "guidance" on the tax burdens of economic hardship...

The Dallas Morning News has another interesting, albeit incomplete, article about how to get out of debt in 2009 that unfortunately never mentions bankruptcy. It's unfortunate because many of the people who will read...

Although a debtor filing for bankruptcy will not have his/her social security income included in the means test calculation the bankruptcy court can examine social security income when evaluating the total financial circumstances of...

The Star Telegram reports that homeowners with federal tax liens against their real property—who are trying to sell or refinance their home—will receive much needed relief from the IRS. The IRS announced that it...

This is another case of waiting until the last moment to file a bankruptcy which was inevitable. Many debtors who get sued by their creditors, never respond to the summons, receive a default judgment...

It's December and that means that tax time is just around the corner. But for those of us who are prone to procrastination when it comes to paying Uncle Sam, the Dallas Morning News...