I Received a 668(y) IRS Notice- What Now?

I Received a 668(y) IRS Notice- What Now?

IRS Form 668(y) is an official IRS notice that a lien has been placed against your property for failing to resolve your outstanding tax debt. This lien protects the government’s interest in all your property, including bank accounts, personal property, real estate, or...
Traditional vs Roth IRA: A Breakdown

Traditional vs Roth IRA: A Breakdown

Do you know the difference between a traditional vs Roth IRA? More than half of all Americans don’t—and admittedly the two can be confusing. Both types of IRAs function similarly. You can only contribute $5,500 a year You can only withdraw money before you turn 59 ½...
The 411 on Estimated Tax Deposits

The 411 on Estimated Tax Deposits

What’s the deal with estimated tax deposits?  If you’re self employed or own a business, you may know you need to file but don’t know how.  Or, if you’re like many Americans, you may be confused whether you need to make tax deposits at all. If you’re a taxpayer that...