Generally, the money you receive from income annuities and pensions is not immune to Federal tax withholding. This is the same withholding system you would experience if you received money from stock bonuses, profit-sharing, or any other type of...
Category - Tax
Tina Roth
4 Things to Understand About Settling Tax Debt for Pennies on the Dollar
Tax debt can weigh on you when you’re trying to determine how to handle it. Fortunately, there are several ways to make sure you can pay back the money you owe. One of those options is the IRS Offer in Compromise program, which allows you to...
What Are Your Options if You Have a Tax Liability?
For many, tax season is a time of big spending as refunds come rolling in. If you owe money to the IRS, though, there will be no big spending. What if you have a tax liability that you can’t pay? This is surprisingly common, and the IRS is almost...
