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Statistical Restaurant
Today TaxMama hears from Patrick in the TaxParlor who has this tale of woe, “In 2001 I withdrew about $70,000 from a 401K plan to open a new restaurant. I had just been laid off from my job and wanted...
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National Standards
Today TaxMama hears several people who are having problems with the amounts IRS wants paid on their balance due, compared to the amount they think they can pay. In most cases, the amounts due are under...
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Self Employment
Today, Dina from Santa Barbara, CA moans, “Help! We owe $14,000.00 in taxes this year. My husband has a small business and only made $61,000.00. What happened? How can one live and provide for a family...
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IRS Payment Options Include E-pay, Credit Card, Installment
Courtesy of IRS WASHINGTON — The Internal Revenue Service today reminded taxpayers to pay all taxes due by the April 15 deadline to avoid interest and failure-to-pay penalties. Filing and Paying on...
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Back Taxes and Child Support
Today TaxMama hears from Krissy in the TaxQuips Forum who needs help. “I am married with two children, low income and my husband owes back child support. Last year I filed separately and ended up owing...
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