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Taxingly Simple by Tiffany- Posts Tagged with Owe Taxes

Itemized Deductions: to Use or Not to Use?

Do you like jumping through hoops?  Filling out itemized deductions on a Schedule A is very similar.  Trying to figure out if you can itemize your taxes (Schedule A) is like jumping throug...

Options for Taxpayers who Owe- IRS Has Expanded its “Offer-in-Compromise” Program

I hear taxpayers say that they owe, and because of the economy they are not going to file this year.  Well, let me make it simple for you- just file!  If you fail to file, you will face a pe...

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