Affordable Tax Relief https://affordabletaxrelief.com/ Tax Relief & Resolution - Trust the Experts at Affordable Tax Relief Wed, 27 Aug 2025 19:19:08 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 https://Optimataxrelief.com/wp-content/uploads/2023/10/cropped-favicon_512-1-1-32x32.png Affordable Tax Relief https://affordabletaxrelief.com/ 32 32 New IRS Scam Alert: Phony Notices with Dangerous Flash Drives | affordable Tax Relief https://affordabletaxrelief.com/blog/new-irs-flash-drive-scam-alert/ Tue, 26 Aug 2025 08:00:00 +0000 https://affordabletaxrelief.com/?p=25638 A new IRS scam is targeting taxpayers who owe. As the IRS moves away from paper checks, scammers are mailing notices with flash drives to trick you into giving up your sensitive information. CEO David King and Chief Tax Officer and Lead Tax Attorney Philip Hwang share practical tips on how to verify your notices […]

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Am I Responsible for My Spouse’s Back Taxes? https://affordabletaxrelief.com/blog/am-i-responsible-for-my-spouses-back-taxes/ Thu, 21 Aug 2025 08:00:00 +0000 https://affordabletaxrelief.com/?p=11201 When you marry, you often share many aspects of your life with your spouse: your home, your finances, and perhaps even your dreams. However, what happens when it comes to tax liabilities? Specifically, are you responsible for your spouse’s back taxes? This question can cause significant stress and confusion. To navigate this issue, it is […]

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How to Read Your IRS Transcript and Understand Account Codes  https://affordabletaxrelief.com/blog/how-to-read-your-irs-transcript-and-understand-account-codes/ Wed, 20 Aug 2025 08:00:00 +0000 https://affordabletaxrelief.com/?p=25645 If you’ve ever ordered an IRS transcript, you know they can look overwhelming at first glance. Rows of numbers, dates, and abbreviations may leave you wondering what any of it actually means. The good news is that once you understand IRS transcript codes, these records become a powerful tool for tracking your return, refunds, and […]

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The Most (and Least) Tax-Friendly States for Retirees  https://affordabletaxrelief.com/blog/most-and-least-tax-friendly-states-for-retirees/ Tue, 19 Aug 2025 08:00:00 +0000 https://affordabletaxrelief.com/?p=25642 Choosing where to live in retirement can stretch or shrink a nest egg by six figures over time. The most tax-friendly states for retirees aren’t just the ones with no income tax. They’re also the places where Social Security, pensions, IRA/401(k) withdrawals, property, sales, and even estate rules align with your specific income mix and […]

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Can the IRS Take My Social Security?  https://affordabletaxrelief.com/blog/can-the-irs-take-my-social-security/ Mon, 18 Aug 2025 08:02:00 +0000 https://affordabletaxrelief.com/?p=21505 Social Security benefits provide a crucial lifeline to millions of Americans, especially retirees and disabled individuals. Owing back taxes does not prevent you from applying for or receiving these benefits. However, once payments begin, the IRS has the legal authority to seize up to 15% of your monthly Social Security retirement. They can also levy […]

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Tax Pros and Cons of Hiring Family in Your Business https://affordabletaxrelief.com/blog/hiring-family-in-your-business/ Fri, 15 Aug 2025 08:00:00 +0000 https://affordabletaxrelief.com/?p=25554 Hiring family in your business can feel like a natural choice. Many entrepreneurs start small and lean on spouses, children, or parents to help keep things running. For some, it’s about trust and loyalty, knowing you can count on a family member to care about the business as much as you do. For others, it’s […]

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2025 IRS Tax Brackets and Standard Deductions  https://affordabletaxrelief.com/blog/2025-irs-tax-brackets-and-standard-deductions/ Thu, 14 Aug 2025 20:21:49 +0000 https://affordabletaxrelief.com/?p=21774 With 2025 on the horizon, taxpayers are beginning to plan for how they will file their returns. The IRS updates tax brackets and standard deductions annually to account for inflation and legislative changes. This will affect how much individuals and families owe. Let’s examine the newly announced 2025 tax brackets and standard deductions, as well […]

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How to File Taxes If Your Spouse or Dependent is Incarcerated https://affordabletaxrelief.com/blog/how-to-file-taxes-if-your-spouse-or-dependent-is-incarcerated/ Wed, 13 Aug 2025 08:05:00 +0000 https://affordabletaxrelief.com/?p=17158 Filing taxes can be a complex process, and it becomes even more challenging when your spouse or dependent is incarcerated. In such situations, various considerations and adjustments must be made to ensure accurate and lawful tax filings. This article will guide you through the process, providing valuable information and tips on how to file taxes […]

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Should I File as an S Corp? Pros, Cons, and Tax Considerations   https://affordabletaxrelief.com/blog/should-i-file-as-an-s-corp/ Tue, 12 Aug 2025 08:05:00 +0000 https://affordabletaxrelief.com/?p=25543 Deciding whether to file as an S corporation (S corp) can be a major choice for small business owners, freelancers, and entrepreneurs. The decision often comes down to weighing potential tax savings against the added complexity of compliance. While S corp status can help reduce self-employment taxes and boost your credibility, it also comes with […]

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What You Need to Know About IRS Bank Levies  https://affordabletaxrelief.com/blog/what-you-need-to-know-about-irs-bank-levies/ Mon, 11 Aug 2025 20:29:19 +0000 https://affordabletaxrelief.com/?p=21175 When dealing with unpaid taxes, one of the most significant and immediate consequences can be an IRS bank levy. This powerful enforcement action allows the IRS to legally seize funds directly from your bank account to satisfy outstanding tax debts. Understanding how an IRS bank levy works, the accounts it can affect, your rights, and […]

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