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Usually they will send you a notice of your tax debt status. But you can also contact IRS and state taxing authorities to check your tax liability. You can reach them by different ways:
- visiting IRS local offices, you can check the related link "IRS local office"
- Call IRS, the toll free for individual tax payer is 800-829-1040
- The toll free for business is 800-829-4933
- For state, please visit your state taxing department website, you can check the NY, IL and CA tax help through related links
You don't have to be afraid of contacting tax agencies. The customer service got tons of calls every day and it is always suggested to settle your tax debt as soon as possible to avoid outstanding tax penalties and interest.
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∙ 12y ago
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Tax debt is what type of debt to a company?
Tax debt refers to the tax paid on the amount of debt the company has outstanding still. This varies significantly by company and non-profits do not pay tax.
If you are current with your bankruptcy payments will the IRS keep your income tax check?
No
Where do I apply for tax debt forgiveness?
you can check on this www.irs.gov/individuals/article/0,,id=179414,00.html
Current maturities of long-term debt?
Current maturities of long term debt means that portion of debt which is payable in current fiscal year.
What is the sales tax in San Jose?
Check 'Sources and related links' below for the current rate.
Will they keep your tax check ever year?
"They" will keep your tax check until you pay off your debt or until the statute of limitation for collecting the debt expires, whichever comes first.
Would any part of a 5-year auto loan be considered a current liability?
The portion of payments due in the current period (1 yr) are considered the current portion of long term debt; the remainder would be considered long term debt, though this is difficult to justify, given that auto loans are consumer debt - that is debt that is not tax deductable. The portion of payments due in the current period (1 yr) are considered the current portion of long term debt; the remainder would be considered long term debt, though this is difficult to justify, given that auto loans are consumer debt - that is debt that is not tax deductable.
How can one reduce their tax debt?
There are many ways one can reduce tax debt. One can reduce their tax debt by hiring a tax professional, re-checking tax returns, and choosing a debt plan.
Tax debt is what type of debt to a company?
Tax debt refers to the tax paid on the amount of debt the company has outstanding still. This varies significantly by company and non-profits do not pay tax.
If you are current with your bankruptcy payments will the IRS keep your income tax check?
No
Will you get a tax refund if a collector is garnishing your check?
No. Garnishments are not deductible. They are just collection of some type of debt.
Where do I apply for tax debt forgiveness?
you can check on this www.irs.gov/individuals/article/0,,id=179414,00.html
Where can I get more information about tax debt settlements?
You can get information about tax debt settlements from the IRS.
Are there any finance companies that specialize in offering tax debt loans?
There is no company that specializes in tax debt loans. Loansstore.com offers tax debt help. They also offer personal loans that could be used to pay off tax debt.
What is after cost of debt?
The after-tax cost of debt is predominantly based on marginal pretax costs, as well as marginal or statutory tax rates.
The after-tax cost of debt will almost always be below?
The after-tax cost of debt will almost always be below
Current maturities of long-term debt?
Current maturities of long term debt means that portion of debt which is payable in current fiscal year.
