Category: Illinois | Irs Debt

Beginning in July 2025, the Social Security Administration (SSA) will begin withholding up to 50% of monthly benefits for certain recipients who received overpayment notices dated April 25, 2025 or later. This marks a significant shift from the current withholding policy and has understandably caused confusion and fear for many beneficiaries, especially older adults and those on fixed incomes.....................

Owing back taxes to the IRS can be overwhelming, in part because interest and penalties accumulate rapidly; what starts as a manageable balance quickly grows into a serious financial burden. For most people, paying the full amount of back taxes simply isn’t feasible. Fortunately, the IRS provides several tax forgiveness programs aimed at helping taxpayers resolve their debt and avoid harsh collection....................

Tax season can be overwhelming, especially if you’re dealing with financial difficulties. Whether you are preparing your return for the first time, facing tax debt, or considering bankruptcy, having the right tax filing assistance can make a significant difference. This guide will cover everything you need to know about tax filing in 2025, tips for a hassle-free process, how to find the best tax filing service................

Whether you are filing taxes for the first time or are a seasoned taxpayer, understanding the tax filing process is essential to avoid penalties, ensure compliance, and get the biggest refund. This guide will walk you through the tax filing start date, deadlines, and explain how you can streamline the process with professional assistance. How to Extend Tax Filing Deadline and Avoid Penalties?...............

Tax debt relief is a complex and high-stakes process that requires expertise, precision, and strategic planning. Hiring an experienced lawyer simplifies the process and maximizes your chances of achieving a favorable outcome.While it may be tempting to tackle tax debt on your own, hiring an experienced lawyer can make all ...............

A tax relief attorney specializes in helping people resolve tax issues with the Internal Revenue Service. They can help you navigate complex tax issues, negotiate with the IRS, and find the best solutions to reduce or eliminate your tax debt...............

The IRS offers various tax relief programs to assist taxpayers facing financial difficulties. These programs include installment agreements, offers in compromise, currently not collectible status, penalty abatement, and innocent spouse relief. Each program has specific eligibility criteria and application procedures..............

An Illinois tax return is a form filed with the Illinois Department of Revenue (IDOR) to report your income, deductions, credits, and calculate your state income tax liability for a specific tax year. Illinois residents, as well as non-residents who earned income in Illinois, are required to file a state tax return if they..............

To check the status of your amended tax return, you can use the "Where's My Amended Return?" tool provided by the Internal Revenue Service (IRS). This online tool allows you to track the processing status of your amended tax return. To use the "Where's My Amended Return?" tool visit the IRS website at www.irs.gov and navigate.............

The processing time for tax returns can vary depending on various factors, including the method of filing, the complexity of your return, and the time of the year. Typically, if you e-file your tax return and choose direct deposit for your refund, you may receive.............