Toms River Bankruptcy And Tax Law Blog

Owing federal taxes does not mean someone failed. In fact, it’s fairly common. In 2018, more than 14 million Americans were in just that situation. But when it’s you standing in that valley, looking at the terrain you’ll have to climb in order to satisfy the IRS, the...

Struggling with overwhelming debt can be stressful and even frightening. This stress can lead many people to pursue debt relief by filing bankruptcy. And yet many individuals considering bankruptcy share one common worry: what will happen to their property?It is...

Taxes are probably something you would rather not think about. As frustrating as it might be to file federal and New Jersey tax returns, it is essential. However, it can quickly become more stressful if you find out you owe the Internal Revenue Service (IRS).It is...

When you accumulate so much debt that it becomes unmanageable, bankruptcy is a viable option to help you get control of your finances. But often times, bankruptcy is a concept that instills fear and shame in people. You might worry about how it will affect your...

Any taxpayer will know that tax returns can be complex documents. That’s why the IRS makes sure that every detail on your tax return is accurate. Should they find a problem, they may contact you to conduct a tax audit. What is a tax audit?Because tax returns carry...

The calendar hasn’t reached the holidays yet but that doesn’t mean it’s too early to think about your taxes. Chances are that you fall into one of two camps: you’re either excited to file your taxes because you’re expecting a refund or it’s just another annual...

If you feel like your debt has gotten out of control, you may be considering all your options to remedy the problem. Debt consolidation is an appealing option to many people because it allows them to take all their debts and combine them into one payment. Also, the...

Credit card debt continues to grow in the United States, with balances reaching $900 billion by the end of 2018, according to the Consumer Financial Protection Bureau. The agency’s latest report says 28% of people with credit card debt have been turned over to debt...

In the last decade, more and more Americans have struggled to pay for rising health care costs. In fact, health care has become one of the biggest expenses Americans face, with $2.4 trillion spent on medical care in 2017.As a result, those with ongoing health...