Blog Archives - Page 17 of 19 - The Handy Tax Guy

Woman happy about submitting IRS form 9465 for repayment plan on the phone

Where’s My Amended Return? (Easy Ways to File Form 1040X)

As the tax season comes to an end, many individuals have received their returns and are set for 2020. Then there are those who had something come up where their taxes couldn’t be complete in time and the question, “where’s my amended return,” may come up.

There are also many instances where you have completed your tax return but need to make a correction or amendment.

Now with this being the government, you may think it is a long and complicated process, when really, it’s not as bad as it sounds.

How to Save $3,000 in 6 Months (Save Money Fast)

Do you think it’s hard to save $3000 in 6 months on a low income?

Saving money can be a difficult task and that isn’t completely our faults. Large corporations and their marketing departments are attempting to make spending money as easy and painless as possible, ultimately giving us a sort of high.

Also, using plastic (credit or debit cards) to purchase items is painless because with paper money, you hand over one amount and get less in return.

With plastic, you hand over your card and get your card back, eliminating the immediate trigger of pain relating to loss.

Now certainly there are some of our own habits that contribute to a savings shortfall, such as fast food eating and vending machine buying.

These need to be curbed or eliminated to boost saving potential.

20 Good Ways to Save Money on a Tight Budget (How to Save Money Fast)

Have you been asking yourself, “what’s the quickest way to save money on a tight budget?”

I totally understand where you’re coming from.

Saving money is an important part of personal finance but when your budget is ALREADY tight, it can be difficult to save money quickly.

Some of the factors that contribute to a tight cash flow include:

consumer debt
frivolous spending
lack of financial education

Even with these factors, it is still more than possible to save money and begin contributing to your financial freedom!

Woman worried about submitting IRS form 9465 for repayment plan

How to Set Up a Payment Plan with the IRS (Form 9465)

Do you owe the IRS money, but are confused about how to fill out the Form 9465?

Income Tax Returns can often be daunting especially if you find out that you owe more tax that then you can immediately pay.

If you are one of the Americans who find themselves in similar situations, you are in for a surprise!

The Internal Revenue Service (IRS) has a program specifically designed to help you by allowing you to make your payments on monthly installments as opposed to a one-time payment.

You can now file the IRS Form 9465 in order to ease your tax paying concerns, so that it does not excessively strain your pocket.

What to Do if You Receive the 4883c Letter from the IRS

If you received a 4883c letter from the IRS, it’s normal to feel panicked. What did you do wrong? What does the IRS want?

Are they going to come after your assets? Are you going to pay penalties?

These are some 4883c letter questions that go through the minds of taxpayers. Fortunately, the letter isn’t as bad as it seems and with the right steps, you can get through it with ease.