Top 10 Solutions For A Big Tax Bill

AAA

Ten Ways To Diffuse A Tax Time Bomb

A large and unexpected tax bill can be devastating to your budget, especially if you don't have an emergency fund or are living paycheck to paycheck. Before you panic, however, you should double-check your math to make sure it isn't merely an error. If the math is sound and you don't have funds to cover the bill, then there is a problem. Ignoring a big tax bill will only increase your pain as the IRS will assume you're evading taxes and unleash the dogs of war upon your assets, wages and accounts. Fortunately, there are ways to diffuse the tax time bomb as long as you address things early.
  1. No results found.
Related Articles
  1. Personal Finance

    Procrastinator's Guide To Bill Payment

    Avoid punishing late fees and keep your credit score intact with these 10 tips.
  2. Taxes

    Top 9 Solutions To An Unexpected Tax Bill

    Finding out you owe when you expected a refund is a nasty shock. Find out how to cope.
  3. Taxes

    How to Owe Nothing on Your Federal Tax Return

    You have the control to determine whether you owe in April. Learn more here.
  4. Taxes

    Confused About Estimated Tax Deadlines for 2016?

    If you run a business or have investment income, pay attention to this year's estimated tax deadlines. Here are the details, and what's new for 2016.
  5. Personal Finance

    9 Signs You Can't Afford Your Mortgage

    These indicators show that your financial situation isn't as stable as it could be.
  6. Taxes

    Your Property Tax Assessment: What Does It Mean?

    Understanding your property taxes can protect you from financial shocks.
  7. Personal Finance

    Budgeting When You're Broke

    When you're short on cash, a strict budget is the best tool for finding financial stability.
  8. Personal Finance

    Automating Your Bill Payments

    Automation can be a painless (and free) way to remove the stress of bill scheduling from your life - if you do it right.
  9. Personal Finance

    Are You Living Too Close to the Edge?

    If a missed paycheck would make your finances cave in, here's how to get back on track.
  10. Taxes

    Can't Pay Your Taxes? What to Do Now

    Not enough cash on hand for your April tax bill? No need to panic. Here's what to do.
Hot Definitions
  1. Pro-Rata

    Used to describe a proportionate allocation. A method of assigning an amount to a fraction, according to its share of the ...
  2. Private Placement

    The sale of securities to a relatively small number of select investors as a way of raising capital.
  3. AAA

    The highest possible rating assigned to the bonds of an issuer by credit rating agencies. An issuer that is rated AAA has ...
  4. Backward Integration

    A form of vertical integration that involves the purchase of suppliers. Companies will pursue backward integration when it ...
  5. Pari-passu

    A Latin phrase meaning "equal footing" that describes situations where two or more assets, securities, creditors or obligations ...
  6. Interest Rate Swap

    An agreement between two parties (known as counterparties) where one stream of future interest payments is exchanged for ...
Trading Center