Few things will send a colder chill down the spine of a small-business owner than an IRS business tax audit notice. Such notices cause panic, fear, doubt, and anxiety until the audit is concluded.

Debt settlement vs. Bankruptcy, which would you prefer? Both debt relief options have their pros and cons. Neither option is an ideal method to get out of debt. However, if you have exhausted all options to resolve your debt problem, both options can help you get out of debt and begin rebuilding your credit history, eventually.

Summertime is all about beach barbeques, margarita pool parties, epic camping adventures, and putting a dent in your student debt. Wait. What does something as depressing as student debt have to do with Summer? A lot, if you are one of the 43.3 million Americans with student debt.

Congratulations! You managed to build up a small nest egg. Now it’s time to put that hard-earned money to work.

If not managed correctly, back taxes can spell the end for a business. The good news is that most small businesses with back taxes can work things out with the IRS if they understand how the tax collection process works and are ready to negotiate. If your business owes money to the IRS money, consider these steps.

A federal tax lien is the IRS’s way to get the attention of delinquent taxpayers. It works. When the IRS files a federal tax lien against you, it holds a claim on everything you own and anything you may acquire in the future until you repay your taxes. That’s just the beginning. Once the IRS has a tax lien on your property, it can start to levy (i.e., empty) your bank accounts, sell your property, take possession of your vehicles, and even garnish your wages. The good news is there are steps yo you can take, such as setting up an installment plan, applying for an offer-in-compromise, or requesting a certificate of subordination.

The IRS no longer offers taxpayers its e-filing PIN (Electronic Filing Personal Identity Numbers) tool. The feature offered an alternative signature verification when filing tax returns electronically. Why has the IRS decided to remove this security feature?

Personal loans are on the rise. Americans have over $1.6 trillion spread over 19.5 million personal loan accounts (source). That is not to say personal loans are easy to get. Lenders are, once more, tightening credit requirements.

Having bad credit creates a Catch-22 situation for consumers. If you have bad credit, you don’t get approved for new credit; and without new credit, it’s hard to improve your bad credit.

Everybody expects you to mess up during your roaring 20’s. After all, you still have time to set things right. Making money mistakes when in your 30’s is another matter altogether.