You have enough to deal with when it comes to thinking about your family and finances at home. When the IRS comes into the mix, trying to collect on a delinquent tax bill, you freeze. You believe them when they call and threaten they are going to garnish your wages. How are you going to pay your rent, and bills, and take care of your family if the IRS does this? The truth is, they don’t have the right to harass you, and you can set up a payment plan, regardless of how much you owe to the agency. Most taxpayers aren’t aware of this and don’t make the right move when they are dealing with the IRS.

Hire an attorney to help you –

This is why hiring a irs tax resolution oc attorney is well worth the fee you’re going to pay for their legal services. Your irs tax resolution oc attorney will- Inform you of your rights and whether or not you have to reply to the IRS (they will answer on your behalf)- Talk you through your payment plan and how much you can afford each month- Inform you of the low interest repayment options that are available to you- Talk to you about possibly having some of the money that you owe to the IRS wiped clean
Furthermore, your lawyer will discuss a full payment options, at a reduced rate, if you can make a single payment to the IRS.

Know your rights –

Your attorney is also going to inform you of your rights as a taxpayer. Yes, you do have to pay the government; especially if you are delinquent and you knowingly didn’t file your taxes, you did do something illegal for those years. This doesn’t mean the agency and government have the right to harass you or go after your paycheck which would limit your ability to take care of your expenses and your family. Your attorney will guide you in what to do (and what not to do), who to talk to, and how to go about repaying the money that you owe to the government.

Don’t hesitate when the IRS tries to come after you. Take a step back, and consider contacting a irs tax resolution oc attorney. You’ll learn what you’re entitled to, what your rights are, and how best to proceed, when the time comes for you to begin the repayment of your tax burden. … Read the rest

Are you worried your fiancé’s debt will become yours once you’re married? Knowing what you’re financially reliable for can be a smart decision to make before you do anything rash with your finances. Read on to learn how debt is handled before and after marriage.

Debt Before Marriage

Does your fiancé have debt? Well, the good news is that before you are married, your fiancé’s debt is only their responsibility. Their debt incurred before marriage, so it can’t affect you in any way. If they are in significant debt with their student loans, then that debt won’t affect you at all. However, some extenuating circumstances could make it your problem.

Did you help co-sign anything for your fiancé? If you sign for them on a title loan or other loan product, then you are liable by law to help pay that loan off. Co-signing for your fiancé or anyone else is serious, so you might want to think it through before you risk it. Your credit score could be affected if they say they’ll pay it and don’t.

You can also be liable if you have a joint credit card account together. Both of your credit scores can be affected if you have a joint credit card account with them and get into debt. This means that even if your fiancé was the only one using a credit card, you would be just as susceptible to repaying that debt off and negatively impacting your credit score. It doesn’t matter who uses what or who’s idea it was to have a joint credit card account.

Debt After Marriage

You will no doubt incur debt with your spouse if you apply for a loan or credit card together and don’t pay your bills on time. However, there is an exception if you live in these nine community property states:

Arizona
California
Idaho
Louisiana
Nevada
New Mexico
Texas
Washington
Wisconsin

Married couples who live in these states automatically share debt no matter what. It doesn’t matter if only one of you agreed to something, you are both liable to repay the debt as long as it occurred while after you were married.

Will My Marriage Affect My Credit Score?

.Are you also worried that getting married to someone in debt will affect your credit score? The good news is that it doesn’t. Their credit score and yours won’t increase or decrease based on each other’s credit scores. A married couple can’t share a credit score or credit report.

However, if you are planning on getting a loan for a new house together, then your spouse’s low credit score could impact whether you get it or not. This could be tricky since the loan … Read the rest