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Opening up your bank statement only to find an unexpected charge can be alarming. Perhaps even more concerning is seeing a fee labeled “Legal Order LTS” without understanding what it means or why it appeared. Getting hit with legal fees when you’re already struggling financially can feel like salt in a wound. But knowledge is […]
Have you ever checked your tax transcript and seen an intimidating 971 IRS code? If so, take a deep breath – things probably aren’t as scary as they seem. While any letter from the IRS can feel stressful, 971 IRS code simply indicates that the Internal Revenue Service needs more information about your return. Think […]
Do taxes give you a headache? For many people, sorting through tax forms can be confusing and overwhelming. But it doesn’t have to be! Understanding key forms like IRS schedule E can help simplify your tax filing. This comprehensive guide will explain everything you need to know about schedule E. We’ll cover what it is, […]
Have you been anxiously waiting for your tax refund, only to be met with the confusing Tax Topic 152 message? If so, you’re not alone in waiting to receive your refund. Millions of Americans count on their refunds, processed typically within 21 days, to pay bills or add to their savings. Receiving notification that your […]
If an IRS Code 150 appeared recently on your tax transcript, you may feel a knot in your stomach – but take a deep breath. The code simply indicates your return was received and is being processed. But what does that really mean for you and your tax situation? This comprehensive guide breaks down IRS Code […]
Viral posts claiming a fourth stimulus check is on the way have flooded social media in recent months. These claims of pending payments as high as $2,000 have left many Americans hopeful for more pandemic relief. However, the IRS has officially clarified no fourth stimulus checks are authorized or expected at this time, debunking the […]