Colorado Gerontological Society’s Post

How to Negotiate a Favorable Installment Agreement with the IRS

Happy Family Day long weekend! In the final video of our 3 part series, Wayne De Boer, CFP®, TEP delves into the recently introduced First Home Savings Accounts, and their tax deductible benefits along with some tips to maximize their advantages. I hope you enjoyed this series and if you would like more info or have any requests for other topics we could cover, please don't hesitate to reach out. Warm wishes for a fantastic Family Day Weekend to you and your loved ones! #taxplanningstrategies #fhsa #financialplanning #yyc #taxseason2024

When you owe a creditor, there are many ways your debt can be collected. Back taxes are a type of debt and the IRS can collect the amount you owe in different ways, including multiple types of levies. Can the IRS garnish wages in an attempt to collect tax debt? The answer is yes. Click here for more information 👇 http://bit.ly/3J1DDrd #eastcoasttaxconsulting #IRSTaxDebt #IRSGarnishWages

"Secure your future and flourish with a First Home Savings Account (FHSA)! 🏡🌟 Say goodbye to taxes on your savings and hello to your dream home. #FirstHome #FinancialFuture"

Did you know that the average individual income tax refund was $2,903 for the 2022 tax-filing year? Before you go spending all of it on a new Stanley mug, let’s turn that tax refund into your home sweet home! Step 1: Put all of that refund into a savings account. Step 2: Meet with me to get pre-approved and find out how much home you can afford. From there you can decide where to best allocate your refund. Paying off debt, adding to your down payment, or even building an emergency fund are all great ways to prepare yourself for homeownership! DM me “REFUND” to get started! #taxrefund #refundtohomefund #taxseason #taxes #downpayment #saving

Did you know that the average individual income tax refund was $2,903 for the 2022 tax-filing year? Before you go spending all of it on a new Stanley mug, let’s turn that tax refund into your home sweet home! Step 1: Put all of that refund into a savings account. Step 2: Meet with me to get pre-approved and find out how much home you can afford. From there you can decide where to best allocate your refund. Paying off debt, adding to your down payment, or even building an emergency fund are all great ways to prepare yourself for homeownership! DM me “REFUND” to get started! #taxrefund #refundtohomefund #taxseason #taxes #downpayment #saving

If you owe back taxes to the IRS, one of the ways it can collect your debt is by placing a tax lien on your property. This lien can be a major obstacle in your financial life as it can affect your credit score, prevent you from selling or refinancing your property, and even lead to wage garnishment. This is why it’s important to deal with a tax lien as soon as possible. When you take advantage of the options available to you as soon as possible, you can protect your chances of clearing a tax lien. Read on for more. https://lnkd.in/gpy2H7Ur

ATTN: PA COUNTY, CITY, AND SCHOOL DISTRICT BUSINESS OFFICIALS A state budget impasse into September, 2023 or beyond could force PA public school districts to draw down funding reserves or even take out loans to meet operating costs, not to mention fiscal obligations mandated by the state and underfunded by the same. Don’t worry. Your PA taxing district is sitting on an underperforming asset, those delinquent real estate tax receivables. Wouldn’t it be great to access that revenue now instead of waiting up to four years? Since 2004 the MRS Tax Lien Management Program has been doing just that, providing over $700 million to PA taxing districts by converting unpaid property taxes into instant revenue. Check out our website at www.municipalrevenues.com where you’ll learn more about tax lien management, find our statewide client reference list, testimonial video, and more. And remember, MRS is not a tax collector and our program doesn’t interfere with that process. Let’s talk MRS Tax Lien Management Soon. #PA #budgetimpasse #taxingdistrict #taxlienmanagement #city #county #schooldistricts #funding #reserves #revenue

🏠 Did you know you might be eligible to reclaim overpaid Stamp Duty on a property purchased in the last 4 years? 🏡 At RDI Solutions, we're here to help you unlock potential savings through the Stamp Duty Land Tax scheme. This scheme offers benefits to eligible individuals, putting money back in your pocket. 💡 Benefits of the Stamp Duty Land Tax Scheme: 1️⃣ Potential Refunds: Reclaim overpaid Stamp Duty. 2️⃣ Savings: Lower upfront property purchase costs. 3️⃣ Financial Relief: Put more money towards your new home. Don't miss out on these savings! Book a consultation with me to explore your eligibility and maximize your financial gains. Let's make your property investment even more rewarding. 📊

I can help you figure out the best way to save and grow your money based on your goals and timeline.