What Is a Release of Tax Lien and How Does It Work?
Learn how a release of federal tax lien works, from what triggers one and how it's delivered to clearing public records and handling IRS delays.
Do You Pay Taxes on a Workers’ Comp Settlement?
Learn how taxes on a workers' comp settlement work, from the general federal exemption to the edge cases and benefit interactions that can create a tax bill.
Does Declaring Bankruptcy Clear Tax Debt? Chapter 7 vs 13 Rules
Learn how bankruptcy can clear tax debt, from the rules that decide which taxes qualify to how Chapter 7 and 13 differ and what alternatives may help.
Do Churches Have to Pay Taxes? Payroll, Property, and UBIT
Learn which taxes churches have to pay, from federal income and employment obligations to state and local rules on property and business income.
Do I Pay Taxes on a Lawsuit Settlement? IRS Rules by Damage Type
Learn how taxes on a lawsuit settlement work under IRS rules, from how different damage types are treated to legal fees, reporting, and estimated payments.
Charitable Bequests in a Will: Drafting, Deductions, and Limits
Learn how a charitable bequest in a will works, from drafting the clause and estate tax treatment to assets a will cannot control and later changes.
Can Land in a Trust Be Sold? Authority, Taxes, and Liability
Learn how land in a trust can be sold, from the trustee's authority and duties to beneficiaries through the tax fallout and personal liability risks.
Can the IRS Take Settlement Money? Levies, Taxes, and Defenses
Learn how the IRS can take settlement money for back taxes, from the notice and levy process through fee and tax issues to ways of stopping collection.
What Is a Defective Trust: Grantor Powers and Tax Treatment
Learn how a defective trust works, from the grantor powers that create the tax mismatch to selling assets in, what death changes, and the key risks involved.
What Is a P45 and What Happens Without One?
Learn what a P45 is and how it works when you leave a UK job, from the details it records to managing without one and how it compares to related tax forms.