Entries by S.H. Block Tax Services

How to Read a Pay Stub

Understanding how to read a pay stub and putting that knowledge to work is just as important the day you receive your first paycheck as it is the day you retire. Your pay stub contains a lot more information than just the money you can expect to receive that pay period — although that is […]

How to Deal With an IRS Revenue Officer

If you’re in a position where you’re forced to deal with an IRS revenue officer, you’re probably feeling stressed and anxious. These guys mean business, and they’re likely being very aggressive about your outstanding tax liability. However, you still have plenty of options if you keep your cool, remain upfront and honest, and follow their […]

How to Avoid a Maryland State Tax Lien

Like most things related to tax debt and back taxes, tax liens are no fun. However, if you have a Maryland tax lien or are worried about one, ignoring the problem won’t help. The good news is that whatever your tax problems, there’s always a way to start addressing them and improving your situation. Often, […]

What to Expect in an IRS Correspondence Audit 

If you’ve received a letter from the Internal Revenue Service asking for more information to support your tax return, then you have a correspondence audit on your hands. If this sounds like your situation, don’t panic — a correspondence audit can be straightforward and simple as long as you stay organized and understand the process. […]

Is Debt Forgiveness Taxable?

Most people struggle at one time or another to their pay bills. Often, the payments fall further and further behind, and climbing out from the debt cycle feels hopeless. If you’re in this situation, you may have asked the bank, credit card company, or another creditor to write off or forgive your debt — usually […]