A small percentage of people are going to come out owing more on taxes than they can actually afford (ouch!). So what happens if you truly cannot pay your tax debt?

It’s the very last thing you might want to think about during the holidays: tax planning. But don’t let the holidays distract you from improving your tax situation and saving money!

If you’ve been wanting to take advantage of today’s historically low mortgage rates, now is definitely a good time. The popular home buyer tax credit has recently been extended by Congress.