Remove tax online-tax-filing-software
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What Is a 1099-C Form and How Does It Affect Your Credit?

Credit Corp

The 1099 c form helps the IRS account for canceled debts from the previous tax year. The 1099-C cancellation of debt form deals with canceled or forgiven debt from the previous tax year. This form exists to ensure accuracy when reporting taxes and to help filers determine if they owe debt forgiveness taxes.

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Survey: 1 in 4 File Taxes Late. Here’s Why You Shouldn’t Wait to File

Credit Corp

According to the National Retail Federation, almost half of all consumers say they expect to file their taxes in February. If you know you’ll owe taxes, you might push off filing your refund until April so you have more time before you pay it, but what happens if you file your taxes late?

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Step-by-Step Guide for How to Do Taxes Yourself

Credit Corp

As of November 2020, the IRS had received more than 168 million tax returns for the 2019 tax year. More than 72 million—roughly 42%—were self-prepared tax returns. Discover how to do taxes yourself in the guide below so you can decide if self-preparation is the way to go for you. 10 Steps for Doing Taxes Yourself.

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Important Tax Document Enclosed: 4 Tax Forms to Watch Your Mailbox For

Credit Corp

It’s the most wonderful time of the year—time to receive your tax documents! Ok, maybe it’s not the most wonderful time of the year, but it is an important time to keep an eye on your mailbox for documents marked “important tax return document enclosed.” What Does “Important Tax Return Document Enclosed” Mean?

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How Can I Stop Student Loans from Taking My Taxes?

Credit Corp

Otherwise, your tax refund could be taken from you. Use these tips to prevent your student loan status from impacting your income tax refund. How Do I Know If My Student Loan Will Take My Tax Refund? How Do I Know If My Student Loan Will Take My Tax Refund? What Happens When Student Loans Take My Tax Refund?

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Chargeback Prevention Tips for High Risk Businesses

PDC Flow

Your staff works hard during the busy tax season and throughout the year to settle past-due accounts and collect payments for your debt collection agency. Use software that takes call center agents and telephone transactions out of PCI scope. In addition, include your cancellation policy and a customer service number on your receipt.

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A Strategic Approach to Debt Settlement Campaigns for Tax Season

PDC Flow

Tax season is the best time to consider a debt settlement campaign within your debt collection agency. The best time of the year to collect is after a tax refund or when a tax refund is anticipated. Tax season is usually the best time. Send bulk messages through a simple Excel file upload to cut down on manual work.