Business vs. personal tax debt: trust fund taxes can create personal liability. IRS relief tools include installment agreements, offers-in-compromise, and CNC status. Penalty abatement may reduce or ...

Explore how tax relief programs can help you lower your tax bill and settle debts. Learn about deductions, credits, and ...

Ignoring tax debt triggers rapidly growing penalties and increases the likelihood of IRS action. Addressing the balance early protects your finances and opens the door to realistic repayment or relief ...

Knowing how IRS minimum payments are calculated can make a major difference in how manageable your tax debt is.

Logan Allec, CPA is the founder, owner and president of tax relief services company Choice Tax Relief, which serves clients nationwide. When taxpayers fall behind with the IRS, obtaining "tax relief" ...

Tax professionals say missing filing deadlines can quietly disqualify taxpayers from key IRS relief programs, even when ...

Falling behind on your debt to Uncle Sam can be stressful — but you’re far from alone. According to the latest IRS data, Americans owed more than $157 billion in back taxes, penalties and interest for ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. That's where debt relief programs can be key. These services, which are ...

Last week, the Federal Trade Commission (FTC) and the Nevada Attorney General’s Office jointly filed suit against a group of tax debt relief companies operating under the “American Tax Service” brand, ...

A provision that made student-loan forgiveness tax-free is expiring in 2026. It could put borrowers on the hook for thousands of dollars in taxes.