If you owe back taxes, finding a way to resolve the issue can be tough, especially if the Internal Revenue Service (IRS) starts sending letters, placing liens or threatening levies. In these ...

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 ...

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 ...

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" ...

Looking ahead, tax season will kick off in late January. The IRS has not yet announced the date it’ll officially start begin accepting and processing tax returns, but last year, it was Jan. 27. The ...

Having your wages garnished over an unpaid debt is one of the more stressful financial consequences you can face. One day, you're making ends meet between your paycheck and your regular bills, and the ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Logan Allec, CPA is the founder, owner, and president of tax relief services company Choice Tax Relief, which serves clients nationwide. For most small business owners, success is typically followed ...

IRVINE, CA / ACCESS Newswire / July 2, 2025 / When Kevin first contacted Clear Start Tax, IRS letters were piling up – and so was the stress. With over $10,000 in tax debt and ongoing threats of bank ...

CINCINNATI (WKRC) — The IRS has resumed its efforts to collect tax debt for the first time since the COVID-19 pandemic, leading to increased financial stress for many individuals. It has been noted ...

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.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. By June, the rush of tax season is long gone. The reminders about filing ...