For those who cannot pay the full amount they owe in taxes, the Internal Revenue Service allows qualifying taxpayers to settle their tax debt for less than the full amount. This is called an “offer in ...

Nikki and her second husband, who live in the San Francisco Bay Area, are $300,000 in debt — and $120,000 of that is owed to the IRS. While they’ve set up a payment plan, the IRS has already sent ...

What is a Federal Income Tax Debt? A tax debt is when a person owes income tax to the federal government. Every year, people ...

If you have outstanding tax debts, the Internal Revenue Service (IRS) might be ramping up efforts to collect what you owe. The IRS has powerful collection tools, such as garnishing your wages or ...

Tax season might be over, but for millions of Americans, the stress lingers due to having overdue tax debt with the Internal Revenue Service (IRS). Part of the issue is that sticky inflation, high ...

A ‘tax bomb’ is set to detonate on New Year’s Day. The blast could throw the finances of millions of student loan borrowers ...

Small business owners face a range of financial challenges now, including inflation, higher operating costs, and potentially slowing consumer demand. These economic headwinds often force entrepreneurs ...