The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.

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 ...

Each year, millions of taxpayers find themselves unable to pay what they owe to the Internal Revenue Service (IRS). But when you owe back taxes to the IRS, the initial balance isn't the only issue ...

North Carolina's Medical Debt Relief Program has erased medical debt for nearly a quarter of the state’s population.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. What may surprise you, though, is that while the IRS has lots of power ...