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 ...

Dealing with tax debt can be overwhelming. Whether caused by financial setbacks or errors in filing, owing money to the Internal Revenue Service (IRS) is a burden that requires careful attention.

In fiscal year 2024, individual taxpayers will owe an estimated $525 billion in tax debt. 1 Based on the most recent tax data from the IRS, more than 10 million taxpayers owe back taxes. 2 If you have ...

Settling your debt with the IRS is often more achievable than you think. If you're facing IRS tax debt, you're not alone. In 2023, the IRS collected over $104.1 billion in unpaid assessments, but ...

The Fresh Start program expands taxpayer options, lowers barriers to IRS relief programs and continues to give many people a ...

Tax season can be stressful enough on its own, but when you're facing a hefty tax bill or are still dealing with delinquent ...

Millions of Americans are grappling with high amounts of debt in today's challenging economic landscape. Whether it's credit card balances, personal loans or other financial obligations, the weight of ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The IRS doesn't typically just let up on the collection efforts when you ...

Not all debts qualify for settlement, but knowing which ones are excluded can help you plan your payoff strategy.