IRS issued Tax Tip 2024-37, April 24, 2024, to inform taxpayers that can’t pay their full tax debt or if paying would cause financial hardship, that they should consider applying for an offer in ...
In the complex landscape of U.S. taxation, the Internal Revenue Service (IRS) stands as an unavoidable entity for all residents, regardless of their status. Whether you're a retiree or an undocumented ...
CLEVELAND — The 2025 IRS “Dirty Dozen” scam report warns taxpayers that scammers continue to target people who are trying to settle their debts with the agency. During tax season, scammers have ...
Tax season might be behind us, but for millions of Americans, the stress of unpaid tax bills still lingers. But whether it's due to an issue with unexpected income, a missed payment to the Internal ...
Question: I have built up multiple years of tax debt and have been living in fear of liens and garnishments. Are the television ads true? Is there a way I can make a deal for a lesser amount so I can ...
A 2024 study by Qualtrics found that 23% of tax filers expected to go into debt to pay their tax bill, and another 23% said they’d need to take on new debt to resolve it. In fact, IRS data shows ...
Compare tax relief providers that match your needs. Find Tax Experts Reduce your tax burden now Tax debt is more common than you may think. Millions of taxpayers likely have some form of IRS tax debt, ...
In a recent news release (available here), the Internal Revenue Service (“IRS”) warned taxpayers about promoters claiming their services are needed to resolve unpaid taxes owed to the IRS. “Taxpayers ...
When tax debt starts piling up, it can cause significant issues with your finances, especially as the penalties and fees start to accrue. Despite the high cost of delinquent tax debt, millions of ...
An offer in compromise is an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer's tax liabilities for less than the full amount owed. Don't get too excited - it is ...
Taxpayers dread owing money to the government. That’s why there are countless scams trying to hook innocent people into paying swindlers. The IRS has a legitimate program called “Offers in Compromise ...