Tax debt can be an overwhelming burden for many individuals and businesses. It arises when a taxpayer owes more taxes to the ...

Facing tax debt can be daunting, but the IRS offers solutions to ease the burden. Discover how to qualify and apply for a payment plan that suits your needs, whether it's a short-term or long-term ...

This is the big one. April 15 is the deadline to file your federal income tax return for 2024 unless you request an extension ...

WASHINGTON (AP) — House Republicans released a budget plan Wednesday that sets the stage for advancing many of President ...

This can include filing a federal tax lien, which publicly claims your property as collateral for the debt or issuing a levy ... This can also include filing a Notice of Federal Tax Lien, which ...

While debt settlement companies can negotiate with your creditors to lower your balance, most don't work with tax debt. Tax relief companies, though, will work with the IRS or your state revenue ...

Amounts forgiven through debt settlement may be taxed as income by the IRS. An IRS worksheet shows how to avoid paying taxes on debt settlement when you're insolvent. Taxpayers who are insolvent ...

so they don't qualify for a debt settlement program. Most companies also won't work with tax debt, although CuraDebt handles both. You can also look into firms that specialize in tax debt.