Confused about tax relief? Learn what tax relief means, how IRS programs work and what options may help reduce or manage your tax bill.
Any changes made to the IRS Fresh Start program could affect whether you're eligible for this type of tax relief.
What is the IRS Fresh Start program? No matter your finances, it's always good to know where you can get a little bit of help ...
Another stressful tax season has come and gone, much to the relief of taxpayers across the nation. But while the tax filing deadline has passed, that isn't necessarily the end of the tax-related ...
Logan Allec, CPA is the founder, owner and president of tax relief services company Choice Tax Relief, which serves clients nationwide. When taxpayers fall behind with the IRS, obtaining "tax relief" ...
Business vs. personal tax debt: trust fund taxes can create personal liability. IRS relief tools include installment agreements, offers-in-compromise, and CNC status. Penalty abatement may reduce or ...
Ignoring tax debt triggers rapidly growing penalties and increases the likelihood of IRS action. Addressing the balance early protects your finances and opens the door to realistic repayment or relief ...
When you're staring down an overdue tax bill, a stack of unfiled returns or an ominous letter from the Internal Revenue Service (IRS), it's tempting to procrastinate on finding a solution. After all, ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. For those who cannot pay the full ...
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...
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.
Logan Allec, CPA is the founder, owner, and president of tax relief services company Choice Tax Relief, which serves clients nationwide. For most small business owners, success is typically followed ...